Stellantis stock fell more than 6% Monday.Despite the challenges, Stellantis’s board had given Tavares its unanimous backing to turn the automaker around as recently as October.Since then, his renewed pursuit of cost savings and other efficiencies inflamed already fractious relations with dealers,

Tavares was forced out a year before the end of his contract due to falling profits and what appears to be his failure to cut costs quickly enough for Wall Street and European investors.

Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the carmaker that owns brands like Jeep and Ram and Citroën and Peugeot