Tag: Carlos Tavares

Stellantis has revealed a staggering 70% drop in net profit for 2024, highlighting the automaker’s deep financial troubles. The company recently published its 2024...

Stellantis CEO Carlos Tavares' sudden resignation has sent shockwaves through the automotive industry. This departure is especially surprising since Tavares had only recently announced...

Stellantis is laying off nearly 200 workers at its Sterling Heights Assembly Plant in suburban Detroit, where the company builds the Ram 1500. Effective...

Stellantis is offering buyouts to U.S. salaried employees to cut costs after a significant drop in net income during the first half of the...

Stellantis joins other automakers that have reported underwhelming sales and production this quarter. Vehicle sales by Stellantis are down about 16% in the second...

The EV industry might be in trouble if they do not lower the average listing price for their vehicles. Although Europe and China are...

Stellantis Chief Executive Officer Carlos Tavares said at a conference on Tuesday that the auto industry would likely continue to be impacted by the ongoing supply...

Carlos Tavares, Stellantis’s Chief Executive Officer, said at an event on Friday that he does not foresee the semiconductor chip shortage ending this year and expects...

An era of high-displacement engines could soon be over for brands under the Stellantis umbrella. It’s rumored that Chrysler, Dodge, Jeep, and RAM Trucks...

Stellantis NV CEO Carlos Tavares isn’t exactly thrilled about the pressure to convert the industry for higher EV adoption. Transitioning too quickly to electrification...