Stellantis continues to fall in the stock market following the announcement of Antonio Filosa’s FaSTLAne 2030 plan

Although it would be premature to draw any definitive conclusions at this stage, it appears to be the case Investor Day from Stellantis presents Antonio Filosa neither appeased nor convinced all the markets. On the Paris Stock Exchange, trading in Stellantis shares was even suspended for several minutes after a 6% slide. To explain this decline, we need to go back to certain points FaSTLAne 2030 Plan… whose poor relative is Europe.

In the Europe zone, there will be a significant reduction in annual production capacity of 800,000 units through the conversion of certain locations such as Poissy e.g. in France and the development of partnerships mainly with Chinese manufacturers, such as e.g Jump engine for factories Zaragoza AND Madrid in Spain, or Dongfeng for the website Rennes In France.

In Europe, on the social side, the ball has already begun

Stellantis’ goal is to recover “60% to 80% capacity utilization rate by 2030”. Needless to say, a 60% rate is clearly inadequate and detrimental to profitability. Very prosaically, the plan actually envisages reducing production capacity by around 20%with total European capacity estimated at 4 million units.

The group assures that it intends to preserve jobs in the industry, but the union representative is under no illusions: “We can say that jobs will be saved, it’s a media game, but in reality, reading the plan, we see that the ball has already gone to Europe. The social damage and job losses will happen later, as they often do.”

Stellantis shares have lost more than 20% since Antonio Filosa became CEO

to date the plan did not convince either the French social partners or the marketplaceshares fall significantly in Milan or Paris, for example, but they also fall in the United States. At the end of the results for the first quarter of 2026, the relative improvement did not arouse much enthusiasm among analysts. For example, analystsSpecial BHF evoked “mixed results”pointing out that Stellantis disappointed in North America with a margin of only 1.6%, and even negative once adjusted for exceptional elements related to the IEEPA (International Emergency Economic Powers Act, Tariffs).

Since leaving Carlos Tavaresthe Stellantis title has lost 30% and is down 21% since Antonio Filosa took office.