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Jonathan James Tan · Page 55

Cars

McLaren now owned by Abu Dhabi’s CYVN Holdings

Abu Dhabi government-owned investor CYVN Holdings has acquired McLaren's automotive business and a non-controlling stake in its racing business from Bahrain's sovereign wealth fund Mumtalakat. A potential partnership between Mumtalakat and CYVN …

Cars

Stellantis CEO Carlos Tavares resigns abruptly

Stellantis CEO Carlos Tavares (pic above, left) yesterday resigned with immediate effect, way earlier than his scheduled 2026 retirement. The company has begun the process of appointing his replacement, "to be concluded …