120 new news items in the last 24 hours

Stellantis shares fell sharply after the unexpected resignation of CEO Carlos Tavares.

Raluca Ioana Draghici

2 December 2024, 16:00

main event image

Current Affairs

Shutterstock/ MikeDotta

google-preference

Always see our news on Google

The resignation of Carlos Tavares led to an 8.47% fall in Stellantis shares on the Milan stock exchange. The decision was prompted by divergent opinions that had emerged in recent weeks. They led to the unanimous resignation of the board of directors. The process to appoint a new permanent CEO is ongoing and will be finalized in the first half of 2025.

Sources

Acțiunile Stellantis, la minimul ultimilor 2 ani după plecarea lui Tavares

Acțiunile Stellantis, la minimul ultimilor 2 ani după plecarea lui Tavares

Latest News

18:17

David Popovici has called on the authorities to resolve the financial arrears towards Romanian athletes: "A responsibility that must be taken seriously by the Romanian state"

18:17

France cannot prohibit all children under 15 from accessing social networks, rules the Constitutional Council

18:13

Explanations from Romsilva after the ANAP report regarding the conduct of 371 procurement procedures without publication in 2025

18:09

AUR requests the resignation of the mayor of Timișoara following the CCR decision regarding integrity

18:06

Sorin Grindeanu, about the meeting between Ilie Bolojan and Simina Tănăsescu: "The fact that they met raises questions and it would be very good for these matters to be clarified."

See more news

NEWS ON THE SAME TOPICS

International

Stellantis launches a recovery plan worth 60 billion euros to return to profitability by 2027

Economy

Stellantis recalls 1.3 million cars globally due to an electrical issue that may cause fires.

International

Ferrari's sales decline after the launch of the electric model Luce, the first in the company's history.

Economy

BMW's sales have decreased by over 6%, reaching the lowest level in the last five years, after the company lowered its financial forecasts for 2026.

Economy

Porsche lays off 5,000 employees in Germany to reduce costs

International

The CEO of Volkswagen announced a major reorganization of the group, including possible layoffs of up to 120,000 employees.

Personalized news feed, AI-powered search, and notifications in a more interactive experience.

Stellantis car market Carlos Tavares resignation Milan Stock Exchange actions

Personalized news feed, AI-powered search, and notifications in a more interactive experience.

app preview

google play badge