The Latest Breaking News from Antonio Filosa

Stellantis NV (NYSE:STLA) has reportedly decided to shelve its Level 3 advanced driver-assistance program due to financial constraints and consumer apprehension.

During the automaker's recent sales call, in which it announced figures for the first half of 2025, new Stellantis CEO Antonio Filosa put it bluntly:

Stellantis is forecasting that U.S. tariffs would cost the carmaker $1.7 billion this year, five times the hit taken in the first six months of the year when the carmaker tallied losses of $2.65 billion

Jeep owner Stellantis said Tuesday it sees sales revenue and profitability rebounding in the second half of the year despite taking a 1.5-billion-euro ($1.7-billion) hit from US tariffs.

Stellantis, parent company for industry giants like Jeep, Dodge, and Ram, made the bold move to suspend its full-year financial guidance back in April, citing uncertainties regarding tariffs. On Monday, the company revealed some preliminary estimates for the first half of 2025, now that the tariffs have begun to take…

Jeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact of new US tariffs and took a massive charge following a change in US laws.

After four tumultuous years at the helm of Stellantis, Carlos Tavares unexpectedly stepped down last December, despite having another year left on his contract. The company took about six months to find a replacement, ultimately appointing Antonio Filosa late last month to lead the automotive conglomerate and its 14 car…

In hindsight, past mistakes often become much clearer. However, Carlos Tavares denies being fired after clashing with people within Stellantis. Instead, he chose to leave on his terms following what he described as a “very mature” conversation with chairman John Elkann, who also holds the same role at Ferrari. Tavares,…

Many problems will land on Stellantis CEO Antonio Filosa's desk soon. The biggest of all: transitioning to become an electrified car company.