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Stellantis Appoints Antonio Filosa as New CEO to Spearhead Jeep Maker's Revival

Alfred LeeAlfred Lee22h ago

Stellantis Appoints Antonio Filosa as New CEO to Spearhead Jeep Maker's Revival

Image Copyright: REUTERS.


In a strategic move to rejuvenate its global standing, Stellantis, the multinational automaker behind iconic brands like Jeep, Chrysler, and Peugeot, has named Antonio Filosa as its new Chief Executive Officer. Announced on Wednesday, May 28, 2025, Filosa, previously the head of North American operations, steps into the role effective June 23, replacing Carlos Tavares, who resigned in December amid declining profits and sales.

Filosa, an Italian national, brings a wealth of experience from within the company, having led Stellantis’ operations in the critical U.S. market. His appointment signals a focus on reviving the automaker’s performance, particularly in North America, where it has struggled to maintain market share against fierce competition and challenging economic conditions.

The world’s fourth-largest automaker by sales, Stellantis faces significant hurdles, including navigating global trade tensions and a shifting automotive landscape. Industry analysts suggest that Filosa’s leadership will prioritize streamlining the company’s expansive portfolio of 14 brands, with potential restructuring or divestitures on the horizon.

Under Tavares’ tenure, Stellantis saw a drop in both profits and share value, prompting the need for a fresh perspective. Filosa is expected to unveil a new leadership team upon officially taking the helm, aiming to reinvigorate investor confidence and stabilize the company’s financial outlook.

The announcement of Filosa’s appointment resulted in muted reactions in early stock trading, reflecting cautious optimism among shareholders. As the automotive industry grapples with tariffs and market uncertainties, all eyes will be on Filosa to steer Stellantis back to profitability and growth.

Stellantis, formed from the merger of Fiat Chrysler and PSA Group in 2021, remains a powerhouse with a diverse range of vehicles. However, the road ahead for Filosa involves not only internal restructuring but also adapting to external pressures such as electrification trends and geopolitical challenges in key markets.

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