Carlos Tavares, boss of Stellantis (PSA – Fiat Chrysler Automobiles), pushed towards the exit. The group puts forward a divergence of points of view with its CEO. But how can we explain this decision when the automobile group recorded 16 billion euros in profit in 2023, a record. In 2024, the results remain positive but less good.
“The shareholders will receive a little less, they are crying with their mouths full”declares a union delegate. In addition to the 2024 results, shareholders point to the drop in sales on the North American market and the reliability of the vehicles produced. Arriving in 2014 at the head of the PSA group (Peugeot-Citroën) in crisis, Carlos Tavares raised the bar and bought Opel. In 2021, he created Stellantis following the merger of PSA and Fiat Chrysler. The group’s next CEO will be appointed in early 2025.
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