2026 is the “execution year” of the recovery plan


Antonio Filosa, CEO of Stellantis, speaks during an event in Turin, Italy, on November 25, 2025.

Daniele Mascolo | Reuters

DETROIT— stellantis CEO Antonio Filosa sees 2026 as a year of execution for the beleaguered Jeep, Ram and Dodge vehicle maker in the United States after years of declines in market share.

Filosa has been carrying out a turnaround plan since he was named CEO in May. His plans so far include prioritizing the company's Jeep and Ram brands in the United States, as well as undoing many decisions his predecessor Carlos Tavares made to focus on all-electric vehicles.

“The strategy we have in front of us is solid and will lead to growth if we execute it well,” he told reporters Wednesday during the Detroit Auto Show. “So, I think it's a year of execution.”

Filosa, who was wearing a Jeep vest over a white button-down shirt, said this year is a “first step” in restructuring the company, which was formed five years ago through the merger of Fiat Chrysler and French automaker PSA Groupe.

He declined to discuss details, adding that his executive team will lay out a detailed future strategy for the automaker at a capital markets day in the first half of this year.

Filosa did not rule out the possibility of reorienting regionally or reducing the company's extensive brand portfolio, which also includes Italian brands Fiat and Alfa Romeo, which have not performed well domestically.

Filosa said he believes the company wants to “stay together” after some Wall Street speculation in recent years that it would be better off selling assets or brands.

“We're building a culture,” Filosa said.

Filosa said the next step in the company's plans will come next week during a meeting with more than 200 company executives that will focus on the company's capital markets day as well as company culture and execution in 2026.

“We are a global company with strong regional roots,” Filosa said, referring to one of the three guiding cultural principles he tries to instill in the company. The others focus on the customer and work together.

Stellantis' global sales under Tavares fell 12.3% from 6.5 million in 2021 (the year the company was formed) to 5.7 million in 2024. That included a roughly 27% collapse in the U.S. in that period to 1.3 million vehicles sold. The automaker fell from fourth to sixth place in U.S. sales, going from 11.6% market share to 8% during that period.

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