Stellantis CEO Carlos Tavares Resigns Amid Ongoing Struggles
Carlos Tavares has stepped down as the CEO of Stellantis, the company that owns Chrysler, Jeep, and Fiat, amid continuing financial struggles characterized by slumping sales and disagreements with the board. His resignation, effective immediately, comes as the automaker faces significant challenges in the U.S. market and a decline in global revenue, prompting speculation about future leadership appointments.
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