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Stellantis CEO Carlos Tavares Resigns

File photo - Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, John Elkann, Stellantis Chairman, and Carlos Tavares, CEO of Stellantis, attend the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau-Douvrin, northern France, May 30, 2023. 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 Raphael Lafargue/ABACAPRESS.COM

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Stellantis CEO Carlos Tavares Resigns

File photo - Yann Vincent, CEO of ACC, Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, John Elkann, Stellantis Chairman, and Carlos Tavares, CEO of Stellantis, attend the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau-Douvrin, northern France, May 30, 2023. 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 Raphael Lafargue/ABACAPRESS.COM

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German businesses confident about Chinese market prospects

STORY: German businesses confident about Chinese market prospects SHOOTING TIME: April 14, 2024 DATELINE: April 21, 2024 LENGTH: 00:00:58 LOCATION: CHONGQING, China CATEGORY: ECONOMY SHOTLIST: 1. various of Senior German executives' tour in Chongqing 2. SOUNDBITE 1 (English): OLA KALLENIUS, Chairman of Mercedes-Benz 3. SOUNDBITE 2 (English): OLIVER ZIPSE, Chief executive of BMW STORYLINE: Senior executives from more than 10 leading German companies recently paid a visit to southwest China's Chongqing. Some executives have expressed hope for further cooperation with the city. SOUNDBITE 1 (English): OLA KALLENIUS, Chairman of Mercedes-Benz "It's a lively city and it's also an industrial city. It's one of the economic engines in China. I'm really happy to be here. We have many dealer partners here in Chongqing and in fact some of them visited me in Stuttgart, in Germany this week. Absolutely Chongqing being one of the biggest industrial clusters in China. A lot of the industrial side supply bases here. We

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Inauguration of the ACC gigafactory - Billy-Berclau

French Minister for Energy Transition Agnes Pannier-Runacher, French Finance Minister Bruno Le Maire and Yann Vincent, CEO of ACC next to Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies unveil the inaugural plaque of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes during its inauguration in Billy-Berclau-Douvrin, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

French Finance Minister Bruno Le Maire and Yann Vincent, CEO of ACC next to Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies unveil the inaugural plaque of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes during its inauguration in Billy-Berclau-Douvrin, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

French Finance Minister Bruno Le Maire, Ola Kallenius, CEO of Mercedes-Benz at the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes during its inauguration in Billy-Berclau-Douvrin, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

French Finance Minister Bruno Le Maire and Yann Vincent, CEO of ACC next to Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies unveil the inaugural plaque of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes during its inauguration in Billy-Berclau-Douvrin, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

French Minister for Energy Transition Agnes Pannier-Runacher, French Finance Minister Bruno Le Maire and Yann Vincent, CEO of ACC next to Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies unveil the inaugural plaque of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes during its inauguration in Billy-Berclau-Douvrin, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

French Minister for Energy Transition Agnes Pannier-Runacher, French Finance Minister Bruno Le Maire and Yann Vincent, CEO of ACC next to Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies unveil the inaugural plaque of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes during its inauguration in Billy-Berclau-Douvrin, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Yann Vincent, CEO of ACC, Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, John Elkann, Stellantis Chairman, and Carlos Tavares, CEO of Stellantis, attend the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau-Douvrin, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, John Elkann, Stellantis Chairman, and Carlos Tavares, CEO of Stellantis, attend the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau-Douvrin, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, John Elkann, Stellantis Chairman, and Carlos Tavares, CEO of Stellantis, attend the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau-Douvrin, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Yann Vincent, CEO of ACC, Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, John Elkann, Stellantis Chairman, and Carlos Tavares, CEO of Stellantis, attend the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau-Douvrin, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz visits the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, during its inauguration in Billy-Berclau-Douvrin, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz visits the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, during its inauguration in Billy-Berclau-Douvrin, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

John Elkann, president of Stellantis, Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, and Carlos Tavares, CEO of Stellantis greets French Finance and Economy Minister Bruno Le Maire as he arrives at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

John Elkann, president of Stellantis, Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, and Carlos Tavares, CEO of Stellantis greets French Finance and Economy Minister Bruno Le Maire as he arrives at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

John Elkann, president of Stellantis, Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, and Carlos Tavares, CEO of Stellantis greets French Finance and Economy Minister Bruno Le Maire as he arrives at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

John Elkann, president of Stellantis, Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, and Carlos Tavares, CEO of Stellantis greets French Finance and Economy Minister Bruno Le Maire as he arrives at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

John Elkann, president of Stellantis, Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, and Carlos Tavares, CEO of Stellantis greets French Finance and Economy Minister Bruno Le Maire as he arrives at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

John Elkann, president of Stellantis, Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, and Carlos Tavares, CEO of Stellantis greets French Finance and Economy Minister Bruno Le Maire as he arrives at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

John Elkann president of Stellantis speaks with Ola Kallenius, CEO of Mercedes-Benz as they arrive at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

John Elkann president of Stellantis speaks with Ola Kallenius, CEO of Mercedes-Benz as they arrive at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

John Elkann, president of Stellantis, Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, and Carlos Tavares, CEO of Stellantis, arrive at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, arrive at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, and Carlos Tavares, CEO of Stellantis, arrive at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, and Carlos Tavares, CEO of Stellantis, arrive at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies arrive at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, and Carlos Tavares, CEO of Stellantis, arrive at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies arrive at the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Inauguration of the ACC gigafactory - Billy-Berclau

Yann Vincent, CEO of ACC, Ola Kallenius, CEO of Mercedes-Benz, Patrick Pouyanne, CEO of TotalEnergies, John Elkann, Stellantis Chairman, and Carlos Tavares, CEO of Stellantis, attend the inauguration of the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau-Douvrin, northern France, May 30, 2023. Photo by Raphael Lafargue/ABACAPRESS.COM

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Formula 1 Austrian GP 2021 - Spielberg

Ola Kallenius AD Mercedes AMG F1 Team, Formula 1 World championship 2021, Austrian GP 1-4 July 2021 , in Spielberg, Austria, on July 04, 2021. Photo by Federico Basile / IPA/ABACAPRESS.COM

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Formula 1 Austrian GP 2021 - Spielberg

Ola Kallenius AD Mercedes AMG F1 Team, Formula 1 World championship 2021, Austrian GP 1-4 July 2021 , in Spielberg, Austria, on July 04, 2021. Photo by Federico Basile / IPA/ABACAPRESS.COM