Below are the challenges awaiting it to repair brands such as RAM, Dodge and Jeep

After nearly 6 months of long search, Big Three Automank Stelantis (pressureFinally, the new CEO.

The brand behind Dodge, RAM and Gyb The Matat said that the Board of Directors was “unanimously” that Antonio Velaosa, an old warrior in the company and something COO, as a new executive. His term begins on June 23, and temporary CEO John Elcan (Skion of the Aghanili family who has a majority share in Stellantis) will remain CEO.

Stelantis did not change a little in early trading in New York, as Filaosa was already It is said on the short list Candidates CEO.

Although it is strange that Stelantis needed six months to name an internal candidate as its executive head, Filaosa may be better than the interior in the company’s executive menu, and perhaps better to continue to turn the company.

“I have worked closely with Antonio over the past six months in which his responsibilities have increased, and his strong and effective leadership that extends both in North and South America has confirmed in a moment of unprecedented challenges the excellent characteristics he brings to this role,” Elcan said in a statement.

Velosa undoubtedly his work was cut. Yahoo Financial spoke to Velosa Nearly a year ago when Jeep, who went to him at the time, launched the new Wagoneer EV Suv. The pocket was at that time ImmersedWhen CEO CARLOS Tavares believes that high prices would enhance the Jeep image and profit.

The opposite happened, as buyers have avoided relatively expensive wrestling capacities and Grand Cherkee. In a transformation step, the jeep reduced the price to move the stock, and reduced the prices of new vehicles for 2025.

Michael Tyndall, HSBC analyst, believes that Filaosa is a strong choice for the CEO.

“On paper, his autobiography appears to be suitable for this role,” Tindal wrote in a note for customers, noting that he is an “automatic man” exclusively in industry for more than 25 years, and he is an Italian citizen, so he understands Europe (where he relies on Stelantis), where a big deal is made in South America (you the largest source of profit), and life anywhere.

In fact, there is a heavy lifting in North America. In addition to dropping inventory and introducing new products in the United States, which resonates with customers, Filaosa needs to address long and long problems with United Auto workers (UAW).

Among the UAW workers are the unclear situation of plants such as the Jeepa Association facility in Belvidere, Ill. After a lot back and forth, Stelantis said that production would return there in 2027, But this is still not certain.