Jeep and Ram maker Stellantis searches for a new CEO | AP News
WEB1 day ago · Updated 4:12 PM PDT, September 23, 2024. DETROIT (AP) — Struggling Jeep and Ram maker Stellantis is looking for a CEO to succeed Carlos Tavares, but the company says it’s just part of a normal leadership succession plan. Tavares has been under fire from U.S. dealers and the United Auto Workers union after a dismal first-half financial ...
Stellantis begins search for new CEO, lays out plan to improve US …
WEBStellantis this year said the group's total inventories amounted to around 1.4 million vehicles at the end of the first half, when its adjusted operating profit fell 40% due to a soft performance ...
Michigan Republicans write to Stellantis CEO about 'grave concerns'
WEB5 hours ago · Hear this story. Washington — Three Republican members of Michigan's congressional delegation sent a letter to Stellantis NV CEO Carlos Tavares expressing "grave concerns" over recent ...
Stellantis starts search for CEO Carlos Tavares' successor
WEB6 hours ago · Stellantis told the news agency that it was normal procedure to initiate a search for a successor to Tavares in anticipation of his contract expiring, and that it remained possible that Tavares ...
Stellantis to seek new CEO to succeed Carlos Tavares | Automotive News …
WEB1 day ago · Stellantis ' board of directors is due to meet in the U.S. on Oct. 9 and 10 to evaluate plans put in place to turn around the business in the region, the people said.
Stellantis initiates search for successor to CEO Carlos Tavares
WEBStory by Reuters. • 12m. (Reuters) - Stellantis has initiated a search for a successor to CEO Carlos Tavares, Bloomberg News reported on Monday citing people familiar with the matter. Tavares ...
Stellantis ready to axe brands and fix US problems, CEO says
WEBMILAN, July 25 (Reuters) - Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe underperforming brands in its sprawling portfolio,...
Stellantis aims to correct ‘arrogant’ mistakes in U.S ... - CNBC
WEBJun 13, 2024 · AUBURN HILLS, Mich. — Stellantis is correcting what CEO Carlos Tavares described Thursday as “arrogant” mistakes by himself and the company in the automaker’s U.S. operations that led to sales...
First Half 2024 Results - Stellantis
WEBJul 25, 2024 · AMSTERDAM – Stellantis N.V. today announced results for the first half of 2024, including €85.0 billion of Net revenues, down 14% y-o-y, and €5.6 billion in Net profit, down 48% y-o-y. AOI (1) of €8.5 billion represented a 10% AOI margin (2), and Adjusted diluted EPS (5) decreased 35% y-o-y.
Stellantis searches for a new CEO to cut losses - Fast Company
WEB6 hours ago · Stellantis said Tavares’s five-year contract is a little over a year from its expiration date in 2026. FILE – Stellantis CEO Carlos Tavares speaks during a news conference following a meeting ...