The selection process in the auto industry is progressing. Now it hits Carlos Tavares, who was CEO of the Stellantis Group until Sunday and therefore the master of Opel, Fiat and twelve other brands. He was shown the door with immediate effect. This means that Europe’s auto industry is losing one of its most prominent… Continue reading German FAZ: Darwinistic Competition008290
Tag: GM
German FAZ: There is no way around cuts in the VW Group008288
The crisis is worsening in the automotive industry. Many factories are underutilized and hundreds of thousands of employees fear for their jobs. The American manufacturer Ford has just announced that it will cut 4,000 jobs in Europe, many of them at the factory in Cologne. The mass manufacturer Stellantis is also under pressure. Opel, one… Continue reading German FAZ: There is no way around cuts in the VW Group008288
German Manager Magazine: Opel: Stellantis Group throttles production in Rüsselsheim 003792
The car manufacturer Opel has reduced production at its main plant in Rüsselsheim. This week, assembly of the compact car Astra and its sister model DS 4 will be completely suspended, a company spokesman said. That to Stellantis-Group companies are converting the Rüsselsheim plant to single-shift operation in consultation with the works council, which is… Continue reading German Manager Magazine: Opel: Stellantis Group throttles production in Rüsselsheim 003792
@Groupe PSA: PR Stellantis Organizational Announcement007701
AMSTERDAM – The process to appoint the new permanent Chief Executive Officer is well under way, managed by a Special Committee of the Board, and will be concluded within the first half of 2025. While the appointment of the new CEO is concluded the following organization is implemented with immediate effect. The Interim Executive Committee… Continue reading @Groupe PSA: PR Stellantis Organizational Announcement007701
@Groupe PSA: PR Board Accepts Carlos Tavares’ Resignation as Chief Executive Officer007700
AMSTERDAM – Stellantis N.V. (“Stellantis” or “the Company”) announces that the Company’s Board of Directors, under the Chairmanship of John Elkann, accepted Carlos Tavares’ resignation today from his role as Chief Executive Officer with immediate effect. The process to appoint the new permanent Chief Executive Officer is well under way, managed by a Special Committee… Continue reading @Groupe PSA: PR Board Accepts Carlos Tavares’ Resignation as Chief Executive Officer007700
German Handelsblatt: Opel parent: “Increasingly isolated” – This is behind the resignation of Stellantis boss Tavares010202
At the head of the second largest car company in Europe, Tavares ensured dream returns for a long time. Now he is experiencing a hard fall. The departure of the Stellantis boss had become apparent. Go to Source
German Handelsblatt: Opel parent: “Increasingly isolated” – What’s behind the resignation of Stellantis boss Tavares010201
At the head of the second largest car company in Europe, Tavares ensured dream returns for a long time. Now he is experiencing a hard fall. The departure of the Stellantis boss had become apparent. Go to Source
German Handelsblatt: Car manufacturer: Opel cuts production – only one shift in Rüsselsheim010199
The Hessian car manufacturer is suffering from a decline in sales in Europe. Now a model that previously worked well is apparently weakening. Go to Source
STELLANTIS. Resignation of Carlos Tavares: “he went from Messiah to banned”, “he was the most hated boss”
Stellantis announced on Sunday December 1, 2024 the resignation “with immediate effect” of Carlos Tavares, boss of the automobile group, whose successor will be appointed in the first half of 2025. Disagreements accelerated his departure. Reactions in Sochaux and Vesoul, two of the group’s French factories. The essentials of the day: our exclusive selection Every… Continue reading STELLANTIS. Resignation of Carlos Tavares: “he went from Messiah to banned”, “he was the most hated boss”
Europe’s embattled auto sector plans plant closures and layoffs
A slew of automotive companies have recently announced plant closures and big layoffs in Europe as they struggle with weak demand, high production costs, competition from Chinese rivals and slower-than-expected electric vehicle transition. Below are some of the companies which flagged layoffs and site closures announced in recent months: VALEO: French car parts supplier will… Continue reading Europe’s embattled auto sector plans plant closures and layoffs