Carlos Tavares has resigned as Stellantis CEO after nearly four years, amid plunging electric vehicle sales and rising competition from Chinese car makers. His departure highlights...
The company, facing slumping sales, announced that Carlos Tavares would step down immediately and that a search for a new chief was underway.
The automaker, created by a 2021 merger, is dealing with labor unrest, slumping sales and a revolt from its dealers.
The agreement made in June has been fiercely criticised by environmentalists and opposition groups in Serbia, who argue that it would cause irreversible environmental damage while...