Stellantis Marks Five-Year Milestone With a Jeep and Ram Turnaround
Five years after the Fiat Chrysler–Groupe PSA merger created Stellantis, U.S. shares have fallen about 43% (Italian listings ~40%), after investor optimism gave way to disappointing results tied to cost cuts and a large EV push; new CEO Antonio Filosa is steering a US-focused turnaround that prioritizes Jeep and Ram to regain market share, while considering shrinking or refocusing other brands. Filosa has pledged a 'year of execution' and will outline further steps at a capital markets day, with recovery hopes pinned on closer dealer relations and a leaner product plan after former CEO Carlos Tavares left in 2024.
