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Stellantis names Antonio Filosa CEO to steer through North American sales slump

He takes charge as Stellantis confronts US trade levies; weighs cuts to its sprawling 14-brand portfolio.

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The logo of Stellantis sits on the company's building in Poissy, near Paris, France, February 26, 2025. REUTERS/Stephanie Lecocq/ File Photo
Antonio Filosa speaks during the Stellantis press conference at the Automobility LA 2024 car show at Los Angeles Convention Center in Los Angeles, on November 21, 2024.
A man walks past a logo of Stellantis outside the company's building in Chartres-de-Bretagne near Rennes, France, September 20, 2024. REUTERS/Stephane Mahe/File Photo

Overview

  • Filosa will assume CEO powers on June 23 after a unanimous board vote and an upcoming shareholder meeting to install him as an executive director.
  • A 25-year Stellantis veteran, he has led Jeep, served as North America COO since October and was named chief quality officer in February.
  • He succeeds Carlos Tavares, who resigned in December following sharp drops in profits and sales across key markets.
  • Stellantis reported a 70% plunge in net profit in 2024, grappling with slumping US demand, 25% tariffs and rising competition from Chinese automakers.
  • His initial mandate includes announcing a new leadership team, right-sizing underperforming brands and stabilizing North American operations.