Latest news with #DareForward2030
Motor 1
26-06-2025
- Automotive
- Motor 1
Stellantis Boss Tells Employees to Stop Describing Themselves as Former FCA or PSA Workers
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 brands. Born in Naples, the Italian executive is taking on a dual role, retaining his position as head of North America and American Brands. Filosa is now reviewing Stellantis' long-term 'Dare Forward 2030' strategy to determine whether adjustments are needed. Before making any major decisions, he's asking employees to stop identifying themselves as former Fiat Chrysler Automobiles or Peugeot Citroën staff. As a reminder, the FCA-PSA merger was finalized in early 2021. Instead, the new CEO wants the roughly 250,000 employees to embrace a unified identity: 'We are Stellantis.' Photo by: Stellantis That approach makes sense. After all, it's already been four years since the mega-merger. With a new CEO and leadership team in place, Stellantis aims to move forward rather than remain anchored in the past. According to Automotive News , Filosa told employees they are free to 'speak up and be listened to,' emphasizing he doesn't intend to be a CEO who lives in an ivory tower. The former Jeep boss also believes past mistakes can be corrected: 'There is nothing wrong at Stellantis that cannot be fixed with what is right at Stellantis.' The company has already dismissed persistent rumors about offloading its struggling Maserati luxury brand, signaling continued commitment to its many subsidiaries. Meanwhile, on the other side of the pond, Chrysler appears to have a future as well. Speaking of Maserati, some of its employees may soon be working more closely with those from Alfa Romeo. Santo Ficili, CEO of both Italian marques, recently hinted at deeper collaboration between the two. Staying in Italy, Lancia's relaunch has not gone as smoothly as hoped , while Abarth's shift away from combustion engines in favor of EVs could prove risky. All things considered, Filosa has a full plate as he manages a sprawling portfolio of brands, some of which are in urgent need of revitalization. Whether Stellantis can mirror the success of the Volkswagen Group remains uncertain. The challenges today are far more complex than during the era that helped VAG become a global powerhouse. Rising competition from China, stricter regulations, and escalating production costs are just a few of the hurdles legacy automakers now face. Catch Up With Stellantis: Regulatory Work Eats 25% of Stellantis Engineering Hours The Stellantis-Renault Merger Isn't Happening, Despite Rumors Source: Automotive News Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
Motor 1
26-06-2025
- Automotive
- Motor 1
Stellantis Boss Tells Employees to Stop Describing Themselves as Former FCA or PSA Workers
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 brands. Born in Naples, the Italian executive is taking on a dual role, retaining his position as head of North America and American Brands. Filosa is now reviewing Stellantis' long-term 'Dare Forward 2030' strategy to determine whether adjustments are needed. Before making any major decisions, he's asking employees to stop identifying themselves as former Fiat Chrysler Automobiles or Peugeot Citroën staff. As a reminder, the FCA-PSA merger was finalized in early 2021. Instead, the new CEO wants the roughly 250,000 employees to embrace a unified identity: 'We are Stellantis.' Photo by: Stellantis That approach makes sense. After all, it's already been four years since the mega-merger. With a new CEO and leadership team in place, Stellantis aims to move forward rather than remain anchored in the past. According to Automotive News , Filosa told employees they are free to 'speak up and be listened to,' emphasizing he doesn't intend to be a CEO who lives in an ivory tower. The former Jeep boss also believes past mistakes can be corrected: 'There is nothing wrong at Stellantis that cannot be fixed with what is right at Stellantis.' The company has already dismissed persistent rumors about offloading its struggling Maserati luxury brand, signaling continued commitment to its many subsidiaries. Meanwhile, on the other side of the pond, Chrysler appears to have a future as well. Speaking of Maserati, some of its employees may soon be working more closely with those from Alfa Romeo. Santo Ficili, CEO of both Italian marques, recently hinted at deeper collaboration between the two. Staying in Italy, Lancia's relaunch has not gone as smoothly as hoped , while Abarth's shift away from combustion engines in favor of EVs could prove risky. All things considered, Filosa has a full plate as he manages a sprawling portfolio of brands, some of which are in urgent need of revitalization. Whether Stellantis can mirror the success of the Volkswagen Group remains uncertain. The challenges today are far more complex than during the era that helped VAG become a global powerhouse. Rising competition from China, stricter regulations, and escalating production costs are just a few of the hurdles legacy automakers now face. Catch Up With Stellantis: Regulatory Work Eats 25% of Stellantis Engineering Hours The Stellantis-Renault Merger Isn't Happening, Despite Rumors Source: Automotive News Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
Reuters
25-06-2025
- Automotive
- Reuters
Stellantis has started review of long-term strategic plans, says new CEO
PARIS, June 25 (Reuters) - Stellantis' ( opens new tab has begun reviewing its long-term strategic plan, new Chief Executive Antonio Filosa told staff on Wednesday, in his first public appearance since officially taking over as head of world's No. 4 automaker. "We have already started looking at our long-term strategic plan, which we will share when we are ready," Filosa said in a video call from Turin in Italy, and which was shared by the company with reporters. The current "Dare forward 2030" long-term plan, presented in March 2022 by former CEO Carlos Tavares, aimed to double net sales by the end of the decade and maintain double-digit operating margins. However, Stellantis faced major commercial and operational difficulties in the United States and Europe last year, which forced it to abandon its annual targets, and eventually led to Tavares' departure. The current plan also aims for 100% of its sales in Europe and 50% in the United States to come from electric vehicles, with sales in new markets outside of those regions to increase to more than 25% of group sales.
Yahoo
01-04-2025
- Automotive
- Yahoo
Stellantis Annual General Meeting Live Webcast Available
Stellantis Annual General Meeting Live Webcast Available AMSTERDAM, April 1, 2025 – Stellantis N.V. announced today that a link for the live webcast of its Annual General Meeting for the approval of Stellantis N.V.'s 2024 financial statements will be made available on under the Investors section on the day of the event, April 15, 2025. # # #Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world's leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It's best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions, while creating added value for all stakeholders. For more information, visit @Stellantis Stellantis Stellantis Stellantis For more information, contact:Fernão SILVEIRA + 31 6 43 25 43 41 – ROUSSEL + 33 6 87 77 41 82 – Attachment EN-20250401-Stellantis-2025-AGM-Webcast-Available
Yahoo
03-03-2025
- Business
- Yahoo
Stellantis Publishes Agenda for 2025 Annual General Meeting of Shareholders
Stellantis Publishes Agenda for 2025 Annual General Meeting of Shareholders AMSTERDAM, March 3, 2025 – Stellantis N.V. today announced the publication of the agenda and explanatory notes for its 2025 Annual General Meeting of Shareholders (AGM), which is scheduled to take place on April 15, 2025, in Amsterdam. As the terms of office for seven of the Company's non-executive directors will conclude at the end of the AGM, the Stellantis Board of Directors has resolved to propose the re-election of Fiona Cicconi, Nicolas Dufourcq, Ann Godbehere, Claudia Parzani, and Benoît Ribadeau-Dumas. Additionally, the Board has nominated Daniel Ramot and Alice Schroeder for appointment as new non-executive directors. If elected, all proposed directors will serve a two-year term. Alice Davey Schroeder, a former Managing Director at Morgan Stanley and a senior advisor on Wall Street, brings extensive expertise in finance, accounting, and corporate governance. She currently serves on the boards of HSBC North America Holdings Inc., Dakota Gold Corporation, and Carbon Streaming Corporation, holding key roles in audit, compensation, and governance committees. A Certified Public Accountant, she holds an MBA and BBA from the University of Texas at Austin. Daniel Ramot, an Israeli-American entrepreneur and scientist, is the co-founder and CEO of Via, a global transportation technology company operating in over 35 countries. His previous experience includes serving in the Israeli Air Force and directing supercomputer development at D. E. Shaw Research. Ramot holds a in Physics and Mathematics from The Hebrew University, an in Electrical Engineering from Tel Aviv University, and a Ph.D. in Neuroscience from Stanford University. The Board believes that Schroeder's deep expertise in financial oversight and strategic leadership, combined with Ramot's extensive experience in technology, research, and innovation, will provide highly valuable insights and strengthen the leadership of Stellantis. The official notice of the AGM, along with explanatory notes and related materials - including biographies of the first-time non-executive director nominees - and voting instructions, are now available on the Investors section of the Stellantis corporate website at Shareholders may also request a printed copy of these materials, including Stellantis' audited financial statements for the year ended December 31, 2024, using the contact information provided below. # # #Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world's leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It's best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions, while creating added value for all stakeholders. For more information, visit @Stellantis Stellantis Stellantis Stellantis For more information, contact:communications@ Attachment EN-20250303-Stellantis-2025-AGM-AgendaSign in to access your portfolio
