Stellantis CEO resigns as carmaker continues to struggle with slumping sales
- Stellantis CEO Carlos Tavares has resigned effective immediately, as stated by the company's Board of Directors on December 1, 2024.
- The resignation follows a significant drop in Stellantis’ sales, leading to unsold vehicles and layoffs, according to reports.
- Stellantis reported net revenues of 33 billion euros from July to September 2024, down from 45 billion euros in the prior year.
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Left
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Center
88
Right
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Total News Sources450
Leaning Left51Leaning Right46Center88Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 28%
C 48%
R 25%
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