Stellantis CEO Sees Return to Profit in North America Region

Stellantis NV Chief Executive Officer Antonio Filosa said the carmaker’s core North America region will return to profitability this year, turning around from steep losses tied to a reset of its electric-vehicle ambitions.

Speaking to analysts during an earnings call, Filosa on Thursday touted traction at Stellantis’ Ram truck and Jeep SUV brands with new models and derivatives driving sales. This includes the Hemi V-8 engine and Cherokee model that are starting to hit dealerships.