Sergio Marchionne protégé Antonio Filosa inherits a group which suffered a 70% plunge drop in net profits in 2024
Owner of Peugeot and Fiat brands picks internal candidate to succeed Carlos Tavares
One in five chiefs in the top 50 auto groups has stepped down over the past 12 months
John Elkann says Trump has been more effective in outlining policy to boost car manufacturing
Maxime Picat, one of two internal candidates for next group CEO, ‘shocked’ at foreign groups’ loss of market share
Carmakers report falls in quarterly earnings and hold back on forecasts for year ahead
Extra costs have hit price competitiveness of many groups while some have struggled to expand distribution networks
Component facilities in Michigan and Indiana are hit after carmaker idles production in Canada and Mexico
Former chief executive receives €23mn for 2024, despite deteriorating results for maker of Fiat and Jeep cars
Aston Martin to cut 5% of its global workforce in effort to shrink costs
The new CEO for Chrysler and Jeep owner will still need to overcome weak European demand and rising Chinese competition
Proposed spending comes after carmaker’s chair met Donald Trump before his inauguration
Carmaker continues search for new CEO having committed to making 1mn vehicles in Italy by 2030
The car in front is no longer a Stellantis — but Ferrari’s performance shows betting on billionaires is here to stay
Fiat owner to increase production as it looks to rebuild bridges following ousting of Carlos Tavares
Deal for Spanish plant comes despite EU efforts to reduce reliance on Chinese technology
Large part of Carlos Tavares’ performance-based remuneration lost due to the car company’s declining profits
Portuguese boss refused to budge on pace of EV transition as cries from suppliers, workers and government grew louder
Departure of chief executive Carlos Tavares does not take carmaker much closer to recovery
World’s fourth-largest carmaker has suffered a sharp decline in profits this year
About 1,100 jobs at risk as carmaker says government mandate played a ‘significant role’
Amid falling prices for metal, French group’s Indonesia head says Chinese partners have become expert in downstream cost efficiencies
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventory
A painful EV transition for the Stellantis-owned brand has shaken its home city of Turin and sparked an acrimonious spat with Rome
Carlos Tavares says industry will suffer from prolonged period of investing in both traditional engines and battery-powered cars
