Stellantis Teeters on the Brink

In car-maker woes, Stellantis faces a tough road. The global auto giant is in dire straits, seeking a new CEO to navigate a staggering 70% drop in profits. From 2023's €18.6 billion to just €5.5 billion, this decline threatens the fourth-largest automaker, formed from Fiat Chrysler and Peugeot. Leadership shake-ups compound challenges, with CEO Carlos Tavares' 2024 exit leaving a void. Interim management must steer through heritage brand decisions and an uncertain EV future. Rumors suggest performance guru Tim Kuniskis could help revive iconic cars like a V8 Barracuda. Whether new leadership can reignite Stellantis' fortunes remains the question.