Stellantis Names Antonio Filosa New CEO Amid Global Challenges

Stellantis, the world's fourth-largest automaker, announced Antonio Filosa as its new CEO, effective June 23, 2025, following the resignation of Carlos Tavares. Filosa, who has over 25 years in the automotive industry and has served as Stellantis' COO for the Americas and chief quality officer, is tasked with reviving the company's sales and profits amid challenges such as a complex brand portfolio, lagging electric vehicle transition, and competitive pressures from China. His leadership is seen as a hopeful new chapter, with expectations for him to rationalize Stellantis' 14 brands and streamline operations, especially in the key U.S. market. While some investors question his limited North America experience, others highlight his deep understanding of the company and local market as assets. Filosa has already taken steps to strengthen the team by bringing back experienced executives to lead key brands and sales efforts. The appointment has been met with cautious optimism by investors, who continue to watch for innovative strategies to drive the company's business revival and electrification transition.