Stellantis CEO Carlos Tavares lost control of the automaker with 'arrogant' mistakes, sources say
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Stellantis, the fourth-largest automaker globally, faced criticism for mismanagement under former CEO Carlos Tavares, who focused excessively on short-term costs and profits, affecting the company's U.S. operations and product quality.
December 10, 2024 | 11:15 am
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Stellantis faced criticism for mismanagement under former CEO Carlos Tavares, focusing too much on short-term costs and profits, which negatively impacted U.S. operations and product quality.
The article highlights significant mismanagement issues under former CEO Carlos Tavares, focusing on short-term financials at the expense of product quality and U.S. operations. This could lead to negative investor sentiment and a potential short-term decline in Stellantis' stock price.
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