Veytics Intelligence
2026-10-12 · CNBC

Stellantis CEO urges incentives for carmakers who build in Europe as Chinese rivals gain ground

Stellantis' CEO has called on European regulators to create stronger incentives for carmakers to manufacture vehicles in the region, as it faces intensifying competition from Chinese rivals that are dominating the market. Antonio Filosa, who has served at the helm of the automotive giant since 2025, spoke with "CNBC Conversation" ahead of the Paris Motor Show on Monday about the company's declining sales amid China's "impressive" acceleration in the European market. "What we are supporting a lot in Europe is to establish for everybody a level playing field," Filosa said in an interview with CNBC's Charlotte Reed. "In concrete terms, it means to work on true regulation...

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