PARIS – On Monday, the Peugeot family holding company, a major shareholder in Franco-Italian carmaker Stellantis (NYSE: STLA), expressed its continued support for the group after the surprise resignation of CEO Carlos Tavares.
“The Peugeot family group offers its full support to the new executive board and to all the Stellantis teams who are working to meet the group’s current challenges”, it said in a statement.