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Stellantis boss abruptly quits in boardroom clash
The boss of car-making giant Stellantis, Carlos Tavares, has quit with immediate effect following a boardroom clash. His abrupt exit from the company - which owns brands including Vauxhall, Jeep, Fiat, Peugeot and Chrysler - comes two months after Stellantis issued a profit warning.
Stellantis CEO abruptly resigns amid differences with board
Stellantis CEO Carlos Tavares abruptly announced his resignation on Sunday after leading the car giant for four years. Its board is already looking for his permanent replacement.
Stellantis Shares Fall on CEO Resignation
Stellantis shares tumbled after Chief Executive Officer Carlos Tavares stepped down with immediate effect. In early European trade, shares fell 8% to 11.53 euros, taking their year-to-date performance down 45.
Stellantis Board accepts Carlos Tavares’ resignation as CEO
Stellantis (STLA) announced that the company’s Board of Directors, under the Chairmanship of John Elkann, accepted Carlos Tavares’ resignation
12m
on MSN
Billions wiped from share price as Vauxhall parent firm's boss abruptly resigns
Stellantis has lost roughly €2.95bn (£2.44bn) in value as the chief executive of Vauxhall's parent company abruptly resigned, ...
6h
on MSN
Stellantis: Shares in Vauxhall owner plunge after boss’s shock resignation
Stellantis last week placed more than 1,000 jobs at risk after announcing plans to close its manufacturing facility in Luton.
1h
Vauxhall’s Luton plant ‘still faces closure’ despite shock exit of cost-cutting chief
The ousting of Carlos Tavares as boss of Vauxhall’s owner is unlikely to save its Luton van plant, industry experts have ...
2h
on MSN
Stellantis CEO Carlos Tavares resigns from struggling carmaker
Carlos Tavares is stepping down as Chief Executive Officer of Stellantis, effective immediately, following a sharp decline in ...
5d
on MSN
Vauxhall workers face 140-mile relocation or losing their jobs as Stellantis plans to shutter 120-year-old factory
More than 1,000 Vauxhall workers will need to move from Luton to Cheshire to keep their jobs as Stellantis consolidates EV ...
Forbes
8h
Stellantis Shares Dive 8% After Tavares Leaves
Tavares has been
Stellantis
CEO since it was formed in 2021 by the merger of Fiat Chrysler and Peugeot. This included ...
10h
Vauxhall owner Stellantis shares tumble after unexpected exit of chief executive
Stellantis noted on Sunday that the process to appoint a new, permanent chief executive was 'well under way', but also ...
1h
Stellantis CEO Tavares quits: Why his EV bet sparked his departure
Carlos Tavares has resigned as Stellantis CEO after nearly four years, amid plunging electric vehicle sales and rising ...
londonlovesbusiness.com
9h
Vauxhall owner shares fall as boss suddenly quits
Stellantis shares plummet as CEO Carlos Tavares abruptly resigns following the announcement of the closure of the Luton ...
6d
Stellantis to shut Vauxhall van plant in Britain
European auto-maker Stellantis said on Tuesday it planned to shut its Vauxhall van factory in Luton, southern England, ...
5d
Vauxhall owner Stellantis blames EV rules for plan to close UK van factory
The owner of Vauxhall and Peugeot on Tuesday said Britain’s “challenging” EV sales quota played a “significant part” in its ...
7h
on MSN
Almost £3bn wiped off Stellantis as electric vehicle crisis grows
Carmaker’s shares drop 8pc amid unfolding leadership crisis ...
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