The Financial Times8h
Carlos Tavares earns €12mn severance deal after Stellantis departure
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Former Stellantis chief executive Carlos Tavares received a €23mn pay package in 2024 and a €12mn severance ...
Anger erupts as Stellantis workers told profit-sharing checks will be cut by 73 percent
Stellantis workers learned this week that their profit sharing checks for 2024, before taxes, will be $3,780 compared to ...
As Stellantis posts 70% profit plunge, fresh inventory data suggests U.S. price cuts may be working
Data from AI agent CoPilot shows inventory has fallen faster than prices in the last year for Jeep, Ram, and Chrysler cars.
Stellantis brass says a turnaround is underway. How long will it take?
As the automaker navigates this rough stretch without a CEO, Stellantis leaders are tempering expectations for a quick ...
devdiscourse10h
Turmoil at Stellantis: CEO Transition Amid Financial Challenges
Former Stellantis CEO Carlos Tavares saw his pay drop 37% before resigning amid disagreements with the board. Stellantis faces declining sales and seeks a new CEO to stabilize its 14 brands and ...
Stellantis earnings preview: Big 3 automaker looks to put rough year behind it
Big Three automaker Stellantis warned of a “turbulent” year ahead. The company probably had no idea how true that would be.
Stellantis’ New CEO Must Decide Which Of The 14 Brands Stay Or Go
Carlos Tavares departed due to disagreements over strategy, but what is the right strategy for the struggling Stellantis ...
devdiscourse11h
Shakeup at Stellantis: CEO Exit Sparks Strategic Refocus
Carlos Tavares, former Stellantis CEO, resigned after his salary dropped 37% amid conflicts over cost-cutting strategies. His focus on pricing led to declining U.S. sales. Stellantis now cautiously ...
Stellantis Falls on Forecast for Little Recovery From Dire Year
Stellantis NV sees little improvement in profitability this year as the automaker struggles to revive flagging sales while ...
Stellantis reports net loss in second half of 2024
Stellantis had many struggles in 2024 and saw its CEO, Carlos Tavares, depart. A search is underway for his replacement.