Stellantis Delays Strategic Plan to 2Q26 Amid Trade Uncertainty

Stellantis is postponing the unveiling of its new strategic plan to 2Q26, citing regulatory and trade uncertainties in key markets, the company said. CEO Antonio Filosa, who took the helm in June, faces challenges from US tariffs and pending European Union regulations affecting the automaker’s operations.

“While we had initially indicated 2Q26, it is now more accurate to say 1H26,” Stellantis global head of investor relations Ed Ditmire told analysts on Oct. 10, according to a transcript. The delay allows the company to address “critical exogenous factors,” including US tariffs and “the robust engagement of our industry with policymakers in Europe.”

Filosa previously warned that US tariffs could cost Stellantis €1.5 billion (US$1.73 billion) in 2025. Over 40% of the 1.2 million vehicles the company sold in the United States last year were imports, primarily from Mexico and Canada, subject to 25% tariffs. The CEO has reshuffled top management, promoted close associates to key roles, and pledged new vehicle launches to reconnect with customers after a challenging 2024.

“We expect to make final decisions on timing relatively soon and communicate them promptly,” Ditmire added. In Europe, Stellantis is awaiting the European Commission’s review of the 2035 zero-emission vehicle regulation, expected by year-end, which will shape planning and product strategy.

Stellantis shares fell 7.3% on Oct. 10 after preliminary third-quarter sales data were released but rebounded 2.9% by Oct. 13 at 12:37 GMT. Barclays analysts noted that the market reaction reflected limited new information, highlighting positive elements such as US September market share and order momentum, while cautioning that visibility on operating income and free cash flow remains limited.