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CEO Tavares’s Resignation Could Leave Struggling Stellantis Rudderless

CEO Tavares’s Resignation Could Leave Struggling Stellantis Rudderless

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.

CEO Carlos Tavares Tenders his Resignation as Problems Grow for Stellantis

CEO Carlos Tavares Tenders his Resignation as Problems Grow for Stellantis

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.

Job Cuts Growing as Automakers Fret About the Future

Job Cuts Growing as Automakers Fret About the Future

Automakers in the U.S., Europe and Japan have announced thousands of job cuts over the past month and there’s growing concern the pace could increase as the industry moves into an uncertain new year, with a new presidential administration in Washington threatening to upend automotive rules and regulations — and possibly the economy, as well. Check out the story at Headlight.News.

These Are the Fastest-Charging EVs – and the Slowest

These Are the Fastest-Charging EVs – and the Slowest

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.

Stellantis Announces Further Layoffs – as Job Cuts Sweep Across the Industry

Stellantis Announces Further Layoffs – as Job Cuts Sweep Across the Industry

Stellantis is cutting another 1,100 jobs, the latest furloughs impacting workers at the Toledo, Ohio plant producing Jeep products such as the Wrangler and Gladiator. The news comes at a time when other manufacturers, including Nissan and Audi, are paring back at a time of weakening sales.

Jeep Slashes Prices on Wagoneer, Grand Wagoneer to Counter Weak Demand

Jeep Slashes Prices on Wagoneer, Grand Wagoneer to Counter Weak Demand

Been eyeing one of the Jeep Wagoneer or Grand Wagoneer models but turned off by the high price tag? Then you’ll likely appreciate the automaker’s decision to slash prices by as much as $7,000 on new 2025 models – though you also can expect retailers to start offering good deals on leftover 2025 SUVs.