Once one of the most respected executives in the auto industry, CEO Carlos Tavares is coming under withering fire from investors, dealers and employees as the company’s fortunes fade – especially in North America, its most profitable region. With his contract set to expire early next year, the automaker is considering whether it’s time for a management shake-up.
With North American sales and earnings on the slide, Stellantis faces a number of challenges that have already led to some major changes in upper management and layoffs on the factory floor. And CEO Carlos Tavares is under mounting pressure to find a fix, reports Headlight.News.
As it looks to potentially consolidate a list of 14 automotive brands, Stellantis could sell off its most exclusive, Maserati, due to weak sales, a senior official warned. That’s on top of several other brands which, Headlight.News reported last week, may be shuttered entirely.
Looking to build momentum for its latest – and now, all-electric – 500e, Fiat launches a special edition named for fashion legend Giorgio Armani. And it hints that it may bring a second new model to the U.S.: the Grande Panda crossover which debuted last month in both hybrid and all-electric form.
Stellantis faces challenges and has lost ground in the U.S. CEO Carlos Tavares acknowledged during Thursday’s “Investors Day” conference, putting some of the blame on his own shoulders. But the carmaker’s flexible strategy and new products offer hope for the future and protect the company’s profitability, he promised analysts and shareholders.
Fiat confirms that 500 hatchback will abandon its EV-only sales approach and will come with gasoline engines in an attempt to broaden its sales reach.
Stellantis Heritage celebrates 75 years of Abarth tradition with the wild Abarth 1300 OT. The latest iteration of the OT uses the axed Alfa Romeo 4C as a base to help produce an unforgettable tribute to Fiat’s performance sub-brand.
For the second time, Fiat is offering an electric version of its iconic Cinquecento. It’s far easier to justify purchasing given its longer range, while its price makes it somewhat affordable. Whereas buying an EV once meant settling for a Tesla of some kind, consumer...
Fiat rewards first wave of 500e owners with all-new BETA Club. Early adoption program rewards buyers with a special edition 500e and access to VIP events and other perks.
2024 Fiat 500e Inspired By series builds on Music and beauty with exclusive features, a state-of-the-art Level 2 ADAS system, and value focused pricing ladder.
Fiat recently reintroduced the cute-as-a-button 500e. The new model is ready for a second run in the U.S. and may be the jumping off point for a larger return of the brand to the minds of consumers. Headlight.News took a closer look at the newest EV coming to the market.
Geneva Motor Show-goers will get a first look this week at an array of new Fiat concept vehicles. A next-generation take on the long-running Fiat Panda, they’ll include a mix of products from microcompact city car to pickup. And they’ll use a new “multi-energy platform” capable of running on everything from gas to pure battery power, according to Fiat CEO Olivier Francois. But the concepts are more than fantasy in chrome, with production versions set to begin rolling out this coming summer.