Stellantis appoints Antonio Filosa as new CEO amid tariff concerns and sales challenges. Filosa, with 25+ years in auto industry, aims to revive the company's fortunes in North America and Europe.
Stellantis has appointed Antonio Filosa as its new Chief Executive Officer, effective June 23, pending formal approval at an upcoming shareholder meeting. The announcement comes amid ongoing concerns about the impact of U.S. tariff policies on global automakers.
The 51-year-old Filosa, previously serving as Chief Operating Officer for North America, brings over 25 years of automotive industry experience to the role. In a statement, Stellantis highlighted his proven leadership and deep understanding of the company's operations worldwide as key factors in his selection.
Filosa succeeds Carlos Tavares, who stepped down in December 2024 following a profit warning issued by the company. Tavares' departure was reportedly influenced by disagreements with the board over the pace of electrification, particularly his push for fully electric vehicle sales in Europe by 2030.
Under Tavares' leadership, Stellantis faced challenges in North America, where sluggish sales led to an accumulation of unsold inventory. Filosa, who assumed leadership of North American operations after Tavares' exit, now takes responsibility for the company's portfolio of 14 brands, including Peugeot, Fiat, Chrysler, Citroën, and Jeep.
The transition occurs as the automotive industry navigates complex market conditions, including regulatory pressures and shifting consumer demands. Filosa's appointment signals Stellantis' commitment to stabilizing its position in key markets while addressing broader industry challenges.
