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Stellantis CEO Antonio Filosa described leading the car company as a dream, yet investors have faced difficulties since he took over. Stellantis’ stock has fallen nearly 30% since he was appointed almost a year ago. Filosa officially began his role last June, and the stock has decreased by about 21% since then.
On Thursday, Filosa and his team will reveal a plan to improve the struggling automaker at a capital markets day in Detroit. Filosa promised investors that this event will present clear priorities, targets, and a focused plan for success.
The new strategy will concentrate on popular brands like Jeep and Ram in the U.S., and Fiat and Peugeot in Europe. They will explain how to cut costs and aim to recover from a significant loss of €22.3 billion (about $26.3 billion) last year. Filosa acknowledged that challenges remain, but he believes they are moving quickly to solve problems.
The broader auto industry is under pressure due to artificial intelligence, competition from Chinese firms, and U.S. tariffs. Stellantis has lost market share and faced issues with suppliers and dealers. Analysts are watching closely but are cautious about the company’s recovery without a solid plan for profit growth.
Filosa has labelled 2026 as the “year of execution,” highlighting the need for strong partnerships and effective strategies to drive the company forward.
