CAR giant Stellantis has promised to revive a hugely popular model that has been on hiatus since 2023 as part of a plan to breathe new life into the struggling company.
The mega-firm has faltered in recent times and has suffered a $2.6 billion loss in the first half of 2025, according to their new CEO.
The new CEO of Stellantis, Antonio Filosa, believes new product launches and overall changes will help kickstart a revival for the company[/caption]
This includes a combustion-powered Charger Sixpack to supplement the electric Charger Daytona (pictured)[/caption]
Jeep will also revive the much-loved Cherokee model, which was axed in 2023[/caption]
The last generation of the Cherokee suffered from a lack of investment[/caption]
The HEMI V8 engine is also set to return to Ram trucks[/caption]
Like many car brands, Stellantis – who holds marques such as Dodge, Ram Trucks, Chrysler and Jeep, as well as European makers like Alfa Romeo, Citroen and Fiat – has stumbled as a consequence of the tariffs imposed by President Donald Trump.
According to the Detroit Free Press, Stellantis’ financial performance so far this year, when compared with the same period in 2024, means they’ve experienced a 13% decline in revenue.
Last year, after several years of poor performance, CEO Carlos Tavares was shown the door with Antonio Filosa, the former head of Jeep, handed the role of leading the company.
Filosa has since admitted Stellantis has faced numerous challenges but also claimed their new product launches and overall changes will help kickstart a revival.
“2025 has been and will be a tough year. These (first-half) results make that clear,” Filosa added.
Indeed, a combination of “tough decisions” and new products will be their main strategy going forward, which includes a gasoline-powered version of the new Dodge Charger and the return of the HEMI V8 to Ram trucks.
The new combustion-powered Charger Sixpack will be launched to supplement the electric Charger Daytona – Dodge’s first electric muscle car.
Early sales data has indicated a relatively low volume of sales for the electric Charger Daytona compared to other models – with some believing it fails to appeal to traditional muscle car enthusiasts.
On the return of the HEMI, Filosa noted that Ram saw 10,000 preorders for the 2026 model year trucks within 24 hours of the announcement.
But best of all, a revived Jeep Cherokee – which has been on ice since 2023 – is perhaps the cornerstone to their return to profitability.
Beloved for its rugged versatility, the last generation of the Cherokee suffered from a lack of investment – which saw it struggle to remain competitive.
The model will reportedly be an all-new design and distinct from the previous gen, and is expected to go on sale later this year.
COST CUTTING
Stellantis has also cut costs by triggering an exit from their three-way hydrogen fuel cell partnership with tiremaker Michelin and auto supplier Forvia.
Filosa said the departure came because “there is no path to profitability” in the hydrogen fuel cell industry.
However, a more pressing concern is the tariffs imposed by President Trump, which Stellantis expects will cause them to lose approximately $1.7 billion.
Oosterman, the CFO, said the company is “engaged in discussions with various policymakers” regarding tariffs.
On the tariffs, Filosa added: “Since day one we understand and we support the general strategy of President Trump’s administration to boost job creation and US production.”
What items will be affected by the tariffs?
AMERICANS should prepare to see significant prices changes on everything from avocados to cars under President Donald Trump’s new global tariffs.
Here is a list of some of the everyday products that could see a massive price tag surge.
- Coffee
- Tea
- Bananas
- Foreign-made cars
- Sneakers
- Furniture and other home goods
- Pharmaceuticals
- Video games
- Clothing
- Toys
- Washers and dryers
- Avocados
- Housing materials
