ArenaEV.com ArenaEV.com

Facebook

Twitter

Instagram

RSS

Settings
Units
Power
Standard
Consumption
Currency

Log in

Login

I forgot my password
Sign up
ADVERTISEMENTS

Stellantis CEO Carlos Tavares resigns

  • Post your comment
  • Comments (1)

Vlad, 03 December 2024

Stellantis

The Stellantis board announces that it has accepted the resignation of Carlos Tavares as CEO of the company which includes brands like Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, and Vauxhall.

A new CEO will be appointed in the first half of next year. The process of appointment is managed by a Special Committee of the board, and until a new CEO is instated a new Interim Executive Committee will be established and chaired by John Elkann, already the president of the board and a representative of the Agnelli family, the largest Stellantis shareholder.

Stellantis CEO Carlos Tavares resigns

Tavares basically created Stellantis through the merger between PSA Peugeot-Citroen and FCA Fiat Chrysler in 2021. The combined company is the world's fourth largest automaker. However, his penchant for cost-cutting apparently hasn't endeared him to workers, his aggressive and adversarial attitude towards governments (especially the Italian one) hasn't endeared him to those, and his insistence on pushing very aggressively in the EV direction allegedly hasn't endeared him to the board of Stellantis, which might prefer a more cautious strategy so as not to endanger margins and dividends.

Related articles
  • Stellantis's new STLA Frame platform promises 500 miles of range Stellantis's new STLA Frame platform promises 500 miles of range
  • Stellantis hits the brakes on Fiat 500e production Stellantis hits the brakes on Fiat 500e production
  • Stellantis extends e-Routes connected planning app to all its brands Stellantis extends e-Routes connected planning app to all its brands
  • Leapmotor starts T03 production at Stellantis' Polish EV factory Leapmotor starts T03 production at Stellantis' Polish EV factory

Reader comments

?
  • Anonymous
  • kmq
  • 03 Dec 2024

In place of MBA-types, how about an engineering PhD-type for the next CEO?

  • Reply
  • Read all comments
  • Post your comment
Total reader comments: 1

  • Home
  • Compare
  • News
  • Terms
  • Reviews
  • About us
  • Tesla
  • Volkswagen
  • Audi
  • Porsche
  • BMW
  • Mercedes
  • Hyundai
  • Kia
  • Genesis
  • Renault
  • Nissan
  • Ford
  • Volvo
  • Polestar
  • Jaguar
  • Toyota
  • Mazda
  • Mini
  • MG
  • Vinfast
  • Lucid
  • Rivian
  • Cadillac
  • Chevrolet
  • GMC
  • Subaru
  • Nio
  • Xpeng
  • BYD
  • [..]

EV finder

ADVERTISEMENTS

Latest models

  • ModelTesla
    Model Y Performance
  • ModelMercedes
    CLA Shooting Brake 250+
  • ModelHyundai
    Ioniq 6 N
  • ModelXiaomi
    YU7 Max
  • ModelNissan
    Leaf 75kWh
  • ModelTesla
    Model S Plaid

Featured

  • Why BMW i3 was ahead of its time Why BMW i3 was ahead of its time
  • How big is the “fuel tank” of an EV? How big is the “fuel tank” of an EV?
  • VW ID.4, Audi Q4 and Skoda Enyaq - three identical yet so different EVs VW ID.4, Audi Q4 and Skoda Enyaq - three identical yet so different EVs
  • Why do modern vehicles beep so much while driving? Why do modern vehicles beep so much while driving?
  • Why electric cars don't have conventional gearboxes Why electric cars don't have conventional gearboxes
ADVERTISEMENTS

Reviews

  • Polestar 2 Long Range AWD review Polestar 2 Long Range AWD review
  • 57 electric cars range tested at highway speeds - who wins? PART 2 57 electric cars range tested at highway speeds - who wins? PART 2
  • Maserati Grecale Folgore review Maserati Grecale Folgore review
  • Hyundai Ioniq 5 77.4 kWh AWD review Hyundai Ioniq 5 77.4 kWh AWD review

Home News Compare About us RSS feed Facebook Twitter Instagram

© 2022-2025 ArenaEV.com Mobile version EV Finder Glossary Privacy Terms of use

From the team behind
GSMArena.com