Stellantis Announces Leadership Change in North America
Stellantis has appointed Pablo Di Si to lead its North American operations, succeeding Antonio Filosa.
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Stellantis has announced a further week of production suspension at its Mirafiori plant in Italy, citing a continued lack of materials.
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Stellantis has appointed Pablo Di Si to lead its North American operations, succeeding Antonio Filosa.
Stellantis shares rose following reports that the company is exceeding its cost-saving targets, even as it faces production challenges in Italy due to electronic component shortages.
Stellantis has named Sandeep Bhambra as the new Director of Design for its Citroën and DS Automobiles brands, effective November 2, 2026.
Stellantis, alongside other major automakers, has filed a legal brief supporting the U.S. Transportation Department's revised fuel economy requirements.
Stellantis stock surged 15% after Q3 results showed €828 million in cost improvements and adjusted operating income rising to €256 million. However, progress is uneven: North America swung to profitability with a 0.4% margin, while Europe deteriorated significantly, moving from a €157 million profit to a €311 million loss due to higher EV sales and pricing pressure. The company's turnaround is gaining traction but remains fragile, with the key challenge being translating cost savings into broader profitability across all regions.
Stellantis has officially shut down its long-standing engine manufacturing facility in Douvrin, France, as part of its transition toward electric vehicle production.