New CEO appointed for Stellantis after stock plummets 56% in the past year

From Yahoo Finance: 2025-06-07 07:30:00

Stellantis’ stock has plummeted 56% over the past year, prompting the appointment of a new CEO, Antonio Filosa, to repair strained relationships with dealers and suppliers. The automaker faces challenges due to tariffs and issues stemming from the merger of Fiat Chrysler Automobiles and PSA Group. Filosa must navigate tough decisions about brand investments and address the company’s rocky relationships with suppliers. Despite a low price-to-earnings ratio and high dividend yield, uncertainty surrounds Stellantis’ future, making it a risky investment. The company is working to rebuild sales and relationships while facing tariff concerns.



Read more at Yahoo Finance: Is a New CEO Reason Enough to Buy a Stellantis Turnaround?