Stellantis CEO Carlos Tavares Resigns

Stellantis CEO Carlos Tavares Resigns

File photo - Stellantis General Manager Carlos Tavares poses next to the DS Techeetah Formula E model in Velizy, France on April 15, 2021. 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 Khanh Renaud/ABACAPRESS.COM

(SP)INDONESIA-JAKARTA-FORMULA E-JAKARTA E-PRIX-CEREMONY

(SP)INDONESIA-JAKARTA-FORMULA E-JAKARTA E-PRIX-CEREMONY

(220604) -- JAKARTA, June 4, 2022 (Xinhua) -- DS Techeetah's Jean Eric Vergne of France, Jaguar TCS Racing's Mitch Evans of New Zealand and Rockit Venturi Racing's Edoardo Mortara of Switzerland (L to R) attend the awarding ceremony of the ABB Formula E Championship JAKARTA E-Prix at the Jakarta International E-Prix Circuit (JIEC) in Jakarta, Indonesia, June 4, 2022. (Photo by Chicarito/Xinhua)

(SP)INDONESIA-JAKARTA-FORMULA E-JAKARTA E-PRIX

(SP)INDONESIA-JAKARTA-FORMULA E-JAKARTA E-PRIX

(220604) -- JAKARTA, June 4, 2022 (Xinhua) -- DS Techeetah's Jean Eric Vergne of France competes during the ABB Formula E Championship JAKARTA E-Prix at the Jakarta International E-Prix Circuit (JIEC) in Jakarta, Indonesia, June 4, 2022. (Xinhua/Agung Kuncahya B.)

(SP)INDONESIA-JAKARTA-FORMULA E-JAKARTA E-PRIX

(SP)INDONESIA-JAKARTA-FORMULA E-JAKARTA E-PRIX

(220604) -- JAKARTA, June 4, 2022 (Xinhua) -- DS Techeetah's Jean Eric Vergne (front) of France competes during the ABB Formula E Championship JAKARTA E-Prix at the Jakarta International E-Prix Circuit (JIEC) in Jakarta, Indonesia, June 4, 2022. (Xinhua/Agung Kuncahya B.)

(SP)INDONESIA-JAKARTA-FORMULA E-JAKARTA E PRIX-FREE PRACTICE

(SP)INDONESIA-JAKARTA-FORMULA E-JAKARTA E PRIX-FREE PRACTICE

(220604) -- JAKARTA, June 4, 2022 (Xinhua) -- DC Techeetah Jean's Eric Vergne of France (Below) and Dragon Penske Autosport's Antonio Giovinazzi of Italy compete during the ABB Formula-E Championship JAKARTA E-Prix Round Nine Free Practicing at the Jakarta International E-Prix Circuit (JIEC) in Jakarta, Indonesia, June 4, 2022. (Xinhua/Agung Kuncahya B.)

(SP)SAUDI ARABIA-RIYADH-FORMULA E-DIRIYAH E-PRIX

(SP)SAUDI ARABIA-RIYADH-FORMULA E-DIRIYAH E-PRIX

(220130) -- RIYADH, Jan. 30, 2022 (Xinhua) -- Antonio Felix da Costa of DS Techeetah competes in the second round of the ABB Formula-E World Championship DIRIYAH E-Prix, Riyadh, Saudi Arabia, Jan. 29, 2022. (Saudi Ministry of Media via Xinhua)