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Stellantis plans turnaround strategy after stock drops nearly 30% under CEO Filosa's first year.

Market News
20 May 2026
CNBC
View Source
Bearish
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Stellantis' stock has fallen nearly 30% since Antonio Filosa became CEO nearly a year ago. Filosa and his team will present a detailed turnaround plan during a capital markets day, focusing on key brands like Jeep, Ram, Fiat, and Peugeot, cost reductions, and a path back to profitability after a €22.3 billion loss last year. Despite challenges including market share losses and shifting electric vehicle strategies, Filosa calls 2026 the "year of execution" with a focus on growth, cost-cutting, and strategic partnerships, especially in North America, Europe, and China. Investors await clear targets and a credible roadmap for sustainable growth and improved margins.

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