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Banking and FinanceExecutive Insider

Crisis at Stellantis with CEO Carlos Tavares, Resigning

Stellantis, the multinational automaker behind brands like Chrysler, Jeep, Fiat, and Peugeot, has confirmed the resignation of its CEO, Carlos Tavares, citing unresolved differences with the board and ongoing struggles in sales performance. The company’s announcement follows a cascade of challenges, including declining sales, unsold inventory piling up at dealerships,...
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