Tag Archives: Antonio Filosa

Coming Soon Chinese-Built Jeeps?

Posted on 15 May 2026 by Ken Zino

“Dongfeng Motor has always taken the transformation and revitalization of Dongfeng Peugeot Citroën Automobile Co., Ltd. (DPCA) as a key strategic priority, fully supporting and advancing its sustainable development. Through the signing of this strategic cooperation, by integrating Hubei’s industrial strengths, Stellantis’ global layout advantages and Dongfeng’s intelligent electric vehicle technologies, a new path featuring complementary strengths and win-win outcomes for all parties has been forged. This will undoubtedly inject strong momentum into DPCA’s transformation,” said Qing Yang, Dongfeng Group Chairman. Continue reading →

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Stellantis and Leapmotor to Expand Leapmotor International

Posted on 8 May 2026 by Ken Zino

Stellantis (NYSE: STLA / Euronext Milan: STLAM) and Leapmotor (Zhejiang Leapmotor Technologies Ltd 9863.HK) today announced their intention to expand their strategic partnership [Leapmotor International – LMPI – is a 51% Stellantis / 49% Leapmotor joint venture with exclusive rights for the sale and manufacturing of Leapmotor products outside Greater China – AutoCrat.] with an emphasis on European products and assembly plants and engineering technologies.

“This plan to expand our successful partnership with Leapmotor – a trusted peer and one of the fastest-growing, most respected new energy vehicle producers globally – is a true win-win for both of us. It is expected to support production and advance localization in Europe of world-class manufacturing of electric vehicles at affordable prices to meet customers’ real-world needs. Today’s announcement reflects our intent to deepen our partnership and take one more step towards even greater collaborations in the future,” said Stellantis CEO Antonio Filosa. Continue reading →

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Stellantis Posts Q1 2026 Net Profit of €0.4 Billion

Posted on 30 April 2026 by Ken Zino

Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) today reported Q1 2026 financial results that show a slight year-over-year improvement.* Net revenues increased 6% year-over-year to €38.1 billion, with improved performance in North America, as well as gains in Enlarged Europe and Middle East & Africa. Net profit increased to €0.4 billion from volume growth and stronger operating performance. As with all global automakers, Stellantis is struggling with trade and tariff wars, as well as the consequences of mid-eastern region military actions. Continue reading →

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Stellantis Posts Full Year 2025 Loss of €22.3B

Posted on 26 February 2026 by Ken Zino

“In the second half of the year we began to see initial, positive signs of progress with the early results of our drive to improve quality, strong execution of the launches of our new product wave and a return to top line growth. In 2026 our focus will be on continuing to close the execution gaps of the past, adding further momentum to our return to profitable growth,” claimed Filosa. [A large portion of the Stellantis Corporate farm appears to be bet on its ability to sell large Ram pickup trucks and some cars with V8 engines – Hemi – and sell more Jeeps in North America where GM and Ford are firmly entrenched. Affordability is an issue as well, so a mid-size Dakota Pickup truck is in the works. – AutoCrat] Continue reading →

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Stellantis €22.2B Charges. Dividend Cancelled. Stock Tanks

Posted on 9 February 2026 by Ken Zino

Stellantis N.V. (NYSE: STLA. STLAM.MI) on Friday announced a vast overhaul of  its business and as it prepares for the communication of its new strategic plan in May of this year. In a release it claimed that “it has conducted a thorough assessment of its strategy and related costs required to align the Company with the real-world preferences of its customers.”[Translation – STLA is hemorrhaging cash and will take charges and add debt while it tries to return to profitability. The capital markets did not take a wait and see view. STLA dropped ~24% by the time the markets closed – AutoCrat] Continue reading →

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Stellantis and Bolt Partner on Driverless Mobility

Posted on 9 December 2025 by Ken Zino

Stellantis (NYSE: STLA) and Bolt, a European mobility platform, today announced they have entered a partnership to jointly explore the development and use of Level 4 (driverless) autonomous vehicles for commercial operations across Europe. [The move is a defensive one as the Chinese undoubtedly are preparing to attack this lucrative segment – AutoCrat]*

“Our AV-Ready Platforms™ are designed for maximum flexibility, so we can deliver the best possible experience for European customers. Autonomous fleets can also contribute to a lower carbon footprint by enabling a shared and optimized mobility, reducing congestion and emissions. Partnering with Bolt is intended to bring this vision closer to reality, combining our engineering expertise with their operational reach in the hopes of making driverless mobility a trusted part of everyday life in Europe,” said Antonio Filosa, Stellantis CEO. Continue reading →

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Stellantis to Invest $13 Billion in U.S. Plants

Posted on 15 October 2025 by Ken Zino

Stellantis (NYSE: STLA) late yesterday announced plans to invest $13 billion during the next four years to increase its sales in the critical United States market and to expand its domestic manufacturing footprint. Part of this are required updates to aging vehicles to stay competitive and defend market share. Some was previously planned and announced for other vehicles – notably EVs but is now being redirected to internal combustion engine products because of the relaxation of environmental rules and the elimination of  EV buying incentives and CAFE fines or fees on vehicles that inordinately pollute the air causing dire human health problems by the Environmental Pillage Agency, aka EPA, under the Trump – “Global warming is a Chinese hoax” Administration. Continue reading →

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Stellantis Posts H1 2025 Loss of €2.3 Billion

Posted on 29 July 2025 by Ken Zino

Stellantis N.V. (NYSE: STLA)* today announced results for the H1 2025, reporting Net revenues of €74.3 billion, down 13% compared to H1 2024. The breathtaking net loss was -€2.3) billion, including €3.3 billion of net charges excluded from Adjusted operating income, down compared to H1 2024 Net Profit of €5.6 billion. It updated its tariff cost assumptions to an estimated 2025 net tariff of~€1.5 billion (~$1.7B), of which only €0.3 billion was incurred in H1 2025. Continue reading →

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New Stellantis CEO Filosa Drastically Changes Staffs

Posted on 23 June 2025 by Ken Zino

Upon assuming his new Stellantis CEO job today (NYSE: STLA), Antonio Filosa drastically changed his new Stellantis Leadership Team, effective immediately. Continue reading →

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Antonio Filosa New Stellantis CEO

Posted on 28 May 2025 by Ken Zino

Stellantis will now hold an Extraordinary Shareholder Meeting, which will be called in the coming days for Antonio Filosa to be elected to the Board to serve as an executive director of the Company. “Meanwhile, to give him full authority and ensure an efficient transition, the Board has granted him CEO powers effective June 23.”

John Elkann will continue in his role as Executive Chairman when Antonio Filosa takes up his position as Chief Executive Officer on June 23. At that time, Antonio Filosa will also announce Stellantis’ new leadership team. Continue reading →

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More Stellantis Executive Changes as Stock Drops

Posted on 3 February 2025 by Ken Zino

“Through targeted organizational adjustments, the regions now have enhanced local decision-making and execution capabilities in respect of product planning, product development, industrial and commercial activities, while maintaining coordination with the Company’s global functions to best serve their customers,” Stellantis said. However, there still is no new permanent Chief Executive Officer from the Special Committee of the Board of Directors at a time when Trump’s executive orders – viz tariff’s – are wreaking havoc in the auto industry. Stellantis shares are down ~8% this morning. Continue reading →

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