Stellantis CEO Carlos Tavares has unexpectedly resigned from the automaker amid increasingly “different views” between the executive and the board of directors, the company said Sunday.

Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the carmaker that owns brands like Jeep and Ram and Citroën and Peugeot

Tavares' sudden departure caps a series of problems this year for the automaker, especially in the United States.

Stellantis, the maker of Jeep, Fiat and Puegeot, announced on Sunday that CEO Carlos Tavares has resigned.

Milan-listed shares in Stellantis were seen opening sharply down on Monday after chief executive Carlos Tavares resigned abruptly on Sunday.

Stellantis chief executive Carlos Tavares on Sunday resigned "with immediate effect", the auto giant announced, signalling differences over how

Carlos Tavares, the chief executive of struggling automaker Stellantis NV, resigned Sunday, after nearly four years of leading the company.

The global automaker’s sales in North America declined over the past year because of high-cost models that dealers struggled to sell.

Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the Jeep and Ram maker, which has continued to struggle with slumping sales.