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Stellantis Makes New Appointments to the Leadership Team As It Pursues Its Path to Recovery
Globenewswire· 2025-10-08 06:01
Stellantis Makes New Appointments to the Leadership Team As It Pursues Its Path to Recovery AMSTERDAM, October 8, 2025 – Building on the positive momentum established in recent months and ahead of the upcoming 2026 presentation of its updated strategy, Stellantis N.V. today announces the following new appointments to its Stellantis Leadership Team (SLT). Emanuele Cappellano is appointed Head of Enlarged Europe and European Brands, in addition to his current role leading Stellantis Pro One. Jean-Philippe Im ...
Stellantis Said to Explore Sale of Car-Sharing Unit Free2move
Yahoo Finance· 2025-10-02 09:03
Core Viewpoint - Stellantis NV is considering selling its car-sharing business Free2move as part of a strategy to refocus on core assets and improve profitability under new CEO Antonio Filosa [1][2] Group 1: Business Strategy - The potential sale of Free2move is part of Filosa's plan to exit unprofitable businesses and concentrate investments in key regions, particularly the US [2] - Stellantis is undergoing a broader review of its portfolio and industrial footprint, aiming to present a new business plan to investors in the first quarter of next year [1][2] Group 2: Financial Performance - The company has reported its first quarterly sales gain in the US in over two years, indicating that the shift in focus may be yielding positive results [3] - Following the news of the potential sale, Stellantis shares rose by as much as 7.6% in Milan, reflecting investor optimism [3] Group 3: Historical Context - Free2move was launched in September 2016 by PSA Group and was part of Stellantis's strategy to expand in mobility services, which has faced challenges in building successful business models [5][6] - The previous CEO, Carlos Tavares, had ambitious plans for Free2move, including a target of 15 million active users and net revenues of €2.8 billion, but these plans have been scaled back under the current leadership [6]
Stellantis to Participate in Bernstein’s 41st Annual Strategic Decisions Conference
Globenewswire· 2025-05-21 12:05
Core Insights - Stellantis will participate in Bernstein's 41st Annual Strategic Decisions Conference on May 29, 2025, featuring a fireside chat with CFO Doug Ostermann [2] Company Overview - Stellantis N.V. is a leading global automaker with a diverse portfolio of brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move, and Leasys [3]