News Brief: Stellantis Five Years After Merger
Summary
Five years after its $52 billion transatlantic merger, Stellantis faces significant challenges. Its U.S. stock is down ~43%, and a new CEO is implementing a turnaround plan focused on U.S. brands Jeep and Ram.
Key Points
- Stock Performance: U.S. shares have fallen roughly 43% since the Jan. 2021 merger. Shares had been up significantly until troubling 2024 financial results.
- Leadership Change: New CEO Antonio Filosa succeeded Carlos Tavares in mid-2024. Tavares, credited with forming Stellantis, left abruptly amid sales and profit struggles.
- New Strategy: Filosa is executing a sales turnaround, repairing relationships with dealers/unions, and reprioritizing products away from an aggressive EV push. Cost-cutting fixation under prior leadership is cited as damaging.
- Brand Portfolio: Filosa did not rule out regionally refocusing or shrinking the vast brand portfolio (including Fiat, Alfa Romeo) but believes the company should “stay together” for now.
- Current Focus: Filosa calls 2025 a “year of execution,” with an upcoming leadership meeting to solidify plans for capital markets day and 2026 goals.
新闻简报：合并五年后，Stellantis现状
摘要
完成520亿美元的跨大西洋合并五年后，Stellantis面临重大挑战。其美股股价下跌约43%，新任CEO正在实施一项专注于美国品牌Jeep和Ram的转型计划。
关键点
- 股价表现：自2021年1月合并以来，美股股价已下跌约43%。在2024年财务问题出现前，股价曾有大幅上涨。
- 领导层变更：新任CEO安东尼奥·菲洛萨于2024年中接替卡洛斯·塔瓦雷斯。塔瓦雷斯虽被公认是公司的组建者，但在销售和利润困境中突然离职。
- 新战略：菲洛萨正在执行销售转型，修复与经销商/工会的关系，并重新调整产品优先级，不再激进推动电动车。此前领导层对成本削减的执着被指造成了损害。
- 品牌组合：菲洛萨不排除对庞大品牌组合（包括菲亚特、阿尔法·罗密欧）进行区域重心调整或收缩的可能性，但目前认为公司应”保持团结”。
- 当前重点：菲洛萨称2025年为”执行之年”，即将举行的高管会议将确定资本市场日及2026年目标的计划。
Original Article Link: https://www.cnbc.com/2026/01/19/stellantis-stock-stla-five-year-anniversary.html