The company, facing slumping sales, announced that Carlos Tavares would step down immediately and that a search for a new chief was underway.
Category: Stellantis NV
Stellantis to Lay Off Up to 2,450 at Ram Truck Plant in Warren, Michigan
The move is the latest sign of trouble for the trans-Atlantic automaker, which has had sluggish North American sales and has said it needs to cut costs.
U.A.W. Members at General Motors Ratify Contract
The United Automobile Workers union hopes the agreements with General Motors, Ford and Stellantis will help it make inroads at other companies.
G.M.’s Contract Deal With U.A.W. Faces Surprisingly Stiff Opposition
Many longstanding General Motors workers have been voting against the tentative accord, which they feel insufficiently improves retirement benefits.
U.A.W. Strikes Near an End After G.M. Reaches Tentative Deal
Tentative accords at Ford Motor, General Motors and Stellantis are the most generous in decades, raising costs as the industry shifts to electric vehicles.
Why U.A.W. President Shawn Fain Has Taken a Hard Line
Shawn Fain owes his rise within the United Automobile Workers to a group determined to make the union far more confrontational toward automakers.
U.A.W. and Ford Negotiators Reach Accord on Contract Terms
The deal, subject to approval by union members, could ease the way for deals with General Motors and Stellantis and end a growing wave of walkouts.
Amid Strikes, One Question: Are Employers Miscalculating?
UPS, the Hollywood studios and the Detroit automakers appear to have been taken aback by the tactics and tougher style adopted by new union leaders.
U.A.W. Will Expand Strikes at Ford and G.M.
The United Automobile Workers union said 7,000 more of its members would walk off the job two weeks after it began strikes at the Big Three automakers.
U.A.W. Widens Strikes at G.M. and Stellantis, but Cites Progress in Ford Talks
The union designated 38 spare parts distribution centers as additional strike targets at General Motors and Stellantis.