'Radical targets toppled former CEO Carlos Tavares at Stellantis'
Targets deemed unrealistic or destructive by some board members triggered the sudden fall of Stellantis CEO Carlos Tavares just a month after he received their full backing, sources told Reuters. Unhappy with his aggressive targets for sales and cost cuts and his contentious dealings with the giant automaker’s suppliers,
Doug Ostermann also said the company is far ahead of schedule in reducing bloated U.S. vehicle inventories in the fourth quarter.
Stellantis Chief Executive Carlos Tavares has resigned, the automaker said on Sunday, adding it aimed to find a new head in ...
Divergences between Carlos Tavares and Stellantis board members, which led to the CEO's abrupt resignation, were mainly over ...
Carlos Tavares’s immediate demise was due to his ambitious sales and cost-cutting targets, which many board members deemed ...
Then, they want a new CEO to put the transformation to electric vehicles front and center. Finally, some analysts said the ...
John Elkann, 48, is heir to the illustrious Agnelli family that founded Fiat, the closest thing Italy has to royalty and ...
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