Fiat

Stellantis Faces Ownership Crisis, Not Leadership Issues: Insights from Italy's Salvini

20 days ago

In a recent statement that has ignited discussions in the automotive industry, Italian Deputy Prime Minister Matteo Salvini emphasized that Stellantis, the multinational automotive manufacturer formed from the merger of Fiat Chrysler and PSA Group, is grappling with deeper ownership challenges rather than merely leadership issues. Salvini’s comments come at a time when Stellantis is under scrutiny for its operational performance and strategic direction.

Stellantis in Crisis Mode Following CEO Carlos Tavares' Sudden Exit

21 days ago

In a shocking move that has rattled the automotive industry, Stellantis, the parent company of Fiat, has found itself in a precarious situation after the unexpected departure of its CEO, Carlos Tavares. This decision has sent shockwaves through the company, leading executives to trigger what they describe as a “survival mode” for the organization, as they scramble to adapt to a rapidly changing market landscape and regain stability.

Stellantis CEO Carlos Tavares Poised for Exit: What This Means for the Auto Industry

22 days ago

In a significant development within the automotive sector, Carlos Tavares, the CEO of Stellantis, is reportedly preparing to step down from his leadership role. Tavares, who has been at the helm of the multinational automotive manufacturer since its formation in 2021, has drawn attention for steering the company's diverse portfolio, which includes iconic brands like Jeep, Fiat, and Chrysler.

Stellantis Cuts Car Production in Italy Amid Ongoing Electric Vehicle Market Challenges

26 days ago

In a significant move reflecting the state of the electric vehicle (EV) market, Stellantis has announced further reductions in its car production in Italy. The automaker, formed from the merger of Fiat Chrysler and Peugeot maker PSA Group, is grappling with a slump in EV demand that has compelled it to adjust its manufacturing strategies. This continued output cut highlights the industry's ongoing struggle to balance production levels with shifting consumer preferences and market dynamics.