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ID: 54351672 Video

Headline: Stellantis CEO Departs Following Leadership Clash

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Carlos Tavares, the CEO of Stellantis, has resigned effective immediately after a disagreement with the board. Stellantis, which owns major brands like Vauxhall, Fiat, and Jeep had recently issued a profit warning and announced the closure of its Vauxhall van factory in Luton, putting 1,100 jobs at risk.

Keywords: Motoring,Carlos Tavares,CEO,Stellantis,resigned,effective immediately,clash,boardroom,disagreement,board,owns,major,brands,Vauxhall,Fiat,Jeep,factory,Luton,jobs,risk,announced,closure,Henri de Castries,senior director,differences,cost-cutting,strategies,PSA Group,revitalized,businessman

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