Stellantis CEO says automaker is stronger together as stock plummets amid $26 billion charge [MSNBC.com]
Stellantis N.V. Common Shares (STLA)
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Source: MSNBC.com
In this articleStellantis CEO Antonio Filosa speaks during an event in Turin, Italy, Nov. 25, 2025.Daniele Mascolo | ReutersDETROIT —"Stellantis is a very strong global company that is very proud to have very deep regional groups," Filosa, an Italian native, told reporters during a media call. "It makes all of sense to stay together. We want to stay together for many years to come."His comments come hours after the company announced22 billion euros ($26 billion) in chargesFilosa described the actions as an "important strategic reset of our business model, with the only intention to put our customer preferences back at the center of what we do globally and in each regions." He said the"mission is to grow"Stellantis stock plunged more than 20% in Milan and New York markets.Filosa on Friday did not specifically rule out the possibility of regionally refocusing or shrinking the company's vast portfolio of 14 auto brands that includes U.S. brands Jeep, Ram and Chrysler, as well as Italian
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- Stellantis takes massive $26B hit after moving away from EVs [Yahoo! Finance]Yahoo! Finance
- Stellantis shocking announcement leads to huge stock decline [Yahoo! Finance]Yahoo! Finance
- Stellantis announces $26 billion hit from business overhaul; shares plunge [MSNBC.com]MSNBC.com
- Stellantis stock plunges on $26B hit as it pivots away from EVs [Yahoo! Finance]Yahoo! Finance
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- STLA's page on the SEC website