Stellantis Appoints Antonio Filosa CEO to Lead Global Turnaround
Stellantis Appoints Antonio Filosa CEO to Lead Global Turnaround

Stellantis Appoints Antonio Filosa CEO to Lead Global Turnaround

News summary

Stellantis has appointed Antonio Filosa, its North American head and a 25-year company veteran, as its new CEO effective June 23, 2025, following the departure of Carlos Tavares amid declining sales and profits. Filosa faces the challenge of reversing a sales slump in the U.S., navigating trade disruptions from tariffs, and addressing excess capacity and muted demand in Europe, while also managing competition from Chinese automakers. His deep industry experience, particularly in the Americas and Latin America, and his operational background are seen as key assets to lead the company through its turnaround and transition toward electric vehicles and sustainability. Although some investors expressed concerns about his relatively limited North American experience, others believe his familiarity with the U.S. market and culture positions him well to rebuild dealer relations and refresh Stellantis' vehicle lineup. Filosa's appointment signals Stellantis' focus on operational revival and strategic adaptation in a highly competitive and evolving global automotive landscape. The company, which owns 14 brands including Jeep, Fiat, Chrysler, and Dodge, is expected to announce a new leadership team alongside Filosa's installation.

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