Dodge brand boss Tim Kuniskis has returned to Stellantis after retiring in June. He’ll take charge of Ram, the automaker announced Monday. It’s just one of the first steps in what could be a much broader management shake-up to follow the unexpected resignation of Stellantis CEO Carlos Tavares earlier this month.
With CEO Carlos Tavares resigning “with immediate effect,” and no successor in sight, Stellantis could face even more trouble trying to resolve the problems that saw its sales, earnings — and stock price tumble so far this year. The lack of a chief executive officer also comes at a time when the Euro-American automaker is set to launch an assortment of critical new products, including the first all-electric Jeep and Ram models aimed at the U.S. market.
Stellantis CEO Carlos Tavares resigned unexpectedly on Sunday, the automaker saying “different views have emerged” in recent weeks as the Euro-American automaker struggled to come up with a way to reverse weakened sales and earnings. No immediate successor was named, though it appears that the automaker’s Chairman John Elkann effectively will take control until a replacement is named. This is a breaking story. Headlight.News will have a longer analysis shortly.
The 2024 LA Auto Show is now being turned over to the public, but not before scores of new vehicles — ICE and electric — made their debut in the City of Angels. Headlight.News went to Los Angeles to ensure we had the latest news from this year’s event. Check out the stories.
Fiat taps iconic fashion brand Giorgio Armani to create special edition 500e Fiat has always been known for being in touch with fashion and style trends with recent collaborations with Italian design houses for some of its special edition models being a small sample...
There’s no question EVs offer a number of advantages, including low energy costs and the ability to plug in at home. But what about when you need to charge up on the road? The good news is that there are more public chargers being added every day. The downside: you might be in for a long wait when you plug in, depending on what EV you’re driving. Automakers are upgrading their battery vehicles to improve charging speeds and here’s a look at the models that will add miles the fastest – as well as the slowest.
The Paris Motor Show has traditionally been a big event for European automakers and, in some ways, it could prove even more important this year, as Western manufacturers roll out new products designed to hold back increasingly aggressive Chinese competitors. Headlight.News looks at some of the most important products set to debut in the City of Lights this coming week.
Stellantis continues to endure woes as the company confirms it has stopped production of the Fiat 500 due to low consumer demand with production not set to resume until November.
Stellantis announces massive expansion of discount programs as the company attempts to get rid of a growing overflow of inventory to free up room for future products while also continuing to navigate rough waters. Stellantis has had a rough 2024 so far with the...
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.