New Stellantis CEO taps Kuniskis to oversee American brands, brings back SRT division

New Stellantis CEO taps Kuniskis to oversee American brands, brings back SRT division


Tim Kuniskis, head of NAFTA Passenger Car Brands for Fiat Chrysler Automobiles NV, speaks during the reveal of the Fiat Chrysler 2018 Dodge Challenger SRT Demon sports vehicle ahead of the 2017 New York International Auto Show (NYIAS) in New York, U.S., on Tuesday, April 11, 2017.

Mark Kauzlarich | Bloomberg | Getty Images

New Stellantis CEO Antonio Filosa, who took over the top job one week ago, has made his first major leadership move, promoting Tim Kuniskis to oversee all American brands and lead marketing and retail strategy in North America.

Kuniskis remains CEO of Ram. He now has a broader role across the company’s U.S. operations. Kuniskis, who came out of retirement after seven months, returned to Stellantis late last year after former Stellantis CEO Carlos Tavares unexpectedly stepped down.

Stellantis is also bringing back the Street and Racing Technology performance division.

SRT will combine engineers from Dodger, Jeep, Ram, and Chrysler and will focus on high-performance vehicles and motorsports.

“SRT is another box we needed to check,” Kuniskis said in a press release Wednesday. “We’re getting the band back together.”

Kuniskis is also leading a major product launch at Ram as part of an effort to combat yearslong sales declines. The brand plans to launch 25 new products throughout the next 18 months.

Earlier this month, Kuniskis announced the return of its popular V-8 Hemi engines for its Ram 1500 full-size pickup trucks. Ram plans to offer the engine again in early 2026.



Source

Lululemon is partnering with the NFL to release apparel for all 32 teams
Business

Lululemon is partnering with the NFL to release apparel for all 32 teams

Sign at the entrance to the Lululemon store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Lululemon is partnering with the NFL to launch an apparel collection featuring the logos of all 32 NFL teams. It will mark the first time the retailer has offered officially licensed products for the NFL or any […]

Read More
American Airlines is arriving late to the luxury travel boom. Can it catch up?
Business

American Airlines is arriving late to the luxury travel boom. Can it catch up?

An American Airlines Airbus A321 taxis at San Diego International Airport as a United Airlines airplane departs on August 24, 2024 in San Diego, California. Kevin Carter | Getty Images News | Getty Images FORT WORTH, Texas — American Airlines started pouring customers Champagne Bollinger in its top-tier lounges and cabins this fall. But at […]

Read More
One in three Manhattan condo owners lost money when they sold in the last year
Business

One in three Manhattan condo owners lost money when they sold in the last year

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. More than a third of the condo apartments sold in Manhattan over roughly the past year sold at a loss, although the top end of […]

Read More