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The Latest Breaking News from Carlos Tavares

Stellantis shareholders approve €23.1mn payout for former CEO Tavares

The European carmaker is still looking for a new head after Carlos Tavares resigned in December, following a year of slumping sales. Investors rewarded the former CEO with a controversial pay package on Tuesday.

Euronews

Maserati Is Not for Sale

To say Maserati is in the red would be a major understatement. Sales plummeted by 57 percent last year when only 11,300 people bought a car bearing the Trident logo. And 2025 isn't shaping up much better, as the high-end Italian marque has already fallen another 48 percent through March…

Motor1

Trump's Tariffs Could Force Stellantis to Sell Alfa Romeo and Maserati

Stellantis is already wounded. The conglomerate watched as sales and revenue nosedived through 2024, eventually leading to the abrupt resignation of its former CEO, Carlos Tavares. This was supposed to be a year of rebuilding for the company, but with Trump's steep tariffs now in effect and no indication of…

Motor1

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Lancia's Relaunch Faces a Rough Start

Lancia is one of several Stellantis brands struggling to stay afloat. For years, it was confined to a single market: Italy. However, with last year’s launch of the new Ypsilon, the brand also expanded its presence beyond the country shaped like a boot. Following a long hiatus, Lancia returned to…

Motor1

Stellantis Will Restart Hemi Production This Year: Report

The Dodge, Ram, and Jeep lineups are deficient in one crucial thing—Hemi V-8 engines. Yes, the 5.7- and 6.2-liter V-8s continue to power the current-generation Durango, and the Jeep Wrangler 392 exists with the 6.4, but the engine is missing from other important models like the new Charger and 1500. However,…

Motor1

Carlos Tavares Earned an Absurd Amount of Money as Stellantis CEO

Carlos Tavares suddenly abandoned the Stellantis ship in December, even though his five-year contract wasn’t set to expire until early 2026. The first and only CEO of Stellantis had held the position since 2021, when Fiat Chrysler Automobiles (FCA) and Peugeot Citroën (PSA Group) officially tied the knot, finalizing their…

Motor1

Stellantis' U.S. price cuts may be working, data shows

Data from AI agent CoPilot shows inventory has fallen faster than prices in the last year for Jeep, Ram, and Chrysler cars.

Fortune

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What's Next For Lucid Motors

I have to admit that I wasn't expecting yesterday's Lucid Motors' fourth-quarter earnings call to be an especially interesting one. The company has its marching orders: ramp up production of the Lucid Gravity SUV in particular, double car production overall and move its groundbreaking electric vehicle technology to a new…

InsideEVs

Maserati Sales Collapsed in 2024

It may be almost March, but sales figures for last year are still coming in. Predictably, Maserati had a terrible year, and after seeing the numbers, many would argue it was actually worse than expected. Today, parent company Stellantis released full-year results, showing the company with the trident logo fell…

Motor1

Stellantis Names New Bosses for Jeep and Peugeot

When Carlos Tavares suddenly resigned on December 1 last year, Stellantis named an Interim Executive Committee to lead the automotive conglomerate during the transitional period until a new Chief Executive Officer is named. The Special Committee of the Board of Directors will announce the next CEO in the first half…

Motor1

Stellantis Hits Back at Worried Dealers: 'We Are Fully Committed'

Dodge, Jeep, Ram, and Chrysler all had significant sales declines in 2024. As a result, the FCA side of Stellantis fell 15 percent. Unsurprisingly, dealers were none too happy about it. The US Stellantis National Dealer Council sent a strongly worded letter to Carlos Tavares, blaming him for steering the…

Motor1

Dodge: Gas-Powered Charger Sixpack Will Arrive by Summer

Speaking to dealers at the National Automobile Dealers Association (NADA) convention in New Orleans, Stellantis confirmed the new combustion-powered Dodge Charger Sixpack will finally reach dealers "by summer 2025." A specific date wasn't announced, but if we take this literally, expect it to arrive no later than June 20.

Motor1

After meeting with Trump, Stellantis chairman commits to restart of endangered Illinois plant

Stellantis’s Belvidere site has been mothballed since February 2023 after the carmaker temporarily discontinued production of the Jeep Cherokee crossover.

Fortune

Stellantis Executives Finally Get What They Want: 'Freedom'

The 2025 Detroit Auto Show was very different from those of recent memory. Formerly the North American International Auto Show, this was once a world-leading venue brimming with new vehicle debuts, concept cars, and executives hanging out in million-dollar display booths ready to brag about their companies.

Motor1

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Motor1

Jeep Boss: 'Energy Is High' Following Tavares Resignation

In September 2024, Bob Broderdorf was appointed head of Jeep in North America. He stepped in amid plummeting sales and angry dealers disillusioned with the company's direction under Stellantis. The Stellantis board was already looking for a new company CEO at that point, but the sudden resignation of Carlos Tavares…

Fortune

Stellantis exec says carmaker was 'anti-American' when it stole customers' freedom

Newly installed Ram CEO, Tim Kuniskis, says removing its Hemi-V8 engine made Americans feel like their freedom was being taken away.

Motor1

Fixing Maserati's Terrible Sales Won't Be Easy, Says New CEO

It's no secret that 2024 was a rough year for Stellantis. It was so rough that Carlos Tavares ultimately resigned his CEO position amid all kinds of alleged finger-pointing between him and the entire Stellantis board. In the US, much has been said about sales declines at Jeep, Ram, and…

The Conversation

Carlos Tavares resigns: Agnelli and Peugeot families take back control

A significant rift has shaken Stellantis, the world’s fourth-largest automaker. In a dramatic turn of events, the company’s board has summoned CEO Carlos Tavares, ultimately compelling him to step down.

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Fortune

The people who shaped European business in 2024

Fortune set out to pick the leaders who’ve kept Europe at the center of global debates in 2024. Their presence portends the year to come.

Motor1

Carlos Ghosn Can Save Stellantis

In 1998, Chrysler turned into Daimler-Chrysler, which morphed into FCA, and now, for some reason, it's called Stellantis. Whatever the name may be, the smallest member of Detroit's Big Three is seemingly in permanent need of a savior. For Stellantis, the highs are stratospheric, but the lows are somewhere in…

International Business Times

Stellantis Backtracks On Plan To Lay Off 1,100 At US Jeep Plant

Stellantis confirmed Saturday it was reversing a decision to lay off 1,100 workers at its Jeep plant in the US state of Ohio, following the ouster of embattled chief executive Carlos Tavares.

Motor1

Production of Fiat and Maserati EVs Will Stay Paused Over Slow Sales

Fiat won’t be building any new 500es anytime soon. Stellantis has extended the shutdown at the factory where it assembles the little electric vehicle until January 20. The automaker had announced late last month that it would pause production at its Mirafiori factory in Italy until January 5.

Motor1

Ram Won't Launch Its Electric Pickup Until 2026

Ram's all-electric pickup truck has been delayed again. The 1500 REV will officially launch in 2026, pushed back at least another six months from its previous delay announced in November. Ram doesn't narrow the timeframe any further than that, leaving a 12-month window for the overdue battery-electric truck to finally go…

Motor1

Tavares: China Is 'Many Years' Ahead With EVs, Says EU Politicians Created 'Dead End'

Former Stellantis CEO Carlos Tavares isn't backing down from the decisions that led to his resignation. In his first interview since voluntarily exiting the company, he effectively double-downed on his stance that conflicted with the Stellantis board members. At the same time, he voiced concerns that China was far ahead…

Fortune

As dealers trash his legacy, ex–Stellantis CEO Carlos Tavares has no regrets

Carlos Tavares has no regrets about his premature exit from troubled automaker Stellantis.

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