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Stellantis CEO Carlos Tavares resigns
Stellantis Stock Tumbles After CEO Carlos Tavares Resigns. What Sealed His Fate.
While Stellantis stock has fallen sharply in 2024, that wasn’t what led to Sunday’s announcement that CEO Carlos Tavares had resigned.“Our thanks go to Carlos for his years of dedicated service and the role he has played in the creation of Stellantis,
Stellantis Stock Sinks After Jeep Maker's CEO Resigns
Stellantis shares tumbled following the carmaker's announcement that CEO Carlos Tavares resigned, effective immediately.
Stellantis CEO Carlos Tavares resigns from struggling carmaker
Carlos Tavares is stepping down as Chief Executive Officer of Stellantis, effective immediately, following a sharp decline in the carmaker’s sales. As the Wall Street Journal notes, in July, the company reported that its net profit for the first half of the year had dropped by 48 percent compared to 2023.
Stellantis, Samsung
US Loans Stellantis, Samsung Venture $7.54B to Build EV Battery Plants
The Department of Energy announced a $7.54 billion loan commitment to a Stellantis and Samsung SDI joint venture to build EV battery plants.
Stellantis-Samsung JV gets $7.5 billion U.S. government loan for EV battery plants in Indiana
A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. government for up to a $7.54 billion loan to help build two electric-vehicle battery plants in Kokomo, Ind.
U.S. Energy Department unveils $7.54B loan for Samsung, Stellantis EV battery plant
DOE says a multi-billion dollar loan will jumpstart a joint project in Indiana between Stellantis and Samsung to aid battery production for the rapidly-expanding electric vehicle industry.
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on MSN
Stellantis dealers glad Tavares is out, but now concern grows for the future
Then, they want a new CEO to put the transformation to electric vehicles front and center. Finally, some analysts said the ...
1h
on MSN
Why Stellantis's CEO Is Out, and What That Means For the Stock
Until a new CEO is hired, the company will be led by an interim executive committee chaired by John Elkann. Elkann, the great ...
1h
Stellantis shares drop after Carlos Tavares’s sudden exit as CEO
Stellantis' indicated Carlos Tavares' views had become misaligned with those held by the company's board and shareholders ...
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2h
Stellantis considers Picat and Filosa for CEO, says source
PARIS >> The board of Stellantis is considering its head of North American operations, Antonio Filosa, and procurement chief ...
1h
3 things the next Stellantis CEO will need to fix
The Stellantis 2024 roller coaster hit a new low with CEO Carlos Tavares’s abrupt resignation. Here are three areas a new CEO ...
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Stellantis CEO steps down amid slumping sales
Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns car ...
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on MSN
How Stellantis CEO’s Cost-Cutting Mantra Cost Him His Job
Stellantis stock fell more than 6% Monday.Despite the challenges, Stellantis’s board had given Tavares its unanimous backing ...
2h
Boss of car making giant Stellantis abruptly quits
The boss of car-making giant Stellantis, Carlos Tavares, has quit with immediate effect following a boardroom clash. His ...
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