Abrupt Departure Marks the End of an Era for One of the Auto Industry’s Most Respected Leaders In a move that has sent ripples through the automotive industry, Carlos Tavares has resigned as CEO of Stellantis, the global automotive giant behind Jeep, Fiat, and Peugeot. The announcement comes just two months after the company issued a profit warning, leading to a steep 40% drop in its stock value this year. Stellantis has confirmed that the search for a new CEO will commence in early 2025. The End of the Tavares Era Tavares, who played a pivotal role in the 2021 … Continue reading Carlos Tavares Steps Down as CEO of Stellantis Amid Financial Challenges