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Tavares quits as Stellantis boss

Mark Moran
02 December 2024
Carlos Tavares (Wikimedia Commons)

 

Carlos Tavares has quit as the head of Stellantis with immediate effect.

Tavares’ exit from the company – which owns brands including Vauxhall, Jeep, Fiat, Peugeot and Chrysler – comes two months after the carmaker issued a profit warning after a sharp drop in sales in North America. Last week, Stellantis also announced plans to close its Vauxhall van-making factory in Luton, Bedfordshire.

Stellantis started the process of appointing a new chief executive officer is well...

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