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Stellantis has named its North American boss Antonio Filosa as chief executive, picking an internal candidate to rebuild its US business and navigate an industry upended by Donald Trump’s tariffs.
The board chose the 51-year-old Italian and former boss of its Jeep brand to replace Carlos Tavares, who resigned abruptly in December following a sharp decline in sales in the US and Europe.
“Antonio’s deep understanding of our company, including its people who he views as our core strength, and of our industry equip him perfectly for the role of chief executive officer in the next and crucial phase of Stellantis’ development,” chair John Elkann said on Wednesday.
The owner of the Peugeot, Fiat and Opel brands last month pulled its full-year forecasts owing to the uncertainty unleashed by the US president’s trade war.
This is a developing story