Stellantis CEO Carlos Tavares Resigns Amid Sales Decline
TL;DR Summary
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.
- CEO of Jeep-maker Stellantis Carlos Tavares resigns amid sales slump Axios
- Stellantis CEO Carlos Tavares steps down CNN
- Stellantis CEO Carlos Tavares resigns amid falling sales UPI News
- C.E.O. of Stellantis, Which Owns Chrysler and Jeep, Resigns The New York Times
- Boss of car making giant Stellantis abruptly quits BBC.com
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