The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously successful strategies when faced with new, shifting challenges.

Stellantis crolla in Borsa dopo le dimissioni di Tavares, -6,3%. A novembre in Italia vendite giù del 24,6%

ANSA

Italy

Stellantis crashes on the stock market after Tavares resigned, -6.3%. Sales in Italy fell by 24.6% in November

With the departure of Carlos Tavares, the company announced that it will create an interim executive committee to appoint the successor

Com a saída de Carlos Tavares, a empresa informou que criará um comitê executivo interino para nomear o sucessor

Ações da Stellantis fecham em queda de 6,36%, após renúncia de diretor-presidente

Globo

Roberto Irineu Marinho

Brazil

Stellantis shares close down 6.36% after CEO resigns

A record number of CEOs have left their roles in 2024, according to an analysis by a career transitioning firm. Stellantis and Intel's CEOs contributed to the trend this week as the companies face declining stock prices. Andy Challenger, senior vice president of Challenger, Gray & Christmas, joins "The Daily Report" to discuss.

Ad Fontes Media

All Sides

Media Bias/Fact Check

CBS News

National Amusements

Michael Redstone

Stellantis and Intel heads resign, adding to record-breaking CEO step-downs this year

At the close of the session, at 18:00 local time, Stellantis shares were fixed at 11.75 euros, which translates into a decrease of 6.30%. The automotive group, to which brands such as Citroën, Peugeot, Opel, Chrysler, Maserati and Fiat belong, announced on Sunday the resignation of Carlos Tavares “with immediate effect”, a year and a half before the end of his term in 2026. The announcement comes after tensions between Tavares and the group's Bo…

No encerramento da sessão, às 18:00 locais, as ações da Stellantis fixaram-se nos 11,75 euros, o que se traduz numa queda de 6,30%.   O grupo automóvel, ao qual pertencem marcas como Citroën, Peugeot, Opel, Chrysler, Maserati e Fiat, anunciou no domingo a demissão de Carlos Tavares "com efeitos imediatos", um ano e meio antes de terminar o seu mandato, em 2026. O anúncio surge após tensões entre Tavares e o Conselho de Administração do grupo, nu…

Stellantis cai 6,30% na Bolsa de Milão após saída de Carlos Tavares

Noticias ao Minuto

Portugal

Stellantis falls 6.30% on the Milan Stock Exchange after Carlos Tavares leaves

DECRYPTION - The iconic boss left, employees, suppliers and politicians are wondering about the strategy of the coming months.

DÉCRYPTAGE - L’emblématique patron parti, salariés, fournisseurs et politiques s’interrogent sur la stratégie des prochains mois.

Après la chute de Carlos Tavares, Stellantis roule dans le brouillard

Le Figaro

Dassault Group

Paris

Île-de-France

France

After the fall of Carlos Tavares, Stellantis rolls in the fog

The departure of the most-feared man in the auto industry reflects the struggles of manufacturers trying to retool for the electric vehicle era.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

United States

Stellantis Goes Into Survival Mode After Ousting Carlos Tavares

In ten years, he saved PSA and then Opel, succeeded in the merger with Fiat-Chrysler and made Stellantis the fourth largest manufacturer in the world. However, on Sunday evening, Carlos Tavares was forced to resign.

En dix ans, il a sauvé PSA puis Opel, réussit la fusion avec Fiat-Chrysler et fait de Stellantis le quatrième constructeur mondial. Dimanche soir, Carlos Tavares a pourtant été poussé à la démission.

Comment Stellantis va gérer l’après-Carlos Tavares : « Ça équivaut à trouver un nouveau mouton à cinq pattes »

Le Parisien

LVMH

How Stellantis will manage the post-Carlos Tavares: “It's equivalent to finding a new five-legged sheep”

Stellantis sinks (-6.6%) on the Piazza Affari price list and drags Renault with it (-2%) while other stocks in the automotive sector are in contrast in Europe. Michelin lost 0.9% but Ferrari jumped 1.2% higher, BMW 2.7 percent. In Milan, the queen of the list is Nexi (+5.5%), with a large rebound ahead of all other titles. Campari (+ 2.36%), Generali (+ 1.7%) and Leonardo (+ 1.49%) also performed well, while Italgas (-2.11%) and Tim (-1.6%) are …

Stellantis affonda (-6,6%) sul listino di Piazza Affari e trascina con se' Renault (-2%) mentre gli altri titoli del settore auto sono contrastati in Europa. Michelin ha perso lo 0,9% ma Ferrari balza in rialzo dell'1,2%, Bmw del 2,7 per cento. A Milano regina del listino è Nexi (+5,5%) con un gran rimbalzo distanzia tutti gli altri titoli. Bene anche Campari (+2,36%), Generali (+1,7%) e Leonardo (+1,49%) mentre frenano Italgas (-2,11%) e Tim (-…

Stellantis pesa in Borsa (-8%), giù anche Renault (-2,5%)

Quotidiano Nazionale

Stellantis weighs on the stock market (-8%), Renault is also down (-2.5%)

Carlos Tavares resigned as chief executive of the automotive group Stellantis, after almost 4 years of leadership. What does this exit mean for the company? Listen to the new episode of Economy Day by Day, Expresso's daily podcast, hosted by Juliana Simões

Carlos Tavares demitiu-se do cargo de presidente-executivo do grupo automóvel Stellantis, após quase 4 anos de liderança. O que significa esta saída para a empresa? Ouça o novo episódio do Economia dia a dia, podcast diário do Expresso, conduzido por Juliana Simões

Quedas nas receitas e tensões internas: o que motivou a saída de Carlos Tavares da Stellantis?’

Jornal Expresso

Impresa

Declines in revenues and internal tensions: what motivated Carlos Tavares to leave Stellantis? '

Urso-Elkann interview, table at Mimit on December 17 (ANSA)

Colloquio Urso-Elkann, tavolo al Mimit il 17 dicembre (ANSA)

The Portuguese boss left a deep impression on the Franco-Italian-American manufacturer. After its ouster, what organization, what teams, what perspective are emerging for the world's fourth-largest car manufacturer?

Le patron portugais a laissé une profonde empreinte sur le constructeur franco-italo-américain. Après son éviction, quelle organisation, quelles équipes, quelle perspective se dessinent pour le quatrième fabricant mondial d’automobiles ?

Why Making the Same Decisions Over and Over Led Stellantis’ CEO to Resign

Coverage Details

Give the gift of Perspective

Bias Distribution

Ownership

Similar News Topics

Similar News Topics