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Is a New CEO Reason Enough to Buy a Stellantis Turnaround?
The Motley Fool· 2025-06-07 11:30
Group 1: Company Overview - Stellantis shares have declined approximately 56% over the past year, with former CEO Carlos Tavares resigning amid conflicts with the board and dealer frustrations [1][2] - Newly appointed CEO Antonio Filosa faces significant challenges in mending relationships with dealers, suppliers, and unionized employees [2][4] Group 2: Dealer Relationships - Tavares' focus on short-term profits and mismanagement from the merger of Fiat Chrysler Automobiles and PSA Group led to strained dealer relationships, with dealers seeking larger incentives to move inventory [3][4] - Stellantis has received the lowest score in Plante Moran's annual supplier survey for five consecutive years, indicating ongoing issues with supplier relationships [4] Group 3: Strategic Decisions - Filosa must decide which brands to invest in, as Tavares initially set a 10-year plan for brand performance but later indicated that reviews could occur as early as 2026 [6][7] - The company is heavily impacted by tariffs, particularly due to its reliance on factories in Mexico and Canada, with estimates suggesting a potential 75% reduction in earnings this year due to tariffs [7][8] Group 4: Investment Considerations - Despite a low price-to-earnings ratio of 4.7 and a dividend yield of 7.6%, the uncertainty surrounding Stellantis' future makes it less attractive for investors compared to other opportunities in the automotive industry [9]
Chrysler Turns 100! Chrysler Brand Shares 1,500-plus 100th Birthday Group Photo Honoring Employees, Announces Century of Innovation Summer Celebration Events As It Looks to Next 100 Years
Prnewswire· 2025-06-06 13:00
AUBURN HILLS, Mich., June 6, 2025 /PRNewswire/ -- Chrysler officially turns 100 today, June 6, 2025, and the brand is celebrating by recognizing the people who have powered its path to the century mark — a rare accomplishment for any brand or company. More than 1,500 employees came together at the Chrysler Technology Center campus in Auburn Hills, Michigan, on Thursday, June 5 to participate in a special group “birthday” photo honoring the thousands who have worked over the decades to make 100 years of ...
Century of Innovation Celebration: Chrysler Brand Reveals Chrysler Pacifica 100th Anniversary Edition, Hosts Chrysler Historical Vehicle Drive on Detroit's Belle Isle
Prnewswire· 2025-06-04 17:00
AUBURN HILLS, Mich., June 4, 2025 /PRNewswire/ -- It’s Chrysler’s birthday week and the brand is continuing to unwrap a celebratory slate of initiatives to mark 100 years, starting today on Detroit’s Belle Isle where media gathered for the once-in-a-century opportunity to drive historic Chrysler vehicles and also view the introduction of the new 2026 Chrysler Pacifica 100th Anniversary Edition. Chrysler continues 100-year celebration with Chrysler historical vehicle drive on Detroit's Belle Isle with ...
Sébastien Jacquet Appointed Chief Quality Officer
GlobeNewswire News Room· 2025-06-02 12:31
Sébastien Jacquet Appointed Chief Quality Officer AMSTERDAM, June 2, 2025 – Stellantis N.V. today announced the appointment of Sébastien Jacquet as Chief Quality Officer, effective immediately. He succeeds Antonio Filosa, who has been appointed to be the Company’s new Chief Executive Officer. Sébastien Jacquet, who previously served as Deputy Chief Engineering and Technology Officer and Head of Cross Car Line and Project Engineering, has almost 25 years of extensive experience in quality, automotive enginee ...
China's Leapmotor and Huawei-backed Aito report record high deliveries in May as competition heats up
CNBC· 2025-06-02 08:47
Chinese electric carmakers Leapmotor and Aito reported record high deliveries in May, while other startups struggle to catch up as the price war intensifies.Stellantis-backed Leapmotor delivered a record 45,067 vehicles in May, reflecting year-on-year growth of 148%. On May 15, the automaker launched an updated version of its C10 model, a mid-sized SUV, that retailed from 122,800 yuan ($17,045). Leapmotor said over 13,000 units of the C10 were delivered in May.And on Sunday, Seres-backed Aito announced on s ...
Dodge Announces 2026 Dodge Durango Lineup, Expands HEMI®-powered Durango R/T Choices With New Blacktop Redline Package, Refreshed Wheel Lineup
Prnewswire· 2025-05-29 17:00
AUBURN HILLS, Mich., May 29, 2025 /PRNewswire/ --  Dodge is powering up the brand’s performance SUV mix for the 2026 model year, with special focus on the popular HEMI®-powered Dodge Durango R/T, introducing a new 2026 Dodge Durango R/T Blacktop Redline package, bringing back the R/T Tow N Go package as a standalone option and delivering a refreshed wheel lineup for the R/T model. New HEMI®-powered 2026 Dodge Durango R/T Blacktop Redline package adds new 20-by-8-inch Black Noise wheels, blacked-out HE ...
Jeep reveals new Cherokee SUV, confirms hybrid model
CNBC· 2025-05-29 16:21
DETROIT — Jeep on Thursday revealed the first details and image of its new Cherokee SUV, which the company expects to assist in the brand's turnaround when it arrives later this year.The Stellantis brand said the new midsize SUV will feature a hybrid powertrain option but declined to specify if it would be a traditional hybrid or plug-in hybrid electric vehicle (PHEV), which the company currently offers on several SUVs."The all-new Jeep Cherokee headlines our efforts to deliver more product, innovation, cho ...
Stellantis to End In-Car Technology Partnership With Amazon
ZACKS· 2025-05-29 13:50
Stellantis N.V. (STLA) is reportedly winding down its collaboration with Amazon (AMZN) to create in-car software with connected products and services. The joint project, Stellantis SmartCockpit, was started three years ago as part of STLA’s goal to generate $22.5 billion annually from software.The JV aimed to transform the driving experience by integrating sophisticated vehicle software enabling detection of the driver, personalization of the thermostat, navigation and other settings. Stellantis hoped this ...
Dodge Brand's Horsepower Festival Marks a Decade, MotorTrend Presents Roadkill Nights Powered by Dodge Back for 10th Year
Prnewswire· 2025-05-29 13:00
AUBURN HILLS, Mich., May 29, 2025 /PRNewswire/ -- MotorTrend Presents Roadkill Nights Powered by Dodge gears up for tire-smoking salute to a decade of sanctioned drag racing on August 9, 2025 Event to feature Direct Connection Grudge Race, Dodge Thrill Rides in 670-horspower Dodge Charger Daytona Scat Pack, massive car show, Dodge vehicle displays and more New Dodge products to make their debut at Dodge brand's annual horsepower festival More details on MotorTrend Presents Roadkill Nights Powered by Dodge w ...
Stellantis Announces Antonio Filosa - 25-Year Veteran of the Company - to Be Its New Chief Executive Officer
Prnewswire· 2025-05-28 07:15
Core Viewpoint - Stellantis N.V. has appointed Antonio Filosa as the new Chief Executive Officer, effective June 23, 2025, following a comprehensive search process led by the Board of Directors [1][3][4]. Group 1: Leadership Transition - Antonio Filosa will assume CEO powers on June 23, 2025, and an Extraordinary Shareholder Meeting will be held for his election to the Board as an executive director [2][3]. - The Board's decision to select Filosa was based on his extensive experience in the automotive industry, with over 25 years of hands-on success and a deep understanding of the company [4][8]. - John Elkann will continue as Executive Chairman during this transition, and Filosa will announce Stellantis' new leadership team upon taking office [7]. Group 2: Filosa's Background and Achievements - Filosa has previously served as Chief Operating Officer for the Americas and Chief Quality Officer, leading Stellantis in both North and South America [2][5]. - Under his leadership, the FIAT brand achieved a market-leading position in South America, and he significantly grew the Peugeot, Citroën, Ram, and Jeep brands [5][6]. - He played a key role in establishing the Pernambuco plant, one of South America's largest automotive hubs, and successfully launched Jeep in Brazil, making it a leading market for the brand outside the U.S. [5][6]. Group 3: Industry Context - The appointment of Filosa comes at a crucial time for the global automotive industry, which is undergoing significant transformation [8][9]. - Filosa emphasized the importance of the company's heritage and commitment to innovation, stating that the legacy of Stellantis' iconic brands will be vital for future success [9].