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Stellantis CEO resigns as carmaker continues to struggle with slumping sales

  • Stellantis CEO Carlos Tavares has resigned effective immediately, as accepted by the automaker’s Board of Directors on Sunday, Dec. 1, 2024.
  • A new Interim Executive Committee, chaired by John Elkann, will be established until a new CEO is appointed in the first half of 2025.
  • Tavares' resignation followed a steep drop in Stellantis’ sales and calls for his departure from the United Auto Workers union.
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