All articles tagged with #antonio filosa
Stellantis CEO Antonio Filosa reaffirmed the company's 2026 financial targets during a Detroit event, despite the stock hitting an all-time low. The automaker is executing a $70 billion turnaround plan to achieve positive cash flow by 2027, but faces mounting pressure from a Canadian labor dispute, analyst downgrades, and production halts in Europe.
Stellantis CEO Antonio Filosa says 2026 will be the turning point for reviving the automaker’s U.S. sales, focusing on its strongest U.S. brands and outlining a full strategy at a capital markets day, while considering changes to a broad brand lineup as global and U.S. sales have fallen; analysts reflect cautious optimism with a Moderate Buy rating and an average target near $11.30, implying roughly 11% upside.
Stellantis CEO Antonio Filosa calls 2026 the year of execution for the automaker’s US turnaround, prioritizing Jeep and Ram and signaling possible regional refocusing or pruning of brands as he plans to unveil a detailed strategy at a capital markets day, following years of declining US sales and market share.
Antonio Filosa, the new CEO of Stellantis, faces significant challenges including revitalizing sales, repairing relationships, and managing the transition to electric vehicles, while drawing inspiration from the company's late former CEO Sergio Marchionne to avoid mediocrity and steer the automaker towards growth.
Stellantis has appointed Antonio Filosa, its North American boss and former Jeep leader, as CEO to lead its US operations and navigate industry challenges, including tariffs and geopolitical tensions, with the appointment pending shareholder approval.
Stellantis has appointed Antonio Filosa, its North American COO and former Jeep CEO, as the new CEO, succeeding Carlos Tavares amid industry challenges and declining profits, with the appointment pending shareholder approval, marking a pivotal moment for the company.
Stellantis has appointed Antonio Filosa, a 25-year veteran with extensive global and regional experience, as its new CEO, effective June 23, following a thorough internal and external search, with the company preparing for a new leadership team and strategic phase.
Stellantis has appointed Antonio Filosa, currently the North America COO and Jeep CEO, to oversee South America and the Chrysler, Dodge, and Ram brands following the departure of CEO Carlos Tavares. This move is part of a broader effort to address the leadership gap left by Tavares' exit.