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Carlos Tavares. Alexander Migl, CC BY-SA 4.0 , via Wikimedia Commons

Stellantis shares drop 7% as CEO Carlos Tavares quits

December 2, 2024December 2, 2024Deborah CaterLeave a Comment

Stellantis shares fell 7% to €11.65 on Monday after CEO Carlos Tavares announced his immediate resignation.

Stellantis strike called for 18th October. Image shows car brands associated with Stellantis

Stellantis strike set for 18th October

September 25, 2024September 25, 2024Deborah CaterLeave a Comment

Italy’s major unions have called for a one-day strike on 18th October for metal workers at Stellantis and its local suppliers. The Stellantis strike aims to address concerns over the automaker’s declining production in the country, according to the UILM union.

Mirafiori factory where Fita 500 model is made

Stellantis expected to announce new Fiat 500 model made in Italy

May 27, 2024May 27, 2024Deborah CaterLeave a Comment

Stellantis CEO Carlos Tavares is expected to announce that the fully electric Fiat 500 model will soon have a gasoline version with a mild hybrid powertrain, according to supplier information.