Targets deemed unrealistic or destructive by some board members triggered the sudden fall of Stellantis CEO Carlos Tavares ...

Doug Ostermann also said the company is far ahead of schedule in reducing bloated U.S. vehicle inventories in the fourth quarter.

Carlos Tavares’s immediate demise was due to his ambitious sales and cost-cutting targets, which many board members deemed ...

Stellantis NV is working to rebuild trust with dealers, suppliers, unions and governments after a period of tension under former CEO Carlos Tavares.

Stellantis is confident that an expected improvement in performance could allow the automaker to pay a dividend in 2025, ...

Archer Signals Confidence Despite Stellantis CEO Departure is published in Advanced Air Mobility Report, an Aviation Week ...

Stellantis CFO Doug Ostermann spoke at a Goldman Sachs event, only days after the abrupt resignation of Carlos Tavares as CEO ...

Divergences between Carlos Tavares and Stellantis board members, which led to the CEO's abrupt resignation, were mainly over ...

During the transition, Stellantis will be managed by a newly established Interim Executive Committee, led by Chairman John ...

The plant recently secured billions of dollars in loans from the federal government. It is expected to fully open in 2026, ...

CEO Carlos Tavares has stepped down from his position.  In a Stellantis press release, the company said the Board of ...