Stellantis CEO, as officially confirmed by the parent company today Carlos Tavares retire in 2026 will be.
Carlos Tavares, who has been exposed to a lot of criticism lately and some of his decisions have not been well received, will leave his position as CEO of Stellantis, which has more than one automobile giant under its roof, at the beginning of 2026. Tavares became CEO of Groupe PSA in 2014 and played an important role in the birth of Stellantis, that is, the merger between PSA and Fiat Chrysler Automobiles. Stellantis announced other management changes today. Jeep CEO Antonio Filosa, for example, was appointed North American operations manager. Uwe Hochgeschurtz was replaced by Jean-Philippe Imparato as European operations manager. In addition, it was reported that business manager Natalie King will leave and will be replaced by Doug Ostermann, who previously served as the business manager of Stellantis China. In addition, it was announced that Maserati CEO Davide Grasso will leave his post and will be replaced by Santo Ficili as the new CEO of Maserati and Alfa Romeo.
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Stellantis was an important investment on our agenda before this. The company made an additional investment of $55 million in Archer, one of the names working on new generation aircraft. Stellantis stated the following about its new investment: “Stelntis, one of the world’s largest mobility companies, continues to invest in all areas of mobility. Stellantis, which prepares the industry for the future with passenger and light commercial vehicles developed with innovative technologies, also continues its work on alternative mobility solutions. In this context, Stellantis and Archer Aviation Inc., developer of electric aircraft (eVTOL) that can take off and land vertically in the city, made a statement following the success of the test flight last month.
Stellantis NV and Archer Aviation Inc, a leader in electric vertical take-off and landing (eVTOL) aircraft, announced that Stellantis made an additional investment of $ 55 million in Archer within the scope of the companies’ strategic financing agreement, following the test flight success last month. This latest investment builds on Stellantis’ previously announced purchase of 8.3 million publicly traded shares of Archer in March this year. In 2023, Stellantis invested $110 million in Archer through a combination of public market stock purchases and investments under the companies’ strategic financing agreement. Archer continues its work at full speed to complete the construction of its high-volume production facility in the USA later this year.
The first phase of construction, designed to have a production capacity of up to 650 aircraft per year, consists of a 350 thousand square meter facility on an area of approximately 100 acres. This makes the project one of the largest production facilities by volume in the aircraft industry. Archer’s goal for this facility is to establish a factory that can support its planned commercial expansion by benefiting from Stellantis’ expertise as a contract manufacturer. “
Stellantis CEO Carlos Tavares said that it is exciting to see this dream come true. “I congratulate the innovative approach, expertise and hard work of Stellantis and Archer’s engineering and production teams. “With this additional investment in Archer, today’s freedom of mobility continues to move towards a future that extends beyond the road.” he said.
Commenting on the issue, Archer CEO Adam Goldstein said: “The foresight to provide the manufacturing expertise and capital needed to accelerate Archer’s business goals, the strategic vision and committed support of Stellantis CEO Carlos Tavares are a testament to Stellantis’ commitment to Archer. “Together, we are unlocking new opportunities by redefining urban mobility, providing citizens around the world with more efficient access to the people, places and events in their communities.” ” he said.