Stellantis is mending fences within the aftermath of the stormy management of Carlos Tavares, which delivered unbelievable earnings but additionally badly broken relations with unions, merchants, politicians and suppliers. “These are areas the place I clearly suppose we have to construct confidence again,” Stellantis CFO Doug Ostermann mentioned at a banking convention in December. The …
Stellantis Boss Carlos Tavares All of a sudden Resigns
The primary and solely Stellantis CEO, Carlos Tavares, resigned immediately. Though the automotive conglomerate is in dire straits, the announcement remains surprising. Lower than two months in the past, a press launch said that the controversial Portuguese businessman would finish his five-year contract in early 2026. Nonetheless, that wouldn’t be the case anymore. At the …