Stellantis disclosed the postponement of its strategic plan announcement to the first half of 2026 providing CEO Antonio Filosa additional preparation time amid regulatory and trade uncertainties. The decision shared during an analyst call addresses U.S. tariffs on imports from Mexico and Canada which account for over 40 percent of the company’s 1.2 million U.S. sales in the previous year. The French-Italian-American automaker faces potential €1.5 billion costs from a 25 percent tariff rate implemented by Washington.
In Europe the delay accommodates the EU Commission’s review of its 2035 zero-emission regulation set for completion by year-end. Shares fell 7.3 percent on October 13 2025 following preliminary Q3 sales data but rebounded 4 percent the next day. The company expects to communicate final timing soon with an update on shipments and revenue scheduled for October 30 2025.
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Background on CEO Transition and Associated Challenges
Antonio Filosa assumed the role of CEO in June 2025 succeeding Carlos Tavares amid declining U.S. market performance and inventory issues for Jeep and Ram brands. Filosa initiated management reshuffles promoting associates to key positions and committed to new vehicle launches to regain customer interest. The strategic plan originally targeted for Q1 2026 now shifts to Q2 enabling assessment of external factors such as tariffs and EU policy changes.
Over 40 percent of U.S. vehicles sold by Stellantis last year were imports subject to the tariff affecting models like the Ram 1500 and Jeep Wrangler produced in Mexico. The company reported Q3 shipments at 1.3 million units up 13 percent year-over-year driven by North American recovery.
The US Tariffs have added to the woes (As if European Regulations were not enough)
The 25 percent tariff on imports from Mexico and Canada poses a €1.5 billion challenge for Stellantis with potential increases if extended to other regions. Filosa noted in July 2025 that the scenario remains unresolved impacting production decisions for facilities like the Toluca plant in Mexico producing the Jeep Compass. The company shipped 564 000 imported units to the U.S. last year compared to General Motors at 750 000 and Ford at 420 000 highlighting exposure across Detroit’s Big Three. Strategies include localizing production with a $5 billion U.S. investment announced alongside a $10 billion commitment for operations. Q3 sales figures indicate progress with September market share gains and positive order trends.
The EU’s 2035 zero-emission mandate review due by year-end influences Stellantis’ electrification strategy with the company engaging policymakers on feasibility and timelines. The regulation requires all new cars and vans to produce zero CO2 emissions potentially accelerating battery electric vehicle adoption. Stellantis plans to launch 25 new models by 2026 including hybrids and EVs to comply while managing costs from supply chain shifts. The delay allows integration of review outcomes into the plan affecting investments in platforms like STLA Large and STLA Medium. European sales represent 30 percent of global volume with Italy and France as key markets.
Stellantis shares dropped 7.3 percent on October 13 2025 after an initial rally on Q3 preliminary data but recovered 2.9 percent the following day reaching 4 percent rebound by mid-session. The market reaction reflects caution over strategic pivots under new leadership with Barclays noting premature re-engagement pending financial clarity. Q3 shipments rose to 1.3 million units up 13 percent year-over-year primarily from North American gains where inventory reductions supported pricing stability. Revenue and adjusted operating income updates will be communicated on October 30 2025 and the hope is to achieve some much needed positive momentum from U.S. September performance.
