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France stocks higher at close of trade; CAC 40 up 0.26%

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Factbox-Europe's embattled auto sector plans plant closures and layoffs

European automotive companies face challenges leading to plant closures and layoffs, driven by weak demand, rising costs, and increased competition during the transition to electric vehicles.

• STLAM

Stellantis considers internal candidates for CEO role

Stellantis is searching for a new CEO following Carlos Tavares's resignation, evaluating internal candidates Antonio Filosa and Maxime Picat, while also considering external options amid industry challenges.

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• AN
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Factbox-As CEO Tavares leaves Stellantis, market speculates on successor

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Stellantis considers Picat and Filosa for CEO, says source

Stellantis is considering internal candidates Antonio Filosa and Maxime Picat for CEO following Carlos Tavares' abrupt resignation amidst board disputes. External candidates may also be evaluated.

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France stocks mixed at close of trade; CAC 40 up 0.02%

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Italy stocks higher at close of trade; Investing.com Italy 40 up 0.21%

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Tavares clashed with Stellantis board over revival plan, sources say

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Morning Bid: Dollar flexes on Trump swipe, French politics, yuan slide

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Stellantis shares down following CEO Carlos Tavares’ resignation