The guy who did the extraordinary and stitched together 14 disparate car brands into a single company has announced his resignation.
Stellantis is facing its first major financial wobble since it was created in 2021 through the merger of the PSA Group (Peugeot-Citroën) and Fiat Chrysler Automobiles (FCA) but, even so, it’s hard to imagine the company without Carlos Tavares.
He had already decided to retire in early 2026, a decision made “after listening carefully to my wife and my kids”, but has already handed in his resignation and will leave the company with immediate effect.
