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MILAN/DETROIT (Reuters) -Stellantis Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around ...
Stellantis, like most automakers, books revenue when vehicles are shipped to dealers. From the company's point of view, those vehicles were "sold," and those sales were counted in its year-end ...
Italian lawmakers on Friday questioned the head of Stellantis, the world's fourth largest automaker, over the group’s strategy, one day after it announced a management shakeup in an effort to ...
Stellantis's US dealers released an open letter to Tavares over the summer, accusing the chief executive of "reckless short-term decision-making" that has had "devastating, yet entirely ...
Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroën and Ram, amid an ongoing struggle with slumping ...
Stellantis now projects its free cash flow to be in a range of negative $5.6 billion to negative $11.2 billion, a far cry from the original guidance of "positive" free cash flow.
The Stellantis 2024 roller coaster hit a new low with CEO Carlos Tavares’s abrupt resignation. Here are three areas a new CEO must address to right the ship at Stellantis.
Stellantis stock tumbled 13% early Monday after the company issued a stark warning about its North American operations, dragging other auto stocks lower in sympathy.Stellantis — which counts ...