Carlos Tavares has resigned as CEO of Stellantis after disagreements with the board of directors. The company, which owns Jeep and Dodge, announced the news on Sunday, adding that Chairman John Elkann will lead an interim team while they search for a new CEO.

The resignation comes during a tough time for Stellantis. The company is dealing with falling sales, struggles in the U.S. market, and a 43% drop in its stock this year. Critics have blamed outdated car models and aggressive cost-cutting for many of the challenges.

Despite the setbacks, Stellantis says it is focused on turning things around. The company plans to name a new CEO by mid-2025 as it works to steady operations and rebuild confidence.

Stellantis Chief Executive Carlos Tavares resigned two months after a profit warning shaved off 40% of the carmaker’s value https://t.co/46eMdo2xdt pic.twitter.com/zutMvVNnG5
— Reuters Business (@ReutersBiz) December 2, 2024

The Most Popular Books of 2025 So Far

Explore the best books of 2025 so far, from gripping fiction to revealing nonfiction. These standout titles include some of the most popular books of 2025 and the best books published in 2025. Dive into our top picks today!

Sep 17, 2025

Dana Nemirovsky

5 min read

Best Movie Adaptations Of Books Coming In 2025 And Early 2026

From gothic classics to bestselling thrillers and prestige dramas, here are the best movie adaptations of books coming out in 2025 and early 2026—with dates, casts, and all the reasons why readers and film fans should be excited.

Sep 16, 2025

Dana Nemirovsky

6 min read

Highest-Grossing Movies Of 2025: The 10 Films That Made The Most Money

See the definitive top 10 highest-grossing movies of 2025 worldwide, with accurate grosses, domestic/international splits, and why each film won the box office.

Sep 16, 2025

Dana Nemirovsky

6 min read

Meta Reels Trending Ads Tool: A Guide To The New Meta Tools

Meta has rolled out Reels trending ads globally and introduced fresh ad formats and targeting updates. Here’s a step-by-step guide to understanding the changes and how your brand can use them effectively.

Sep 16, 2025

Dana Nemirovsky

4 min read

Best Women’s Shoes For Fall 2025: Our Top 10 Picks

The best shoe trends for fall 2025 are practical and chic. From clogs and Mary Janes to Chelsea and tall boots, these are the best shoes for the fall with real-world fit notes, styling ideas, and care tips.

Sep 15, 2025

Dana Nemirovsky

4 min read

iPhone 17 lineup explained: Specs, price, release dates, and upgrades

Apple’s iPhone 17 lineup is here, featuring the ultra-thin iPhone Air and redesigned Pro. Discover specs, prices, release dates, iOS 26, and key upgrades vs iPhone 16.

Sep 9, 2025

Hamoun Ani

12 min read