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Stellantis Leadership Changes
FILE - Stellantis CEO Carlos Tavares speaks during a news conference following a meeting with unions, March 31, 2022, in Turin, Italy. Tevares will retire in early 2026 and Chief Financial Officer Natalie Knight is stepping down as the world's fourth biggest automaker contends with ongoing sales difficulties in North America. (Fabio Ferrari/LaPresse via AP, File)

Stellantis CEO says carmaker is on pace to fix sales problems after poor performance this year

Stellantis is fixing its slowing U.S. sales at the right pace after fumbling a marketing plan earlier this year, CEO Carlos Tavares told reporters Monday

By TOM KRISHER
Published - Oct 14, 2024, 05:45 PM ET
Last Updated - Dec 16, 2024, 06:22 PM EST

DETROIT (AP) — Stellantis is fixing its slowing U.S. sales at the right pace after fumbling a marketing plan earlier this year, CEO Carlos Tavares told reporters Monday.

Tavares, who last week pushed out the carmaker's chief financial officer and the chief operating officers for both North America and Europe in a management restructuring, told reporters at the Paris Motor Show that he is responsible for the bad things that have happened at the company, but also for the good.

“If I don't want that responsibility I should do something else,” said Tavares, who reiterated that he plans to retire when his contract expires in 2026. The board last month confirmed that it's searching for a successor.

Tavares said he also should get credit for successfully merging the companies as well as making Peugeot and Opel profitable during the past decade.

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