BREAKING: Stellantis CEO Carlos Tavares Will Step Down

BREAKING: Stellantis CEO Carlos Tavares Will Step Down​

Official Announcement To Be Made By Automaker Soon...​

Stellantis is preparing for a leadership shakeup as Chief Executive Officer (CEO) Carlos Tavaressteps down amid recent profit challenges and declining sales in the United States. According to a Bloomberg report, the company is expected to make an official announcement soon.

BREAKING: Stellantis CEO Carlos Tavares Will Step Down

Stellantis is preparing for a leadership shakeup as Chief Executive Officer (CEO) Carlos Tavares steps down amid recent profit challenges and declining sales in the United States. According to a Bloomberg report, the company is expected to make an official announcement soon.

moparinsiders.com

 

[vbondjr1]

wonder if there's a way to let Stellantis see any of this or at least contact them and let them know what we're looking for and see if we can all meet somewhere in the middle

 

[TripleT]

wonder if there's a way to let Stellantis see any of this or at least contact them and let them know what we're looking for and see if we can all meet somewhere in the middle

You mean the super-rich families that control the company.... What is the "this" and what is the halfway?

I for one have a little insight but I am well aware that is beyond me to run a multi-national .... Multi-regulated.... Trillions of dollar corporation.

Let alone one that is in one of the most challenging regulatory, sourcing, labor, and costing environments in the history of industry.

It is pure hubris for anyone here to believe they do, or even a group of us, even if Great Grand pappy once ran the company nearly a Century ago. Even if mine worked at the very original plant in New Castle.

The truth is most of my life Chrysler was the Underdog, Jeep was a curse, and both teetered on bankruptcy and the abyss more often than is succeeded. Between they made some deeply flawed products but some absolutely bangers in-between.

But for sure the best were not when it was run by an MBA or Accountant. But an Auto-Enthusiast .... now they might have those things also but beside that they were CAR guys.

This is something the French, the Germans, the Japanese don't get if you're going to sell appliances those are fine, but the margins are slim and crowded, but American and Italian brands are sold on passion. Passion is not driven by coach work or styling alone. It an entire experience, it how the car feels in your rear, the sound of the powertrain, the grip in the tires. The stares of people on the street and parking lots.

We have no power here other than to entertain, and maybe a little complaint therapy and a hope for the best.

 

[Mopar426]

He certainly made a mess of things. Like others trying to run an American car company with a European background, he could not make the connection or inculcate the respect for American excellence that eventually torpedoed all these executives. Watching too much soccer does strange things to people it seems.
Big lesson is that an American leader with deep roots in Chrysler culture must lead this whole company. Europeans, sincere sometimes, disrespectful most times and egotistical at all times just will never succeed. The sooner Carlos leaves the better and the sooner an American Mopar person is put in charge of all operations the better. Can’t do worse.
Things are really chaotic and disorganized. I have no kind words of farewell to offer. Close the door when you leave, like now.

I have first hand experience with working under a European brought over to run a brand in NA (without mentioning names). No. Freaking. Clue. Sums it up. Marketing all wrong, incentives all wrong, product planning all wrong - everything. He even went on to lead some pretty large brands purely based off his resume but always got canned after it became apparent he had no idea what he was doing. I remember we were finishing a meeting with the marketing agency, tens of thousands on a new campaign - when the agency left I asked him how we were going to track this to make sure it was working, and he got mad at me and said we dont talk about that. So, yes, they are even worse than you think. Last I heard he was at a small dealer group now - probably safe there as dealer groups run themselves.

 

[redriderbob]

 

[BWS1]

Welcome

the last time it was under American control they tried to sell Ram to Nissan, Minivan to VW, and Jeep to the Chinese...... and killing Dodge and Chyrsler,

As much as I don't care for Obama, SM saved the company. You are a few decades away from when the company was given away. The person that caused this was Robert Eaton, Iacocca's chosen successor. So ultimately it was Lee, all Xenophobia asside.

The company was run the best with product guys like Lutz and SM.

I’m sure you’ll suggest that Lee also had nothing zero zilch to do with saving the decrepit place in 1979-80, right? Let the man lie in rest ! And what exactly is it in hindsight that Sm did other than ride a rising tide that ALL automakers benefited from for a few years? Show me the list of new products the man brought to market that didn’t totally tank by any meaningful measure? Now let’s count how many chromed up wire wheel cars Lee brought to market that they sold the crap out of for a decade. Sm polished up Daimlers carry over and rode a wave.

 

[redriderbob]

I’m sure you’ll suggest that Lee also had nothing zero zilch to do with saving the decrepit place in 1979-80, right? Let the man lie in rest ! And what exactly is it in hindsight that Sm did other than ride a rising tide that ALL automakers benefited from for a few years? Show me the list of new products the man brought to market that didn’t totally tank by any meaningful measure? Now let’s count how many chromed up wire wheel cars Lee brought to market that they sold the crap out of for a decade. Sm polished up Daimlers carry over and rode a wave.

Sergio Marchionne’s time at Chrysler was defined by bold moves that helped turn the company around and set it on a path to success. One of his biggest achievements was orchestrating the merger between Fiat and Chrysler in 2009, which helped Chrysler avoid bankruptcy and gain access to Fiat’s global resources. He revitalized Chrysler’s lineup with hits like the Dodge Ram 1500, Jeep Grand Cherokee, and Chrysler 300, which became key players in their segments. Marchionne also pushed Jeep’s global expansion, turning it into one of the most recognizable SUV brands worldwide. His focus on financial turnaround brought Chrysler from the brink of collapse to consistent profitability, and by 2014, the company was in solid financial shape. He streamlined operations, cut costs, and introduced platform-sharing that made both Fiat and Chrysler more efficient. His leadership also saw Chrysler return to the stock market in 2014, marking a major milestone. Overall, Marchionne’s legacy at Chrysler is one of smart strategy, global growth, and a company that came back stronger than ever.

 

[TripleT]

Sergio Marchionne’s time at Chrysler was defined by bold moves that helped turn the company around and set it on a path to success. One of his biggest achievements was orchestrating the merger between Fiat and Chrysler in 2009, which helped Chrysler avoid bankruptcy and gain access to Fiat’s global resources. He revitalized Chrysler’s lineup with hits like the Dodge Ram 1500, Jeep Grand Cherokee, and Chrysler 300, which became key players in their segments. Marchionne also pushed Jeep’s global expansion, turning it into one of the most recognizable SUV brands worldwide. His focus on financial turnaround brought Chrysler from the brink of collapse to consistent profitability, and by 2014, the company was in solid financial shape. He streamlined operations, cut costs, and introduced platform-sharing that made both Fiat and Chrysler more efficient. His leadership also saw Chrysler return to the stock market in 2014, marking a major milestone. Overall, Marchionne’s legacy at Chrysler is one of smart strategy, global growth, and a company that came back stronger than ever.

Well put.

 

[BWS1]

Sergio Marchionne’s time at Chrysler was defined by bold moves that helped turn the company around and set it on a path to success. One of his biggest achievements was orchestrating the merger between Fiat and Chrysler in 2009, which helped Chrysler avoid bankruptcy and gain access to Fiat’s global resources. He revitalized Chrysler’s lineup with hits like the Dodge Ram 1500, Jeep Grand Cherokee, and Chrysler 300, which became key players in their segments. Marchionne also pushed Jeep’s global expansion, turning it into one of the most recognizable SUV brands worldwide. His focus on financial turnaround brought Chrysler from the brink of collapse to consistent profitability, and by 2014, the company was in solid financial shape. He streamlined operations, cut costs, and introduced platform-sharing that made both Fiat and Chrysler more efficient. His leadership also saw Chrysler return to the stock market in 2014, marking a major milestone. Overall, Marchionne’s legacy at Chrysler is one of smart strategy, global growth, and a company that came back stronger than ever.

And again I ask, show me a model HE developed that was a market success, not a left over Daimler. Everything you mentioned was already in the portfolio and for sale when he came on board. What did we get from him that was a MARKET SUCCESS. He made money. Good on him. After the government handed it to him.

 

[Mike201]

You mean the super-rich families that control the company.... What is the "this" and what is the halfway?

I for one have a little insight but I am well aware that is beyond me to run a multi-national .... Multi-regulated.... Trillions of dollar corporation.

Let alone one that is in one of the most challenging regulatory, sourcing, labor, and costing environments in the history of industry.

It is pure hubris for anyone here to believe they do, or even a group of us, even if Great Grand pappy once ran the company nearly a Century ago. Even if mine worked at the very original plant in New Castle.

The truth is most of my life Chrysler was the Underdog, Jeep was a curse, and both teetered on bankruptcy and the abyss more often than is succeeded. Between they made some deeply flawed products but some absolutely bangers in-between.

But for sure the best were not when it was run by an MBA or Accountant. But an Auto-Enthusiast .... now they might have those things also but beside that they were CAR guys.

This is something the French, the Germans, the Japanese don't get if you're going to sell appliances those are fine, but the margins are slim and crowded, but American and Italian brands are sold on passion. Passion is not driven by coach work or styling alone. It an entire experience, it how the car feels in your rear, the sound of the powertrain, the grip in the tires. The stares of people on the street and parking lots.

We have no power here other than to entertain, and maybe a little complaint therapy and a hope for the best.

I know we normally don’t see eye to eye but this was PERFECTLY said!!! You nailed it!!!
Thanks for posting.

 

[Mike201]

Sergio Marchionne’s time at Chrysler was defined by bold moves that helped turn the company around and set it on a path to success. One of his biggest achievements was orchestrating the merger between Fiat and Chrysler in 2009, which helped Chrysler avoid bankruptcy and gain access to Fiat’s global resources. He revitalized Chrysler’s lineup with hits like the Dodge Ram 1500, Jeep Grand Cherokee, and Chrysler 300, which became key players in their segments. Marchionne also pushed Jeep’s global expansion, turning it into one of the most recognizable SUV brands worldwide. His focus on financial turnaround brought Chrysler from the brink of collapse to consistent profitability, and by 2014, the company was in solid financial shape. He streamlined operations, cut costs, and introduced platform-sharing that made both Fiat and Chrysler more efficient. His leadership also saw Chrysler return to the stock market in 2014, marking a major milestone. Overall, Marchionne’s legacy at Chrysler is one of smart strategy, global growth, and a company that came back stronger than ever.

Nicely said Bob. I was never a fan of SM, but he did save Mopar and sailed the ship right and kept it together.

 

[Mopar426]

And again I ask, show me a model HE developed that was a market success, not a left over Daimler. Everything you mentioned was already in the portfolio and for sale when he came on board. What did we get from him that was a MARKET SUCCESS. He made money. Good on him. After the government handed it to him.

Daimler left a bunch of rubbermaid interior junk. The 2011 Charger had 4 ugly square tail lights and the same rubbermaid interior. The Cerberus guys made updates to it and then Sergio added a further series up upgrades which included the racetrack rear tail lights. They did this also with the all new 2011 Grand Cherokee and continuous improvements to Ram trucks. The Dart was Obama's mandated car they make that got 40 MPG as part of the deal - that flopped. The core products needed to be refined and Marchionne did that. You dont remember all the smack they got for terrible interiors back then??? Look at the massive improvements the Wrangler got. Gladiator??

As for a car they did - the Chrysler 200. It also got the axe but it looked good and had 282hp and AWD in 200S trim, still a cool rig no matter how you slice it, nobody wanted sedans anymore so they axed it to put CUV's in its place that were selling like hot cakes. Cherokee, Compass that they also did.

He also got rid of Chrysler credit as they were making more off financing than the cars themselves - he turned Chrysler back into a CAR company and not just a slop manufacturer chasing interest payments. He saved Chrysler and anyone that thinks otherwise is clueless, period.

 

[Mopar392]

And again I ask, show me a model HE developed that was a market success, not a left over Daimler. Everything you mentioned was already in the portfolio and for sale when he came on board. What did we get from him that was a MARKET SUCCESS. He made money. Good on him. After the government handed it to him.

Sure under Sergio no new product was developed, but he perfected what was there.

 

[BWS1]

Sure under Sergio no new product was developed, but he perfected what was there.

Exactly. My point exactly. Thank you. And I got news for you boys, get ready because if the end wasn’t already here , it is now. Look at the members of the new interim executive committee. One native North American. No one, none, with any ties to Chrysler Dodge Jeep Ram legacy . Stell anus will keep Jeep around a few more years, I guess because it’s a “global” brand as we’ve been reminded here. Let me know how that sells to the home crowd. lol. Dodge will get this new charger and then what? Chrysler ? Done. Ram. Let me know how this massive investment in electric trucks goes while the 3/4 tons are allowed to go geriatric with no new investment. We’re a long way from Mopar now. Call it whatever you want. The jigs up. Has been for a while.

 

[redriderbob]

And again I ask, show me a model HE developed that was a market success, not a left over Daimler. Everything you mentioned was already in the portfolio and for sale when he came on board. What did we get from him that was a MARKET SUCCESS. He made money. Good on him. After the government handed it to him.

Looking at the 2011 lineup of Chrysler, Dodge, Jeep®, and Ram products, it's clear that significant investments were made in areas like interior materials and build quality. These improvements helped Chrysler Group position itself at the forefront of automotive interiors and overall quality at the time—excluding the Dodge Dart, which was rushed to market. Ram’s back-to-back MotorTrend Truck of the Year titles and Chrysler Group’s continued success in winning numerous awards can be attributed to the brand’s focus on refining design, enhancing interior quality, and offering better overall value. The investment in premium materials, advanced technology, and improved performance made a strong impact across the entire lineup, boosting both consumer perception and industry recognition.

DaimlerChrysler/Cerberus Capital Management - Chrysler Sebring Sedan -





Fiat controlled Chrysler Group Production 2011 Chrysler 200 -





DaimlerChrysler/Cerberus Capital Management - Jeep Compass -



Fiat controlled Chrysler Group Production 2011 Jeep Compass -



If you want to see a compelling example of how Sergio Marchionne invested heavily in improving vehicle quality, materials, and design, check out the 2011 Dodge Lineup press event linked below.

Also watch Sergio Marchionne on 60 Minutes...

 

[redriderbob]

Tavares Clashed with Stellantis Board Over Cost-Cutting Plan​

Former CEO’s Strategy of Focusing on Short-Term Savings Raised Concerns within the Company...​

Carlos Tavares, the former CEO of Stellantis, found himself at odds with the company’s board over his approach to revitalizing the struggling automaker. Sources close to the situation have revealed that Tavares, renowned for his leadership, focused primarily on cost-cutting efforts rather than pursuing a long-term strategy. This shift in priorities led to a growing rift between the CEO and Stellantis’ board, ultimately resulting in his sudden resignation.

Tavares Clashed with Stellantis Board Over Cost-Cutting Plan

Carlos Tavares, the former CEO of Stellantis, found himself at odds with the company's board over his approach to revitalizing the struggling automaker. Sources close to the situation have revealed that Tavares, renowned for his leadership, focused primarily on cost-cutting efforts rather than...

moparinsiders.com

 

[redriderbob]

 

[Mopar392]

Exactly. My point exactly. Thank you. And I got news for you boys, get ready because if the end wasn’t already here , it is now. Look at the members of the new interim executive committee. One native North American. No one, none, with any ties to Chrysler Dodge Jeep Ram legacy . Stell anus will keep Jeep around a few more years, I guess because it’s a “global” brand as we’ve been reminded here. Let me know how that sells to the home crowd. lol. Dodge will get this new charger and then what? Chrysler ? Done. Ram. Let me know how this massive investment in electric trucks goes while the 3/4 tons are allowed to go geriatric with no new investment. We’re a long way from Mopar now. Call it whatever you want. The jigs up. Has been for a while.

Some times, if you have a sounding and a product with a potential, you don’t need to reinvent the wheel.
The large, mid and frame politically renamed STLA platforms started development during Sergio era.
It would have turn greater than what they are now if the cheap Tavares did not choose to change into cheaper parts.
Yes the Hurricane engines were in development but Sergio understood the importance of the V8 which he had them under development.

One thing I’d take negative on Sergio is that he didn’t invest in small engines or the emerging compact crossovers.

The whole EV switch didn’t come into force until post Corona, if I’m correct.

 

[redriderbob]

Some times, if you have a sounding and a product with a potential, you don’t need to reinvent the wheel.
The large, mid and frame politically renamed STLA platforms started development during Sergio era.
It would have turn greater than what they are now if the cheap Tavares did not choose to change into cheaper parts.
Yes the Hurricane engines were in development but Sergio understood the importance of the V8 which he had them under development.

One thing I’d take negative on Sergio is that he didn’t invest in small engines or the emerging compact crossovers.

The whole EV switch didn’t come into force until post Corona, if I’m correct.

The Hurricane I-6, also known internally as the GME-T6, began production in 2013. It was designed to replace the 5.7-liter and 6.4-liter HEMI® V8 engines, a goal it has since achieved. Originally, the plan was to reserve supercharged V8 engines exclusively for SRT models. However, this strategy shifted in 2021 when Stellantis decided to reduce its reliance on purchasing emissions credits from Tesla. At the same time, government incentives to support electric vehicle (EV) production became a driving factor for the company’s transition to electrification.

Currently, the Windsor Assembly Plant faces production challenges. If the plant does not meet its daily manufacturing targets for the Dodge Charger Daytona EV by the end of the year, Stellantis risks losing some of the government incentives tied to EV production.

 

[TripleT]

Tavares Clashed with Stellantis Board Over Cost-Cutting Plan​

Former CEO’s Strategy of Focusing on Short-Term Savings Raised Concerns within the Company...​

View attachment 10473

Carlos Tavares, the former CEO of Stellantis, found himself at odds with the company’s board over his approach to revitalizing the struggling automaker. Sources close to the situation have revealed that Tavares, renowned for his leadership, focused primarily on cost-cutting efforts rather than pursuing a long-term strategy. This shift in priorities led to a growing rift between the CEO and Stellantis’ board, ultimately resulting in his sudden resignation.

Tavares Clashed with Stellantis Board Over Cost-Cutting Plan

Carlos Tavares, the former CEO of Stellantis, found himself at odds with the company's board over his approach to revitalizing the struggling automaker. Sources close to the situation have revealed that Tavares, renowned for his leadership, focused primarily on cost-cutting efforts rather than...

moparinsiders.com

Y'all think I called him Pepe LeCheapskate from bump for no reason?

 

[WXman]

And again I ask, show me a model HE developed that was a market success, not a left over Daimler. Everything you mentioned was already in the portfolio and for sale when he came on board. What did we get from him that was a MARKET SUCCESS. He made money. Good on him. After the government handed it to him.

Daimler left a bunch of rubbermaid interior junk.

This ^^^.

2000s Chrysler vehicles were ugly as sin. Bug eyed, weird edges, nasty interiors, just ugly. Americans don't want ugly. The exterior and interior design updates we saw during the 2010s were HUGE in terms of popularity and sales. They did such an amazing job on the new body design for Charger, Grand Cherokee, and Ram 1500. Just an amazing turn-around. By the early 2020s Ram was selling more trucks than the Chevy brand. That hadn't happened in my life and may never happen again.