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

 

[BWS1]

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.

Agree , the North Americans did a good job guided by Giles in riding these old Daimler models for all they were worth. Good cars. Solid, beautiful cars with a sound design. I Own several now. I love them. But with the exception of the marginally successful Cherokee, I ask again , what NEW model did sm being to market that was a sales success? I’m still waiting on an answer.

 

[patfromigh]

One executive most likely won't be the next CEO, but he understands the challenges of globalization.

“There is no going global without being locally relevant.” Olivier Francois

 

[Mopar426]

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

They re-developed the core vehicles that sold. What were the sales of the lo-po tupperware 2010 challenger or charger versus, I dont know, a 2018 challenger or charger? They didnt need to introduce anything new. The products needed to be as good as they could be and Marchionne did that. Do I disagree with some of his decisions? Of course. Dodge should still be connected to the trucks and there should be a new RamCharger to do battle with Scout, Land Cruiser and Bronco. A new Dakota is also desperately needed and calling it Ram Dakota is just stupid

Imagine a new Dakota R/T with 420hp for an afforable price - maverick what?

 

[Mopar426]

Agree , the North Americans did a good job guided by Giles in riding these old Daimler models for all they were worth. Good cars. Solid, beautiful cars with a sound design. I Own several now. I love them. But with the exception of the marginally successful Cherokee, I ask again , what NEW model did sm being to market that was a sales success? I’m still waiting on an answer.

What were they supposed to add to the line up? They already had everything - this is an amateur hour argument you are trying to make

 

[BWS1]

What were they supposed to add to the line up? They already had everything - this is an amateur hour argument you are trying to make

They already had everything? Talk about amateur hour. So you’re going to argue that the Chrysler and Dodge brands were kept in fresh product through various segments they had participating through the SM years? They were both allowed to die on the vine!!! Jeep was the only brand kept relevant and even there the core product was bungled (Cherokee). Ram HD now exists on a 20 year old platform because money was shoveled to “boutique “ Italian brands that were sales Disasters across the board instead of reinvesting in American brands when it was needed. Keep in mind my argument here began because some chose to make asinine statements that Lee Iacocca was the reason we now have Tavares. I would argue SM positioned , even orchestrated this marriage. So those that chose to trample Iacocca’s grave for the umpteenth time really just need to lay the hell off. Lee
Was far from perfect for sure. But you can bet your ass we wouldn’t have had to worry about this argument in 2024 if he hadn’t come along and did a MASTERFUL job of saving the company in 1980.

 

[Danno20]

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.

Kind of like when Dahmer tried to run things?

 

[Bili]

This is all sort of game of thrones.

Based on what I've read from press it seems that French Unions in general are the only one which are clearly not happy with this decision.

But this was my opinion all along. Some choices were made to keep French supplier base and engineering in tact.

Now some things are back in the Italian hands and even American hands or ex FCA in general. We should be happy if it goes this way.

One important note.
As you know JP Imparato is new EMEA COO. His office and all governance will be at Turin/Torink HQ starting form January 1st 2025. It seems that it was in Paris till now.

 

[Jeeper1961]

Stellantis isn't the only company to lose it's way the last 5 years or so. Boeing and many others are having quality issues and are losing public trust. The company that I used to work for, which shall remain nameless, decided some years back that profits were more important than quality. We hired incompetent engineers, overstaffed projects with non-essential staff, stopped hiring and training younger employees, treated everyone as expendable, implemented sweeping DEI policies and monthly training sessions in an industry that was already extremely diverse for at least the last 25 years. We lost clients, projects, and worst of all, good employees. I couldn't wait to retire early and I did. It also became a foreign owned company whose new management didn't understand the NA market. It is a company that is still in decline. I worked there for almost 34 years and it is sad to see.
So when I see one of my favorite companies, the makers of my favorite car and truck brands, going thru some of the same issues, I know things can get turned around if they get the right people in charge. The company needs a dynamic new leader. One that can challenge, motivate and lift morale. He needs to set the bar high because we can't be satisfied with mediocre product and the American public won't buy it in this very competitive market.
I agree with the removal of Carlos Taveras as CEO because his strategy moving forward was cost cutting and slowing down the development of new product. While I do believe there should be some cost cutting, I think they need to look at management first and not the engineering department. With 14 brands under the Stellantis umbrella, maybe it is time to combine some brands or remove them altogether for the sake of the company survival and transfer the savings into product development and quality.

 

[TripleT]

Global industry is in a shambles at the moment Nissan and Jaguar at the top of the list, VW next, Ford in Europe. STLA is at middle level crisis mostly because it leader had very French and Cheapskate bias. Sort of Private Equity mentality.