Auto giant Stellantis announces ‘immediate’ resignation of CEO Tavares

Auto giant Stellantis announces ‘immediate’ resignation of CEO Tavares …C0NTINUE READING HERE >>>

Stellantis CEO Carlos Tavares, pictured in January 2023, was made chief executive when PSA and Fiat-Chrysler merged to form the new group.
Photo: Robyn BECK / AFP/File
Source: AFP

Stellantis chief executive Carlos Tavares on Sunday resigned “with immediate effect”, the auto giant announced, signalling differences over how to confront the group’s profit slump.

The Italian-US-French company, whose brands include Fiat, Peugeot-Citroen, Opel, Maserati, Chrysler, Ram and Jeep, said in a…

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