Stellantis CEO Resignation Sends Shockwaves Through U.S. Auto Industry
7 Articles
7 Articles
Stellantis CEO steps down as carmaker struggles with slumping sales
NEW YORK — Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroën and Ram, amid an ongoing struggle with slumping sales. The world’s fourth-largest carmaker announced that its board accepted Tavares’ resignat
Stellantis CEO Resignation Sends Shockwaves Through U.S. Auto Industry
Via Metal Miner The Automotive MMI (Monthly Metals Index) remained sideways, only moving down 2.58%. There are currently no significant factors within the US automotive market causing much movement in price action, and automotive sector as a whole remains slow. Despite this, concern about incoming tariffs from the new Trump administration remains palpable. While Trump hasn’t threatened tariffs on large automotive manufacturing nations like Japa…
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