Several major automakers, including Stellantis, Renault, Jaguar Land Rover, Volvo, Nissan, and Porsche, have recently appointed new CEOs.
This trend highlights the intense pressure CEOs are under to improve their companies' finances, with those failing to do so potentially facing job insecurity.
CEOs are under intense pressure to improve their companies' finances — or start looking for a new job.
Author's summary: Automotive CEOs face pressure to improve finances.