02 Jun 2026, 01:25:25 PM

Stellantis CEO Carlos Tavares Resigns Amid Mounting Challenges

Carlos Tavares, the CEO of Stellantis, abruptly resigned on Sunday following mounting tensions among the company’s shareholders and leadership. His departure comes just two months after a profit warning that marked a difficult year for the automaker, which oversees brands like Jeep, Fiat, and Peugeot. Stellantis’ shares have plummeted 40% in 2024, reflecting a challenging […]