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Stellantis Selects Lead Coordinator to Revive Belvidere Chrysler Plant
- Stellantis appointed Antonio Filosa as CEO in late June 2025 following Carlos Tavares's resignation in December 2024 amid severe financial and market challenges.
- Tavares's costly North American strategy, marked by mispricing core brands and alienating dealers, caused a sharp sales decline and eroded investor confidence.
- Filosa, a 25-year company veteran and former Jeep chief with recent Americas operational leadership, faces the challenge of repairing dealer relations and reviving brands like Chrysler.
- Since the beginning of 2024, Stellantis shares have plummeted by more than 66%, and on the day Antonio Filosa was appointed CEO, the stock declined by over 3%. Additionally, the company pulled its full-year financial outlook amid ongoing uncertainties related to U.S. tariffs.
- Filosa's success in stabilizing the company may determine whether Stellantis sustains its 14 brands or trims its portfolio amid fierce competition and regulatory pressures.
23 Articles
23 Articles
Stellantis selects lead coordinator to revive Belvidere Chrysler plant
BELVIDERE, Ill. (WTVO) — United Auto Workers union Vice President Kevin Gotinsky told members that Stellantis has selected a lead launch coordinator to bring back Belvidere's Chrysler Assembly Plant on Thursday. Teams are also walking through the plant to determine what upgrades will be needed before opening. This development comes shortly after the company announced that Antonio Filosa was appointed as the CEO of Stellantis. Gotinsky informed u…
A mystery of surveying Antonio Filosa: we now know the salary of the future boss of Stellantis, as discovered by Capital in documents made public on 5 June. After the polemics on the remuneration of Carlos Tavares, find out if his successor will be better paid...
Antonio Filosa will be the new CEO of Stellantis, where he belonged to Carlos Tavares since 2021. More than a change of face, the exchange reflects the replacement of a PSA man by one of Fiat.
The man of the Serail and the boss of North America, Antonio Filosa, will take the reins of the fourth car manufacturer with the heavy responsibility to restore internal confidence to the teams and to straighten up a profitability damaged by the end of the reign of Carlos Tavares. All in an American market plagued by the tariffs of the new Trump administration and a European market at the lowest.
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