Milan: Stellantis NV, the global automotive giant formed from the merger of Fiat Chrysler and PSA Group, has announced a postponement in unveiling its latest strategic plan. Initially expected sooner, the plan will now be presented in the second quarter of 2026. The delay aims to provide newly appointed CEO Antonio Filosa with sufficient time to prepare for the company’s capital markets day, ensuring a comprehensive strategy rollout.
According to Ed Ditmire, Stellantis’ global head of investor relations, the postponement will allow the company to incorporate "critical exogenous factors" such as U.S. tariffs and ongoing policy engagements in Europe. Ditmire emphasized that final decisions regarding the timing will be communicated promptly once made, signaling the company’s cautious and calculated approach amid global market uncertainties.
The announcement had immediate repercussions in the stock market. Stellantis shares fell by 7.3% on Friday following early gains from preliminary third-quarter sales data but rebounded by 4% on Monday. Analysts from Barclays have observed growing investor interest in Stellantis, citing positive developments such as September U.S. market share performance and robust order momentum. However, they caution that full investor confidence remains tentative due to limited visibility on adjusted operating income and free cash flow, especially as the new management team navigates a significant strategic pivot.
Stellantis is scheduled to release an update on shipments and revenue figures on October 30, which will provide further clarity on the company’s operational performance and the effectiveness of ongoing strategic initiatives. This delay reflects Stellantis’ intention to ensure that its new strategic direction under Filosa is both well-informed and resilient in the face of global economic and regulatory challenges.