Carlos Tavares’s immediate demise was due to his ambitious sales and cost-cutting targets, which many board members deemed ...
US dealers and unions see Tavares's exit as a step toward rebuilding trust and accountability at the embattled automaker.
GM CFO Paul Jacobson told Wall Street the company has war gamed different scenarios, but doesn't want to overreact.
Targets deemed unrealistic or destructive by some board members triggered the sudden fall of Stellantis CEO Carlos Tavares ...
LA Auto Show was held Nov. 22 to Dec. 1 at the Los Angeles Convention Center. It has served as one of the major U.S. auto ...
Doug Ostermann also said the company is far ahead of schedule in reducing bloated U.S. vehicle inventories in the fourth quarter.
When the new Formula E season kicks off in Sao Paolo, Brazil, on Saturday, six Porsche 99X Electric WCG3s will be part of the ...
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Stellantis CEO Resigns Amid Worker Layoffs
Amidst a turbulent period for Stellantis, the Warren Truck Assembly Plant has witnessed significant layoffs, instigating ...
Netherlands car firm Stellantis may be best known for buying Jeep, Dodge, Ram, and Chrysler, but it says it is definitely not ...
Former chief executive Carlos Tavares and Stellantis agreed an exit pay deal below his €36.5mn package last year, with a large part of his performance-based remuneration lost because of the car ...
Stellantis (NYSE: STLA) seemed to be on the path to recovery after the worst of the pandemic, but now that the market has ...
Stellantis NV is working to rebuild trust with dealers, suppliers, unions and governments after a period of tension under ...