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Carlos Tavares pushed towards retirement: from the success to the failure of the giant Stellantis

The boss of Stellantis, the automobile giant with 14 brands (Peugeot, Citroën, Opel, Fiat, Jeep, among others), will not be reappointed at the helm beyond 2026. He has one year left to turn around a group that he led to the pinnacle of profitability before seeing it collapse…


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Journalist at the Planet pole

By Benoît July

Published on 11/10/2024 at 11:38
Reading time: 4 min


Carlos Tavares is one of those bosses who, more than others, embody their sector. The great helmsman of Stellantis, now slated to retire in January 2026 by decision of his board of directors, is not in fact just anyone in the automobile industry: at the head of a group of 14 brands, both in Europe as in the United States, it “represents” 6.2 million vehicles sold (in 2023), nearly 200 billion euros in turnover, and some 260,000 employees…

The man also embodies, and perhaps especially in the context of his upcoming retirement, the excesses and challenges of a group confronted, like others in Europe and the United States, with existential anxiety: how can we transform the electric revolution into an opportunity, and therefore without succumbing to it in the face of the Chinese surge?



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