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Stellantis CEO Carlos Tavares Steps Down Amid Profit Slump, Weak US Sales
Dec 1, 2024, 07:08 PM
Carlos Tavares, the CEO of Stellantis, is stepping down from his role at the company, which is known for manufacturing Jeep SUVs and Fiat cars. His resignation comes in the wake of slumping profits and weakened sales in the U.S. market. Tavares' departure is expected to be announced soon, according to sources.
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