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 PSA Peugeot–Citroën and FCA Fiat Chrysler 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.