Stellantis NV Faces Challenges Under New CEO
Stellantis NV, a multinational automobile and commercial vehicle manufacturer, is addressing various challenges under its new CEO Antonio Filosa. The company is experiencing sales and industry pressures, as well as working to resolve issues from its past.
Industry Analysis and Outlook
Analysts have mixed views on the company’s future, with differing recommendations:
- One analyst recommends a buy
- Another advises to hold
Company Developments
Stellantis is adjusting its electric vehicle strategy and has received support from China to expedite exports of critical minerals.
Recall and Potential Impact
The company has initiated a recall of over 250,000 vehicles in the US due to airbag defects, which may impact its stock price.
Stock Price Performance
The stock price has been relatively stable, but analysts predict a moderate increase in the coming months.