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Tim Kuniskis, the chief maybe most influential in spreading horsepower throughout Stellantis’ U.S. manufacturers, has returned to the automaker after retiring in Might.
Kuniskis spent greater than three a long time working with varied manufacturers inside Stellantis’ North American portfolio previous to retiring, most lately serving as CEO of Dodge and Ram.
He returns to Stellantis efficient instantly, because the new CEO of Ram, an organization spokesperson instructed the Associated Press on Monday, including that Stellantis desires Ram to have its personal devoted CEO.
After Kuniskis retired in Might, Stellantis appointed Chrysler CEO Christine Feuell to supervise each Chrysler and Ram, whereas Dodge management was handed to Matt McAlear, the model’s former gross sales chief.
Kuniskis’ return to Stellantis comes simply days after CEO Carlos Tavares stepped down amid vital gross sales declines and disagreements with the board. Stellantis plans to call a brand new CEO within the first half of 2025. Within the interim, the corporate shall be led by John Elkann, the present chairman and a member of the Agnelli household, whose Exor holding firm owns roughly 14.4% of Stellantis.
Gross sales of Ram pickups, Stellantis’ best-selling and most worthwhile product, have dropped almost 18% this 12 months as the corporate struggles with an oversupply of high-priced autos and a scarcity of in-demand hybrids. A lot of Stellantis’ different manufacturers face comparable challenges, with the automaker reporting a 20% drop in international deliveries for the third quarter.
Shortly after graduating with a enterprise diploma from the State College of New York, Kuniskis joined Chrysler as a trainee in 1992 and labored his approach as much as varied senior roles. Whereas he has influenced quite a few merchandise throughout his tenure, he’s finest remembered for Dodge’s Hellcat line, which started halfway final decade with the unique Challenger SRT Hellcat and Charger SRT Hellcat.
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