Over the past few months, the parent company behind one of Detroit's most beloved car brands, the multinational automaker Stellantis (STLA) , has taken a dark path as it navigated a dark hole. During its first half 2024 earnings call back in July,

The global automaker’s sales in North America fell over the past year as dealers struggled to sell high-cost models.

The chief executive of the automaker Stellantis, Carlos Tavares, has resigned, the company said on Sunday, amid a decline in profits and slumping sales in its key North America region. Mr. Tavares, 66,

Key Points After months of the company's poor U.S. performance, the CEO of Stellantis N.V. (NYSE: STLA) has been fired. Weak U.S. sales and a failure in the electric vehicle sector cost him his job. After months of the company's poor U.