Tavares resigns as CEO of Stellantis

Stellantis Group announced that the Stellantis Group's board of directors, chaired by John Elkann, accepted Carlos Tavares' request to resign as CEO of Stellantis Group on December 1, local time, and the resignation took effect immediately. John Elkann, chairman of the Stellantis Group, said: "We thank Carlos Tavares for his many years of loyal service and his role in creating the Stellantis Group and previously turning around the PSA Group and Opel brand, which put us on the path to becoming a global leader in the industry.