Core Viewpoint - Stellantis CEO Carlos Tavares has left the company effective immediately, a decision influenced by differing views between him and the board amid a stock slump [1][2][3] Group 1: Leadership Changes - Tavares' resignation was accepted by Stellantis' board of directors, who thanked him for his service and cited "different views" as the main reason for his departure [2] - Tavares had been CEO since the formation of Stellantis in 2021, following the merger of PSA Group and Fiat Chrysler Automobiles [3] - Despite previous unanimous support from the board for Tavares, recent weeks saw emerging differences that led to the decision for his immediate exit [3] Group 2: Company Performance - Stellantis has experienced a significant decline in profits and stock value this year, contributing to the leadership change [3]

Key TakeawaysStruggling automaker Stellantis on Sunday announced it had accepted the resignation of CEO Carlos Tavares.The move is effective immediately, the Jeep and Chrysler parent said.Stellantis said a process to name a permanent CEO "is well under way" and "will be concluded within the first half of 2025." The company will be led in the meantime by an interim executive committee headed by board chair John Elkann. Struggling Jeep and Chrysler parent Stellantis (STLA) on Sunday announced it had accepted ...

Board Accepts Carlos Tavares’ Resignation as Chief Executive Officer Creation of Interim Executive Committee to be chaired by John ElkannNew CEO will be appointed in the first half of 2025Full year 2024 financial guidance confirmed AMSTERDAM, December 1, 2024 – Stellantis N.V. (“Stellantis” or “the Company”) announces that the Company’s Board of Directors, under the Chairmanship of John Elkann, accepted Carlos Tavares’ resignation today from his role as Chief Executive Officer with immediate effect. The p ...

Stellantis N.V. (STLA) has introduced the STLA Frame platform, a battery electric vehicle (BEV)-native, multi-energy architecture designed for full-size body-on-frame pickup trucks and SUVs, a crucial segment in North America and key global markets. Engineered to meet the demands for power, durability and practicality, the platform offers a BEV range of up to 500 miles and a range-extended electric vehicle (REEV) capability of 690 miles. It boasts a maximum towing capacity of 14,000 pounds, a payload rating ...

Core Insights - The Ram brand has launched a new marketing campaign titled "Wiser," featuring football star J.J. Watt and highlighting his JJ Watt Foundation, which supports after-school athletic programs for middle school students across the U.S. [1][2][4] Marketing Campaign - "Wiser" is part of the ongoing "The Calling" campaign and promotes the new 2025 Ram 1500 Limited equipped with the High-Output 3.0L Hurricane engine [2][3] - The campaign is being disseminated through various channels, including broadcast, digital platforms, and social media [3] JJ Watt Foundation - The JJ Watt Foundation has raised over $6.9 million to fund after-school athletic programs for 6th-8th grade students [4] - The foundation aims to provide opportunities for middle school children to engage in athletics, fostering character traits such as accountability, teamwork, and leadership [6] Brand Positioning - Ram's marketing emphasizes its commitment to serving communities and highlights the brand's award-winning lineup of trucks, including the Ram 1500, 2500/3500, and ProMaster van [3][7] - The Ram brand has established itself as a leader in the truck market, known for its high torque, luxury features, and customer loyalty [8]

AUBURN HILLS, Mich., Nov. 20, 2024 /PRNewswire/ --  Family adventures are calling, and the Chrysler Pacifica is ready to deliver, giving even more reason to pack up and head out on the next fun-filled journey with the introduction of the 2025 Chrysler Pacifica Family Adventure Vehicle (FAV) Edition. New 2025 Chrysler Pacifica Family Adventure Vehicle (FAV) Edition enhances family journeys with unique, versatile content Chrysler Pacifica FAV Edition has best-in-class standard overall cargo volume with ...

Stellantis' Ram 1500 Revolution battery-electric concept pickup truck is introduced during a keynote address by Stellantis CEO Carlos Tavaras during CES 2023 at The Venetian Resort Las Vegas on January 05, 2023 in Las Vegas, Nevada.DETROIT — Stellantis is delaying the launch of its Ram electric pickup trucks from this year until the first half of 2025, as the transatlantic automaker continues testing the vehicles.CEO Carlos Tavares on Tuesday declined to disclose details regarding what caused the delays as ...

Stellantis Launches Third All-New, Multi-energy Platform:  STLA Frame Offers Best-in-Class 690-Mile Electrified Range or 500-Mile BEV Range, Towing and Payload Designed for full-size, body-on-frame trucks and SUVs, STLA Frame is versatile: supports internal combustion, hybrid, hydrogen, battery electric (BEV) and range-extender electric vehicle (REEV) technologiesThe scalable STLA Frame is targeted to deliver best-in-class capabilities, including up to 690 mile/1,100 km of range with REEV and 500 mile/800k ...

AUBURN HILLS, Mich., Nov. 13, 2024 /PRNewswire/ -- All-new Jeep® Wagoneer S and Ram 1500 Ramcharger named in Newsweek's first America's Most Anticipated New Vehicles for 2025  Winners chosen based on industry impact, market significance, brand importance and "cool factor"  The all-new Jeep® Wagoneer S and Ram 1500 Ramcharger have been named "America's Most Anticipated New Vehicles" for 2025 by Newsweek. The inaugural awards program celebrates 25 vehicles that are new to the market and represent a diver ...

Stellantis is indefinitely laying off more than 1,000 employees at its Jeep assembly plant in Ohio as the automaker significantly reduces its inventory levels to match demand.  Stellantis, the parent company of Chrysler, Jeep, Dodge and Ram, issued Worker Adjustment and Retraining Notification (WARN) notices to the respective state and local governments as well as the United Auto Workers union.The 1,100 layoffs at the Toledo South Assembly Plant will be effective as early as Jan. 5, 2025.  Stellanis said th ...