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Stellantis CEO Carlos Tavares Resigns Amid Sales Decline

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Source: Axios
Stellantis CEO Carlos Tavares Resigns Amid Sales Decline
Photo: Axios
TL;DR

Carlos Tavares has resigned as CEO of Stellantis, the company behind Jeep and Ram vehicles, amid a significant sales decline. The decision follows differing views between Tavares and the board, as Stellantis reported a 20% drop in U.S. vehicle deliveries in the third quarter. An Interim Executive Committee, led by John Elkann, will manage the company until a new CEO is appointed by mid-2025.

Topics:business#automotive-industry#business#carlos-tavares#resignation#sales-slump#stellantis
Share this article
  1. CEO of Jeep-maker Stellantis Carlos Tavares resigns amid sales slump  Axios
  2. Stellantis CEO Carlos Tavares steps down  CNN
  3. Stellantis CEO Carlos Tavares resigns amid falling sales  UPI News
  4. C.E.O. of Stellantis, Which Owns Chrysler and Jeep, Resigns  The New York Times
  5. Boss of car making giant Stellantis abruptly quits  BBC.com

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