YOU WONT BELIEVE: 3 | Mind Blowing Facts

Ram CEO Tim Kuniskis: 'We're Getting Our Ass Kicked'

Ram is down by a whopping 24 percent in the United States through September. Things are so bad that the US Stellantis National Dealer Council sent an open letter to former CEO Carlos Tavares in September, blaming him for the "disaster" and "rapid degradation" of the American brands. But Tavares…

Motor1 · Dec 11, 2024

'Everybody Wanted to Keep the Hemi' Except Stellantis Ex-CEO Tavares, Sources Say

Carlos Tavares is gone as Stellantis' CEO, and in the aftermath of his resignation, a number of company insiders have come forward to provide an autopsy on his time as chief executive. It's not pretty, but one part of the saga is particularly jarring. “Everybody wanted to keep [Hemi],” a source…

Motor1 · Dec 10, 2024

Return of the King: Tim Kuniskis Is Back as Ram CEO

Retiring just months ago, Tim Kuniskis was the Fiat-Chrysler executive behind Dodge's meteoric rise as a performance brand between 2014 and 2023. With Stellantis in turmoil, he has now returned. Following the resignation of the conglomerate's CEO, Carlos Tavares, Kuniskis is back as the head of Ram Trucks, which he…

Motor1 · Dec 9, 2024

Volkswagen workers stage mass protest across Germany

Volkswagen employee representatives say workers should not bear the brunt of management’s failure to produce appealing products

The Independent UK · Dec 2, 2024

Stock Of The Day: Stellantis Faces Uncertainty, But Could Support Trigger A Rally?

Stellantis N.V. (STLA) are trading lower after the CEO resigned. They are getting close to a support level. Technical traders sense profits.

Benzinga · Dec 2, 2024

Stellantis’s Carlos Tavares: the hard-driving boss ejected from global carmaker

Firm rejects ruthless approach of former chief executive known for pushing for bigger profits

The Guardian - UK · Dec 2, 2024

Stellantis' Market Value Halves In 2024: Why CEO Tavares' Exit Could Take Things From Bad To Worse

Stellantis struggles in 2024, with stock down 47%, CEO Carlos Tavares' unexpected resignation and challenges in EV sales and competition. Analysts warn of leadership uncertainty and internal/external pressures.

Benzinga · Dec 2, 2024

FTSE 100 finishes in the green after hitting one-month high

The index rose after news of a jump in house prices in November, before falling back later in the day.

Evening Standard · Dec 2, 2024

Stellantis Says Goodbye To 'Performance Psychopath' CEO

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.

International Business Times · Dec 2, 2024

US commits to $7.54 billion loan for Stellantis venture to build 2 electric vehicle battery plants

A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. Energy Department for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Indiana

The Independent UK · Dec 2, 2024