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The resignation of Carlos Tavares as CEO of Stellantis Group has been a hot topic in the automotive industry recently.
According to official statements, the process of appointing a new CEO for Stellantis Group is proceeding smoothly, managed by a special committee of the group's board of directors, and will be completed in the first half of 2025.
Subsequently, it was reported that former Apple CFO Luca Maestri would take over as CEO of Stellantis from Tang Weishi. Blue Whale News sent a request to Stellantis for verification, and relevant sources said that there are currently various claims, but no internal decision has been made yet.
Behind the resignation of the CEO, the management of Stellantis Group has also undergone a series of adjustments. The interim executive committee of Stellantis Group (hereinafter referred to as the "Interim Executive Committee") will represent the group's board of directors to control the company's operational direction and supervise its business. The temporary executive committee will be chaired by John ELKANN and composed of the chairman and relevant management personnel. Among them, Maxime PICAT is responsible for the China region and Zero Run International.
Stellantis Group Announcement Screenshot

So, where has the former Chief Operating Officer of Stellantis Group in China, Oliver, gone? How will they divide their work with Bi Gaocheng? Will Stellantis' business in the Chinese market face new changes as a result?
Oliver is still in China
Opening Bi Gaocheng's resume, he has worked in the Chinese market for a long period of time.
According to public information, in 2008, Bi Gaocheng was appointed as the factory director of the Wuhan factory of Dongfeng Motor Corporation, and subsequently served as the deputy general manager and general manager of Dongfeng Motor Corporation. Until September 2012, Dongfeng Motor Corporation and Peugeot Citroen Group jointly announced that Bi Gaocheng would be transferred from China and appointed as the global general manager of the Peugeot brand under the Peugeot Citroen Group. During his nearly 5 years in China, he was fully responsible for the operation and management of Dongfeng Motor Corporation.
Having been away from the Chinese market for over a decade, it is worth considering whether Bi Gaocheng can take on the banner again, boost Dongfeng Motor Corporation, and promote in-depth cooperation between Stellantis Group and Leapmotor.
It is worth noting that Blue Whale News found that on October 11th this year, Stellantis released a statement titled "Under the leadership of Tang Weishi, Stellantis Group uses its management and organizational changes to drive performance", and announced that Gr é goire Olivier has been appointed as the Chief Operating Officer of Stellantis Group China and will continue to serve as the overall leader of the "Stellantis Group Zero Run Technology Strategic Alliance" to fully utilize its professional knowledge and business management experience in the Chinese market.
Bi Gaocheng was also mentioned in the aforementioned announcement, which stated, "In order to drive business performance, the group's supply chain business segment will be transferred from the group's procurement department led by Bi Gaocheng to the group's production and manufacturing department led by Arnaud Deboeuf. Bi Gaocheng will focus more on achieving performance improvement together with the group's supplier partners
So, under the new interim executive committee, will Oliver still be the Chief Operating Officer of Stellantis Group in China? Are you currently reporting to Bi Gaocheng?
Blue Whale News sent an interview to Stellantis, and relevant sources revealed that Oliver is still in China, but it is unclear whether he has reported to Bi Gaocheng. Currently, the latest management adjustment announcement is the standard. "What is said in this announcement is authoritative information, and what is not said is not clear. Now is a transitional period
Will changing coaches not affect cooperation with Zero Run Motors?
However, for Stellantis' new management team, the burden they will have to shoulder in the future is not easy.
As the fourth largest automotive group in the world, Stellantis was formed in 2021 through the merger of PSA (Peugeot Citroen Group) and FCA (Fiat Chrysler Automobiles). It has numerous brands under its umbrella, such as Alfa Romeo, Chrysler, Citroen, DS, Fiat, Jeep, Maserati, Opel, Peugeot, etc.
Since the beginning of this year, Stellantis' performance has faced challenges. According to financial report data, Stellantis' net revenue in the first half of this year was 85 billion euros, a year-on-year decrease of 14%; Net profit was 5.6 billion euros, a year-on-year decrease of 48%. For the decline in revenue and profit, they all gave reasons due to the decline in sales volume and poor structure.
[align center] Stellantis Group Announcement

The performance of the Chinese market was not separately mentioned in the financial report, but the report provided market data for "China, India, and Asia Pacific": in the first half of this year, Stellantis' combined shipments including joint ventures in the aforementioned markets were 32000 units, a year-on-year decline of about 64%, net revenue decreased by about 46% year-on-year, and adjusted operating profit decreased by about 80% year-on-year.
It is reported that Stellantis Group has launched brands such as Peugeot, Citroen, and Jeep in the Chinese market. In 2014, its joint venture Dongfeng Motor Corporation and PSA reached a peak sales volume of 704800 vehicles, but then sales began to decline, with only 50000 vehicles remaining by 2020. Despite a series of adjustments in recent years, the sales of Dongfeng Motor Corporation have rebounded, but there is still a way to go before its peak period. Data shows that in the first ten months of this year, the cumulative sales of Dongfeng Motor Corporation were 56500 units, a year-on-year decline of 18.8%. In addition, Changan PSA ultimately came to an end through dissolution, while GAC Fiat went bankrupt.
It is worth noting that behind the contraction of the aforementioned brands, Stellantis, under the leadership of Tang Weishi, has also actively sought cooperation with new forces in Chinese car manufacturing. In October 2023, Stellantis and Leapmotor announced that the former would invest approximately 1.5 billion euros to acquire a 20% stake in Leapmotor and hold two board seats. At the same time, both parties will establish a joint venture company called "Zero Run International" in a ratio of 51:49, which will conduct export and sales business in all markets except for Greater China, and have exclusive rights to manufacture Zero Run car products locally.
Tang Weishi stated at that time that with this strategic investment, a potential area in Stellantis Group's business model would be developed, and Stellantis Group would also benefit from the competitiveness of Zero Run cars in China and other markets.
Behind Tang Weishi's resignation, there is much concern about whether there will be any changes in the future cooperation between the two sides. Regarding this, the aforementioned Stellantis personnel told Blue Whale News that Tang Weishi's departure from Stellantis Group will not affect the cooperation between Stellantis Group and Leapmotor.
Under the change of leadership, Blue Whale News will continue to monitor the future of Stellantis Group and the changes in the Chinese market.
标签： Netprofit whocan theChinesemarket
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