Sources told CNBC that Carlos Tavares was fixated on near-term costs and profits to the detriment of the business as well as ...
We have available capacity in the U.S. that will allow us to adjust,” he said. “It’s not ideal for us, as it won’t be for ...
US dealers and unions see Tavares's exit as a step toward rebuilding trust and accountability at the embattled automaker.
Doug Ostermann also said the company is far ahead of schedule in reducing bloated U.S. vehicle inventories in the fourth ...
On Sunday, Stellantis (NYSE: STLA) announced that it had parted ways with CEO Carlos Tavares, who had led the company since ...
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Stellantis NV is working to rebuild trust with dealers, suppliers, unions and governments after a period of tension under ...
MILAN, Dec 4 (Reuters) - Stellantis is confident that an expected improvement in performance could allow the automaker to pay a dividend in 2025, finance chief Doug Ostermann said on Wednesday ...
In a wide-ranging conversation Wednesday during the Goldman Sachs 16th annual Industrials and Autos Week, Stellantis CFO Doug Ostermann left open the possibility that the company could shift ...