Stellantis CEO Takes Charge of North American Operations Amid Declining Sales

Carlos Tavares visits Detroit to develop a turnaround strategy as the automaker faces significant financial and operational challenges.

Stellantis' North American sales have dropped by 30%, severely impacting profits.
CEO Carlos Tavares is in Detroit to personally address the issues and formulate a new strategy.
The company has seen a wave of executive departures and announced layoffs at several U.S. plants.
Shareholders have threatened legal action over the declining performance and stock value.
The UAW union has warned of potential strikes if investment commitments are not met.