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Stellantis Stock Sinks
Stellantis' CEO is out after a tumultuous year. Here's how things got so bad at the Jeep maker.
Stellantis CEO Carlos Tavares resigned from his position after months of pressure from various stakeholders to fix falling sales.
Stellantis Stock Sinks After Jeep Maker's CEO Resigns
Key Takeaways Stellantis shares tumbled following the carmaker's announcement that CEO Carlos Taveras resigned, effective immediately.The struggling company expects to name a replacement next year.Stellantis also reiterated its 2024 outlook after warning that U.
Stellantis dealers relieved after CEO departs: 'Change was needed'
The Chrysler, Dodge, Jeep and Ram retailers watched pricey and older cars pile up on their lots this year, and felt Carlos Tavares wasn't listening.
1d
on MSN
Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter
MILAN/DETROIT (Reuters) -Stellantis Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit ...
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Jeep And Stellantis' Cars Cost Way Too Much
Stellantis had the second highest average vehicle price in the industry. And its turned off dealers and buyers ...
1d
on MSN
Stellantis' CEO stepping down shows how the auto industry is struggling to shift into high gear right now
The auto industry is battling slowing EV demand, rising Chinese competition, and potential tariffs on Mexican imports.
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