New York CNN —
Stellantis, the maker of Chrysler, Jeep, Fiat and Peugeot among other brands, announced on Sunday that embattled CEO Carlos Tavares has resigned due to differences with the board and in the face of disappointing sales and calls for his ouster.
The departure comes following a steep drop in Stellantis’ sales, a glut of unsold vehicles on dealers’ lots, layoffs at several of its plants and calls for his departure from the United Auto Workers union, which represents its US workers, and also scathing criticism of his tenure from a council of its US
→ Continue reading at CNN - Business News
