Carlos Tavares will retire in January 2026, paving the way for his successor at Stellantis.
It’s no secret in the trade that things haven't been going well for Stellantis for some time now. And over the past few weeks, one man in particular has been singled out for the company's woes: CEO Carlos Tavares.
The situation for Stellantis is particularly difficult in the U.S., to the extent that the country's National Stellantis Dealer Council has warned the company that it faces disaster. Declining sales, an uncertain electric gamble for brands that have hitherto sold emotion with V8 engines, and substantial financial losses are creating strong headwinds.
Carlos Tavares and John Elkann, in 2021 | Photo: Stellantis A few weeks ago came serious reports that the process leading to the appointment of a replacement has already begun. It is being conducted by a special committee of the board of directors, which is chaired by John Elkann, also Ferrari's chairman.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stellantis CEO Carlos Tavares to step down in 2026The news behind the retirement of Carlos Tavares from his position as CEO of Stellantis in early 2026 – one of the world's biggest car industry bosses
Read more »
Stellantis CEO Carlos Tavares to retire in 2026 as automaker struggles in North AmericaStellantis CEO Carlos Tavares to retire in 2026 as automaker struggles in North America
Read more »
Stellantis confirms CEO Carlos Tavares leaving in 2026Carlos Tavares plans to retire after his current contract at Stellantis expires in early 2026.
Read more »
Stellantis CEO Carlos Tavares Out In 2026 Amid Massive Executive OverhaulProfits at Stellantis plunged during the first half of the year and Tavares has faced backlash from both European and US dealers
Read more »
Stellantis boss Tavares to step down in 2026Car giant launches major management shake-up in bid to reinvigorate performance
Read more »
Stellantis’ CEO promises to leave in 2026 after mostly making a mess of thingsStellantis CEO Carlos Tavares will retire in 2026. Stellantis is accused of degrading its US brands Jeep, Dodge, Ram, and Chrysler and has cut its profit forecast.
Read more »