Major Leadership Changes at Stellantis Following Carlos Tavares' Departure

In a significant shift within Stellantis, the automotive giant has announced that several senior managers will be stepping down as part of a broader restructuring strategy that follows the exit of former CEO Carlos Tavares. This move signals a new chapter for the company as it seeks to adapt to evolving market demands and internal dynamics.

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Honda Contemplates Changes to EV Strategy as Demand Slows

In a surprising move, Honda has signaled a potential shift in its electric vehicle (EV) strategy, acknowledging the current slowdown in demand for electric vehicles. The automotive giant has stated that it is open to revisiting its plans and exploring alternative approaches to enhance its presence in the EV market. This admission comes amid a broader industry trend where several manufacturers are grappling with the challenges of declining EV sales.

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