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The traders did not want Tavares, and he felt it

Changes in Stellantis leadership

Carlos Tavares, who led Stellantis for a long time, stepped down as CEO at the end of last year. His departure followed controversial cost-cutting decisions that caused dissatisfaction among unions, dealers, and politicians. The new head of the company is Antonio Filosa, whom Tavares called a “logical choice.”

Tavares himself denies being fired and claims he left by his own decision after a conversation with Chairman of the Board John Elkann.

“I hold no grudge against anyone. Not even those who made my life as CEO difficult. At some point, it’s time to part ways—that’s normal,” he said.

Challenges for the automotive industry

The former Stellantis leader left just before new U.S. customs tariffs on cars, introduced by the Trump administration, came into effect. Tavares repeatedly warned about the threat posed by Chinese manufacturers actively developing electric vehicles. He believes European brands should focus on the premium segment, where they still have advantages.

After leaving Stellantis, Tavares returned to Portugal, where he is engaged in private business—investing in agriculture, hospitality, and other projects.

“Before, I did twelve things a day. Now—five, but more thoroughly. And I get more satisfaction,” he shares.

Despite Stellantis’ strong financial position, the transition to new leadership is taking place amid fierce competition and political uncertainty. Filosa will have to balance profitability, innovation, and market demands, especially in light of the growing influence of Asian manufacturers.

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