2026 is the ‘year of execution’ amid turnaround plan
CNBC • • general
Key Points:
- Stellantis CEO Antonio Filosa views 2026 as a crucial execution year to reverse market share declines for the U.S. brands Jeep, Ram, and Dodge.
- Since becoming CEO in May, Filosa has prioritized Jeep and Ram while reversing previous strategies that heavily focused on all-electric vehicles.
- Filosa plans to unveil a detailed future strategy at a capital markets day in the first half of 2024 but did not rule out regional refocusing or downsizing of underperforming brands like Fiat and Alfa Romeo.
- Despite speculation about selling off assets, Filosa emphasized the company's intention to stay united and build a strong corporate culture centered on global reach, customer focus, and teamwork.
- A major company meeting next week
