Stellantis CEO Carlos Tavares to Retire by 2026 As It Faces Challenges In EV Market

  • 7 hours ago
Stellantis confirmed CEO Carlos Tavares will retire in early 2026. The automaker, facing declining earnings in North America, recently lowered its 2024 profit forecast and announced management changes. Stellantis faces growing competition from Chinese electric vehicle makers in Europe and aims to adopt a siVideo-Typemilar competitive approach. The company plans to have 100% of its passenger car sales in Europe and 50% in the U.S. be electric by 2030.
Personality

Recommended

4:00
I
Up next
Tamil Nadu Train Accident| From Balasore Train Accident to Dibrugarh, Major Accidents Since 2020
Oneindia
4:01
Chennai Train Accident: Drone Footage Captures Aftermath of Mysuru-Darbhanga Express Derailment
Oneindia
11:51
Tesla Seems To Be Having Trouble Building A Better Battery – Could This Company Solve The Problem?
Benzinga
0:49
Tesla, BYD Face Li Auto's Rise
Benzinga
1:05
5 Facts About Cameras (National Camera Day, June 29)
Wibbitz Top Stories
0:35
Delta Sees Travelers Shifting Europe Trips to Cooler Months, Extends Trans-Atlantic Flight Schedules
Benzinga
0:42
Wells Fargo Q3 Earnings Beat Expectations, Revenue Falls Short
Benzinga
0:40
Tesla Stock Drops After Underwhelming Cybercab Reveal. Here's Why Investors Came Away Underwhelmed
Benzinga
0:41
Florida Insurance Market Resilient After Hurricane Milton. Storm Less Destructive Than Analysts Predicted.
Benzinga
6:17
Electric cars will come of age in 2018 | The Economist
The Economist
0:48
Revolution in The Car Industry: Electric Cars Are Taking Over
Motor-Motion
0:33
Delta Air Lines Warns Of Election-Related Revenue Hit But Projects Rebound
Benzinga
0:47
Tesla Unveils Cybercab Robotaxi - With Surprise Robovan - at ‘We, Robot’ Event. FSD Trials To Begin Next Year.
Benzinga
0:43
Russia's 2025 Budget Raises Defense Spending by 25%, As Inflationary Pressures And High Interest Rates Weigh On Consumers
Benzinga
3:27
Auto Industry Shift to Electric Vehicles
CW7 Arizona
2:18
China's BYD outsells Tesla and other carmakers as it eyes becoming Europe's biggest EV player
euronews (in English)
3:06
Tamil Nadu Train Accident Underlines the Need for Kavach Protection all across India | Oenindia
Oneindia
1:02
Surprising Stats That Highlight the Power of Social Media (Social Media Day, June 30)
Wibbitz Top Stories
1:31
Recently Spotted Asteroid Set for Near Miss With Earth
Wibbitz Top Stories
0:46
Tesla CEO Elon Musk Predicts 'Significant' Global Success for Chinese EV Makers if Trade Barriers Are Absent
Benzinga
0:59
Volvo Will Go All-Electric and Sell Cars Exclusively Online by 2030
Motor-Motion
0:52
Toyota scales back electric car plans in the US
Bang Tech News
5:55
Debunking the Misconceptions of Driving an Electric Vehicle - Robert Llewellyn, Independent EV Expert
AutoMotions
0:34
Chinese EV Companies Go To Europe
Benzinga
2:52
Jeep® Avenger Exterior Design
AutoMotions