financetom
Business
financetom
/
Business
/
Stellantis' newly appointed CEO chooses Europe for first leg of company tour
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Stellantis' newly appointed CEO chooses Europe for first leg of company tour
May 29, 2025 4:18 AM

MILAN (Reuters) -Stellantis' newly appointed CEO Antonio Filosa on Thursday picked Europe to kick off a tour of the automaker's production sites and offices before formally taking up his new job at the end of next month.

Filosa's decision to begin his visits on the continent signalled an intention to start building solid relations in Stellantis' number two market after North America, having led the latter since October.

Stellantis, the maker of brands including Jeep, Fiat, Peugeot, Chrysler and Opel, has seen its European market share decline over the last two years and also faces regulatory uncertainty as many expect the European Union could slow the shift towards auto electrification.

Although Italian by nationality, Filosa, now based in the United States, has hardly ever worked in Italy or Europe. The CEO joined Fiat, now part of Stellantis, in 1999, where he held several roles, predominantly in Latin America.

On Thursday morning Filosa was at the historic Italian Mirafiori plant, in Turin, Stellantis said.

A source said he was scheduled to meet local management in the afternoon in the northern city which is home to Fiat. The source added that on Wednesday, the day of his official appointment, Filosa had already been in France, in Paris and at the Peugeot facility in Sochaux.

Meetings with unions have not been scheduled and he is not expected to make any official appearances in his new role before June 23.

Filosa will visit Stellantis' operations in Spain on Friday and is expected to be in Germany on Monday, the source said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved