Amidst a turbulent period for Stellantis, the Warren Truck Assembly Plant has witnessed significant layoffs, instigating calls for a new CEO and marking a pivotal moment for the company's future. John Maynard,

Naturally, much of the trouble Stellantis has faced has been blamed on its CEO, Carlos Tavares. Now, he has resigned, effective immediately.  Many believe Carlos was bent great for Stellantis and its cars According to Reuters,

The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously successful strategies when faced with new, shifting challenges.

Stellantis CEO Carlos Tavares abruptly announced his resignation on Sunday after leading the car giant for four years. Its board is already looking for his permanent replacement.

More: Stellantis CEO Carlos Tavares Out In 2026 Amid Massive Executive Overhaul. In a statement, Elkann said “Our thanks go to Carlos for his years of dedicated service and the

Carlos Tavares, the Chief Executive Officer of Stellantis NV, has resigned from his position, the company announced on December 1. The board of directors has accepted Tavares’ resignation, and a special committee is leading the search for a permanent replacement,

Stellantis CEO Carlos Tavares has stepped down following a disagreement with the group’s board of directors. Effective immediately, the 66-year-old’s resignation caps a rocky year for the world’s fourth-largest carmaker which was marred with falling sales and cost-cutting measures.