Stellantis, the world's fourth-largest carmaker, named Italian auto executive Antonio Filosa as its new chief executive officer Wednesday, replacing Carlos Tavares, who resigned under pressure last year.Filosa, who is currently Stellantis' chief operating officer for the Americas and chief quality officer, takes the post effective June 23, when he is expected to announce his leadership team.The move returns the running of Stellantis, created from the 2021 merger of France's PSA Peugeot with Italian-US carmaker Fiat Chrysler Automobiles, to Italian hands after three years under Tavares, who previously served as Peugeot's top executive. John Elkann, heir to the Fiat-founding Agnelli family, remains chairman.Elkann praised Filosa's “deep understanding of our company, including its people, who he views as our core strength, and of our industry.
The Chrysler parent named COO Antonio Filosa as the company's new chief.
Stellantis (STLA) on Wednesday appointed veteran executive Antonio Filosa as its next CEO as the Chrysler and Jeep maker grapples with tariffs and a drop in sales.
Antonio Filosa was appointed chief executive of automaker Stellantis on Wednesday, following the departure of Carlos Tavares in December.
The carmaker said that Filosa, who currently serves as chief operating officer for the Americas and chief quality officer, will take up the CEO role on June 23.
Auto giant Stellantis on Wednesday appointed North American boss Antonio Filosa as its new chief executive.
Automaker Stellantis is about to appoint Italian manager Antonio Filosa as its new chief executive, the Corriere della Sera daily reported on Wednesday.
We initiate coverage of SLTA with a Buy rating, backed by a credible margin recovery roadmap, strong execution on the $10bn cost-out program and accelerating Latin American momentum. STLA trades at a steep discount to peers, with margin inflection and cost takeout providing catalysts for a valuation re-rating and FCF recovery in 2025. Key risks include tariff uncertainty, execution of the €10bn cost program, and EV transition headwinds, but these are reflected in our conservative assumptions.
Stellantis N.V. (NYSE:STLA ) Q1 2025 Results Conference Call April 30, 2025 7:00 AM ET Company Participants Edward Ditmire - Head of Investor Relations Doug Ostermann - Chief Financial Officer Conference Call Participants Jose Asumendi - JPMorgan Thomas Besson - Kepler Cheuvreux Philippe Houchois - Jefferies Horst Schneider - Bank of America Daniel Roeska - Bernstein Research Gautam Narayan - RBC Patrick Hummel - UBS Mike Tyndall - HSBC Martino De Ambroggi - Equita Operator Ladies and gentlemen, welcome to the Stellantis First Quarter 2025 Shipments and Revenues Call.
Could a complex, Netherlands-based automaker be a natural beneficiary of U.S. protectionism?
Stellantis (STLA) said Wednesday it is suspending its full-year outlook, pointing to "tariff-related uncertainties."
The company said it is taking action to adjust production plans, and identifying opportunities for improved sourcing.