After 4 tumultuous years on the helm of Stellantis, Carlos Tavares unexpectedly stepped down final December, regardless of having one other 12 months left on his contract. The corporate took about six months to discover a alternative, in the end appointing Antonio Filosa late final month to steer the automotive conglomerate and its 14 automobile
Maserati isn’t doing effectively. Gross sales for the Italian model collapsed in 2024, they usually noticed a 48 % decline by the primary three months of 2025. That’s bleak. The poor gross sales have led to rumors that Stellantis may promote the Italian model, however the automotive conglomerate continues to disclaim any such allegations. Stellantis
Stellantis is already wounded. The conglomerate watched as gross sales and income nosedived by 2024, finally resulting in the abrupt resignation of its former CEO, Carlos Tavares. This was presupposed to be a 12 months of rebuilding for the corporate, however with Trump’s steep tariffs now in impact and no indication of stopping, issues at
The Dodge, Ram, and Jeep lineups are poor in a single essential factor—Hemi V-8 engines. Sure, the 5.7- and 6.2-liter V-8s proceed to energy the current-generation Durango, and the Jeep Wrangler 392 exists with the 6.4, however the engine is lacking from different vital fashions like the brand new Charger and 1500. Nonetheless, a brand new
There have been a number of modifications at Stellantis in the previous few months. The CEO is gone, and the American manufacturers have extra freedom in deciding their future. That is quite a bit to deal with, however one factor Dodge, Jeep, Ram, and Chrysler doubtless will not have to fret about is any new
Stellantis is mending fences within the aftermath of the stormy management of Carlos Tavares, which delivered unbelievable earnings but additionally badly broken relations with unions, merchants, politicians and suppliers. “These are areas the place I clearly suppose we have to construct confidence again,” Stellantis CFO Doug Ostermann mentioned at a banking convention in December. The
The California Air Sources Board (CARB) and Fiat Chrysler Vehicles (FCA) reached a settlement concerning alleged violations of emission rules for diesel engines. FCA can pay a nice of $4,185,820 for violating CARB air high quality rules in sure diesel-powered Ram ProMaster vans. The violations contain ProMasters from 2014 by means of 2016 geared up