Carlos Tavares

Carlos Tavares (born 14 August 1958[not verified in body][1]) is a Portuguese business executive, primarily in the automotive sector.

He was the chief executive officer (CEO) of Stellantis from January 2021 to December 2024 (when it was the world's fourth largest automaker by sales), a conglomerate that was formed by a merger that he had overseen, that of the PSA Group and Fiat Chrysler Automobiles.

[3] Tavares' passion for cars has been traced to the young Carlos, age 14-years, when he discovered motor racing during an open day at the Estoril circuit, near Lisbon.

[13] During his tenure, he spearheaded cost-cutting measures and increased the company's market share in China, which returned Groupe PSA to profitability after several years of losses.

[citation needed] While overseeing the Jeep, Chrysler, and Peugeot major car brands, Tavares faced criticism over that level of compensation alongside statements he made about rising food and automobile costs; specifically, his discussions about inflation included suggestions that consumers should simply expect to pay more for things (e.g., for "more expensive burgers") as a result of inflationary pressures.

[7] At the Stellantis first press conference, Tavares said he planned to save 5 billion euros a year by way of investments, engine and platform sharing and development.

[20] During the 2022 French presidential election, incumbent President Emmanuel Macron and opposing candidate Marine Le Pen both called Tavares' 2021 compensation package "shocking".

[21] As the CEO, Tavares has raised concerns of an "invasion" from Chinese EV companies and, along with the American carmaker Tesla, are offering more affordable models compared to their European competitors.

In 2014—with Jean-Louis Dauger, Denis Gibaud, and Jérôme Maudet—Tavares won the A2 class of the Barcelona 24 Hours in a Peugeot RCZ Cup of the Milan Competition racing group.