CEO Carlos Tavares has stepped down from his position.  In a Stellantis press release, the company said the Board of Directors accepted Tavares resignation, adding "in recent weeks different views have emerged which have resulted in the Board and the CEO coming to today's decision.

EDITORIAL. The CEO behind the successful merger of Fiat, PSA and Chrysler has stepped down, following a decision by Stellantis's Board of Directors. His mistake: Wanting to maintain the carmaker's profitability at all costs.