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2025 Turin Car Show - Italy

CITROËN C5 Aircross at the Turin Car Show 2025 (Salone Auto Torino) during the Turin Motor Show 2025 at Piazza Castello on September 27, 2025 in Turin, Italy. Photo by Marco Destefanis/IPA/ABACAPRESS.COM

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Stellantis CEO Carlos Tavares Resigns

File photo - Carlos Tavares, Chief Executive Officer of Stellantis, poses in front of a Citroen C5 Aircross concept car on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. Stellantis Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around 40% of its value this year. The company said it would seek to find a replacement CEO in the first half of 2025. Senior Independent Director Henri de Castries said in a statement that different views emerged in recent weeks among major shareholders, the board and Tavares resulting in the CEO's resignation. Photo by Eliot Blondet / ABACAPRESS.COM

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Illustrations From Paris Auto Show 2024 - France

Citroen C5 Aircross concept car on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024..Photo by Eliot Blondet / ABACAPRESS.COM

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Illustrations From Paris Auto Show 2024 - France

Citroen C5 Aircross concept car on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024..Photo by Eliot Blondet / ABACAPRESS.COM

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Illustrations From Paris Auto Show 2024 - France

Citroen C5 Aircross concept car on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024..Photo by Eliot Blondet / ABACAPRESS.COM

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Illustrations From Paris Auto Show 2024 - France

Citroen C5 Aircross concept car on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024..Photo by Eliot Blondet / ABACAPRESS.COM

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Carlos Tavares in Paris Auto Show - France

Carlos Tavares, Chief Executive Officer of Stellantis, poses in front of a Citroen C5 Aircross concept car on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. Photo by Eliot Blondet / ABACAPRESS.COM

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Carlos Tavares in Paris Auto Show - France

Citroen brand CEO Thierry Koskas and Carlos Tavares, Chief Executive Officer of Stellantis, pose in front of a Citroen C5 Aircross concept car on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024.Photo by Eliot Blondet / ABACAPRESS.COM

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Carlos Tavares in Paris Auto Show - France

Citroen brand CEO Thierry Koskas and Carlos Tavares, Chief Executive Officer of Stellantis, pose in front of a Citroen C5 Aircross concept car on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024.Photo by Eliot Blondet / ABACAPRESS.COM

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Carlos Tavares in Paris Auto Show - France

Carlos Tavares, Chief Executive Officer of Stellantis, poses in front of a Citroen C5 Aircross concept car on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. Photo by Eliot Blondet / ABACAPRESS.COM

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Carlos Tavares in Paris Auto Show - France

Citroen brand CEO Thierry Koskas and Carlos Tavares, Chief Executive Officer of Stellantis, pose in front of a Citroen C5 Aircross concept car on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024.Photo by Eliot Blondet / ABACAPRESS.COM

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Carlos Tavares in Paris Auto Show - France

Carlos Tavares, Chief Executive Officer of Stellantis, poses in front of a Citroen C5 Aircross concept car on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. Photo by Eliot Blondet / ABACAPRESS.COM

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Carlos Tavares in Paris Auto Show - France

Citroen brand CEO Thierry Koskas and Carlos Tavares, Chief Executive Officer of Stellantis, pose in front of a Citroen C5 Aircross concept car on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024.Photo by Eliot Blondet / ABACAPRESS.COM

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Carlos Tavares in Paris Auto Show - France

Carlos Tavares, Chief Executive Officer of Stellantis, poses in front of a Citroen C5 Aircross concept car on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. Photo by Eliot Blondet / ABACAPRESS.COM

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Carlos Tavares in Paris Auto Show - France

Carlos Tavares, Chief Executive Officer of Stellantis, poses in front of a Citroen C5 Aircross concept car on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. Photo by Eliot Blondet / ABACAPRESS.COM