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International Business Times
International Business Times
Business
Taimaz SZIRNIKS

BIZARRE: Stellantis says goodbye to performance psychopath ceo - You Need To See This

Stellantis Carlos Tavares Matthias Schmidt Citroen FIAT Jeep
Carlos Tavares drove profits for years by cutting costs but the strategy recently failed for him at Stellantis (Credit: AFP)

Carlos Tavares, a self-proclaimed "performance psychopath" who drove auto giant Stellantis with aggressive cost-cutting and high car prices, reached the end of the road as CEO when his strategy hit a dead end.

Tavares engineered one of the most ambitious mergers in automotive history in 2021 when more than a dozen brands, including Jeep, Fiat, Chrysler, Peugeot and Citroen, were put under the same roof.

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