Carlos Tavares News

22.12 / 02:47

markets Digital CEO Strategy Software PAM Stellantis reverses Ohio layoffs weeks after CEO's abrupt departure

Ohio Jeep plant less than three weeks after the abrupt resignation of Chief Executive Carlos Tavares, the Franco-Italian automaker said late on Saturday. The company has decided not to put any employees on indefinite layoff from Jan. 5 due to a previously announced shift reduction and will instead extend a worker adjustment and retraining notification notice, a company spokesperson said in an emailed statement. Employees are expected to return to work as scheduled after the new year, the spokesperson said.

18.12 / 00:31

Citi CEO Southern Cycling Auburn Stellantis pledges invest $2.1M in Italian production in 2025 during government talks

The Stellantis automaker has pledged to invest 2 billion euros or $2.1 billion in Italian production next year and spend another 6 billion euros or $6.3 billion in the supply chain

09.12 / 16:47

CEO Stellantis brings back Tim Kuniskis to run Ram brand after ouster of CEO Carlos Tavares

Troubled automaker Stellantis has decided that its Ram brand needs its own executive, so it is bringing back an executive who retired this year when CEO Carlos Tavares was still running the company

06.12 / 21:07

CEO Software track electronic reports Features Stellantis recalling more than 300,000 Ram trucks for braking system defect

Stellantis is recalling more than 300,000 Ram Heavy Duty pickup trucks because a faulty part could cause certain braking and tracking systems to fail

03.12 / 07:19

markets COST CEO pandemic politician Relationships How Stellantis CEO’s cost-cutting mantra cost him his job

Subscribe to enjoy similar stories. A ruthless focus on efficiency made Carlos Tavares a giant of the automotive industry. It was also his undoing at Stellantis.

01.12 / 23:23

markets UPS CEO country reports Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping sales

Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the carmaker that owns brands like Jeep and Ram and Citroën and Peugeot

18.10 / 10:01

COST Provident CEO country strain Italian autoworkers go on strike, as troubled Stellantis faces pressure over production plans

Workers in Italy’s troubled automotive sector are holding a national strike for the first time in 20 years, with a massive demonstration being held in the center of Rome

14.10 / 22:06

markets CEO Fighting show performer reports rights Stellantis CEO: Company on pace to fix sales problems after poor performance

Stellantis is fixing its slowing U.S. sales at the right pace after fumbling a marketing plan earlier this year, CEO Carlos Tavares told reporters Monday

14.10 / 21:06

COST CEO performer Stellantis, seeking to revive sales, makes some leadership changes

Stellantis, which makes Jeep and Chrysler vehicles, announced a number of significant leadership changes, including the timing of CEO Carlos Tavares’ retirement and the departure of its chief financial officer as it struggles to revive sales in North A...

14.10 / 20:56

COST UPS CEO Strategy country Stellantis CEO under fire from Italian lawmakers as the group grapples with financial troubles

Italian lawmakers on Friday questioned the head of troubled French-Italian automaker Stellantis over the group’s strategy, one day after it announced a management shakeup in an effort to revive sales

29.09 / 19:15

markets CEO President consequences Schools Why Stellantis, owner of Chrysler, Jeep and Ram, is struggling

Stellantis, an automotive colossus that owns more than a dozen brands including Chrysler, Fiat, Jeep, Peugeot and Ram, is facing challenges at seemingly every turn. The company's sales and profit have been plummeting. Dealers stuck with parking lots filled with unsold cars are publicly criticizing Stellantis and its CEO in unusually harsh terms. Stellantis' stock price has fallen almost 50% from its high point in March. And the union that represents its U.S. factory workers is threatening to go on strike at several plants. United Automobile Workers locals are expected to vote in the coming days to authorize strikes against several Stellantis factories, protesting what they say are broken promises by the automaker.

26.09 / 09:43

markets COST UPS CEO Department rights Can this European CEO revive the American maker of Jeeps and Rams?

Subscribe to enjoy similar stories. Carlos Tavares, head of Jeep and Chrysler’s parent company, has made a career of swooping in to save struggling European car brands. His latest project is to revive U.S.

24.09 / 22:33

markets COST Provident CEO performer country Italy's automotive workers plan to strike on Oct. 18 over a fall in output at Stellantis

Italy's main metalworkers union says workers in the automotive sector will go on strike on Oct. 18 in protest of declining output from Stellantis, the biggest carmaker in the country

23.09 / 23:17

markets COST CEO President performer reports Struggling Jeep and Ram maker Stellantis is searching for an new CEO

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

12.09 / 16:05

UPS CEO Strategy wellness President reports testing Stellantis to invest $406 million at 3 factories, a step toward meeting commitments in UAW contract

Stellantis will spend $406 million retooling three Michigan factories so they can build electric vehicles or battery parts

11.08 / 17:07

COST CEO Healthcare track reports rights Stellantis warns union of 2,000 or more potential job cuts at an auto plant outside Detroit

Stellantis is warning that it could lay off as many as 2,450 of the 3,700 union workers employed at a truck plant just outside of Detroit

31.07 / 00:13

markets Citi CEO Landmark 2020 reports International Stellantis ships to Europe first fully electric cars produced in venture with China's Leapmotor

Carmaker Stellantis has shipped the first electric vehicles produced under a joint venture with China’s Leapmotor to Europe, with the first models to go on sale next month

30.07 / 23:52

COST Provident FIVE CEO Sustainability reports To cut costs and keep vehicle prices down, Stellantis makes buyout offers to US white-collar workers

Jeep and Ram maker Stellantis says it will offer buyout packages to many of its U.S. white-collar workers just five days after the company’s CEO said the auto industry is in the middle of a significant storm

26.07 / 13:44

COST CEO Tesla Coronavirus pandemic reports Automakers hit 'significant storm,' as buyers reject lofty prices at time of huge capital outlays

Investors are punishing automakers’ stocks this week after second-quarter earnings reports exposed industrywide issues of slowing sales and high prices

25.07 / 17:38

COST CEO Action wellness performer reports Carmaker Stellantis pledges to tackle problems in North America as profits plunge

Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere after reporting a plunge in first-half earnings

13.06 / 23:27

markets UPS CEO Strategy Auburn isolate Stellantis CEO cites failures in US operations, ready to compete head-on with Chinese EVs

Stellantis CEO Carlos Tavares has expressed dissatisfaction at the operation of some U.S. plants on Thursday as the automaker struggles with lower shipments and falling revenues

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