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The Independent UK
The Independent UK
World
Via AP news wire

Stellantis CEO Carlos Tavares resigns as maker of Jeep and Dodge struggles with slumping sales

Carlos Tavares Stellantis Jeep
Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the Jeep and Ram maker, which has continued to struggle with slumping sales - (AFP via Getty Images)

Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the Jeep and Ram maker, which has continued to struggle with slumping sales.

The world’s fourth-largest carmaker announced that its board accepted Tavares' resignation on Sunday. He will leave his role as chief executive immediately.

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