Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping sales
Stellantis CEO Carlos Tavares is resigning after nearly four years. The company, which includes brands like Jeep and Citroen, is currently struggling with slumping sales and rising competition. An interim executive committee will lead the company while it searches for a new CEO. The UAW welcomes his resignation due to strained relations and contentious cost-cutting measures.