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Ousted Stellantis CEO Admits 'Things Could Have Been Done Differently'

  • 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.
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The new executive president of Stellantis should officially assume his position on 23 June. ‘Taxary war’, Chinese competition and transition to electrical mobility are some of the most ‘heating’ files that Antonio Filosa has in front of him.

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Article LesVoitures.com Cars Carlos Tavares, former CEO of Stellantis, seems to have found a new passion far removed from the demands of the automotive world.Since his [...] Article Carlos Tavares: From Stellantis to the vineyards, the conversion of the ex-CEO appeared first on Les Cars.

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Six months after the sudden departure of the famous Carlos Tavares, the Board of Directors of the Stellantis group found him a successor. His name is Antonio Filosa, and he has "over 25 years of house".

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The Globe & Mail broke the news in Canada on Sunday, June 1, 2025.
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