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Iconic CEO of Stellantis, Carlos Tavares resigned from his position on December 1. Less than 24 hours after this announcement, the CGT is not mourning his departure. It takes stock of a mandate in the hands of shareholders.
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“It was a surprise, we learned about it last night in the press”, on the morning of December 2, 2024, Fabrice Jamart is still digesting the news. The day before, the central CGT union delegate from Stellantis learned of the departure of its CEO, Carlos Tavares.
At the head of the car manufacturer group since 2014, the latter would have been pushed towards the exit, due to “the stock market results” continues the unionist. Disillusioned, on behalf of the CGT, he reacted: “for us, this is neither good nor bad news, because we know that his successor will carry the same policy.”
Stellantis is the result of the merger of PSA (Peugeot SA) and FCA (Fiat Chrysler automobiles). • © VINCENT ISORE / MAXPPP
On this “policy” of Carlos Tavares, he does not mince his words in describing a situation of “job loss”. “With nearly 150,000 jobs lost, his results are positive for shareholders, but not for employees. He imposed hellish pace, we had many fewer rights, wages fell.”
Douvrin, Valenciennes, Hordain… Stellantis is established in many locations in the North. In the department, “thousands of jobs have been lost, and a threat hangs over the Hordain factory with the creation of a production site in Turkey” adds the union delegate.
In the leaflets communicated by the CGT Stellantis, the criticism concerning the influence of shareholders on the policies of Carlos Tavares is omnipresent. They speak of a departure “to reassure the financial markets”, and that in the end, “no employee will regret it”.
A few hours after the announcement of his departure, it is still difficult to know the name of the future successor. However, “we have nothing to expect from the interim management or its future replacement… (…) to make more and more profitability on the backs of the workers to continue to enrich the shareholders.”
We have nothing to expect from the interim leadership or its future replacement.
CGT Stellantis
Press release
Virulent, these criticisms are part of a difficult year for Stellantis after the Puretech engine scandal. “When we only want to make a profit, we neglect the quality of the product,” denounces Fabrice Jamart, “it gives bad publicity to customers when we produce vehicles that break after a few months.”
► Read also: Defective Puretech Stellantis engines: public meeting in Roubaix
While Michelin and Volkswagen are also experiencing difficulties, the entire automobile market in Europe is in crisis. “Car manufacturers and industrialists are waging war to carve out market share and reap the most profits,” criticizes the CGT press release. According to the latest information from Franceinfo, Carlos Tavares leaves Stellantis with a check “in tens of millions of euros”.
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