Stellantis in Europe is betting on hybrids for the near future, a strategy that's likely to make its way to North America.

Filosa also moved Jeff Kommor back to his previous role as U.S. head of sales after a disastrous year that saw Stellantis lose nearly 2 points of market share while inventory piled up at dealerships. Tavares had reassigned Kommor to a commercial sales role in February 2024.

The mooted Honda Nissan merger and the fallout from leadership change at Stellantis suggests the auto industry must brace for turmoil, where size is a survival necessity.

Stellantis' said on Thursday its fourth quarter shipments were down 9% compared to the previous year, to 1.395 million vehicles.

In a report released today, Michael Jacks from Bank of America Securities reiterated a Buy rating on Stellantis (STLA – Research Report), with

The automaker said its inventory reduction efforts worked, with an 80,000-vehicle drop in the U.S. over the fourth quarter.

Tim Kuniskis retired from Stellantis at the end of May 2024, after 32 years doing everything for the company but mop the floors. He had been CEO of the Dodge brand and then also the Ram brand for his final year, when there may have been a few too many disagreements with his boss, Stellantis CEO Carlos Tavares.

Stellantis reported its global deliveries fell by 9% to 1.395M vehicles during Q4 2024 amid inventory reduction initiatives in the U.S.

Hyundai Motor's U.S. unit, Chrysler-parent Stellantis and Delta Air Lines on Monday each announced they are among companies donating $1 million to President-elect Donald Trump's inaugural fund.

The automaker previously sat out from giving to past inaugurations but now joins a growing list of companies pledging money to Trump's festivities.

Newly installed Ram CEO, Tim Kuniskis, says removing its Hemi-V8 engine made Americans feel like their freedom was being taken away.