Cheaper cars and “perfect” technology: Stellantis’ CEO listens to customers
05/10/2026 12:05
Updated to
05/10/2026 12:07
Stellantis has taken a new course, as reflected in its CEO’s recent statements. Just days ago, Antonio Filosa revealed the group’s mistakes with electric vehicles, attributing them to an attachment to certain ideologies; now, this Italian executive outlined the group’s plans for the near future at a press event in Detroit, as reported by the Detroit News.
There, Stellantis Group’s CEO discussed what he sees as a “huge opportunity” to launch “cheaper cars” in the United States and Europe, following losses of over 21 billion euros last year. Filosa made it clear that Stellantis will listen to customers and dealers.
Cheaper cars: Stellantis’ shift in favor of customers
In Detroit, Stellantis’ CEO announced the launch of 11 new models over the next five years, with up to 7 expected to cost less than $40,000 or €35,600 at current exchange rates. The group will pursue a similar approach in Europe, introducing affordable models such as the upcoming electric Panda priced at €15,000 or the Fiat Multiplay.
Yet beyond these cheaper cars, what’s most significant is the group’s strategic and technological shift: Filosa has stated that he aims for Stellantis to generate a profit of €3 billion by 2028. This isn’t just “a recommendation; it’s a commitment to investors.”
To achieve this, Stellantis will listen to customers. Unlike its previous strategy regarding electric vehicles, it now states that the group’s shift toward new models—which will feature “perfect” technology in the United States—is driven by “customer preference.”
The new “perfect” technology for these customers
Filosa noted that Stellantis’s new motto focuses on [customers'] “right to choose” and that the group will listen to them as well as its distributors, all to determine “what exactly we need to change in our product portfolio.”
In this regard, Filosa emphasized the Group’s new cheaper cars but also a “perfect” technology. He is referring to extended-range electric vehicle technology — or EREV or REEV — which its Chinese brand Leapmotor has popularized in Europe with the C10 REEV — which we have already tested — or the B10 EREV with a range of 900 km; and which the Group wants to introduce in the United States.
Filosa believes this technology is “perfect for a niche of users” who value motor torque, power, and towing capacity, so Stellantis will launch this technology in the Jeep Grand Wagoneer SUV and its RAM 1,500 pickup.
