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Stellantis CFO Doug Ostermann Takes Helm Of Financial Services Unit

Ostermann Expands Role To Lead Stellantis Financial Services

Stellantis is making a key leadership move that ties its financial operations closer to its customer-focused services. Doug Ostermann, the automaker’s Chief Financial Officer (CFO), has officially taken on an additional role as head of Stellantis Financial Services (SFS), the company’s in-house financing arm.

SFS is responsible for providing financing solutions for buyers across all Stellantis brands, including Chrysler, Dodge, FIAT, Jeep®, and Ram. This move places Ostermann at the center of both the company’s global finances and its consumer credit operations.

In a LinkedIn post announcing his expanded responsibilities, Ostermann highlighted the importance of Stellantis Financial Services to the company’s growth strategy and customer experience.

“I am excited to share that I am taking responsibility to lead Stellantis Financial Services!” Ostermann wrote. “Not only is it a great business, it is also a powerful enabler of growth and plays a critical role in providing our customers the freedom of choice they deserve, through innovative financing. I am grateful for the incredible work already accomplished by our global teams, and I am eager to continue the journey ahead!”

By combining financial leadership with direct oversight of the consumer finance division, Stellantis aims to strengthen its ability to offer competitive loans, leases, and flexible financing options. For American buyers, that means more tailored options whether purchasing a new Jeep Wrangler, leasing a Dodge Charger, or financing a Ram pickup.

The decision also reflects a broader automotive trend: automakers are increasingly using in-house financing as a profit driver and a way to improve brand loyalty. With Ostermann now wearing two hats, Stellantis looks positioned to leverage its financial services to fuel future sales growth across North America and beyond.

Robert S. Miller

Robert S. Miller is a diehard Mopar enthusiast who lives and breathes all that is Mopar. The Michigander is not only the Editor for MoparInsiders.com, 5thGenRams.com, and HDRams.com but an automotive photographer. He is an avid fan of offshore powerboat racing, which he travels the country to take part in.

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That's a shame for them.

As for what happens to the plant, my guesses are that if something happens early enough, some Hornets and maybe Tonales will end up getting built here so the former stays getting milked for Dodge funds. Maybe they can instead retool it for 500e production since it's apparently so popular that America getting them means a bigger obstacle to meet demand where they're already sold.

I think nearly all of the NA sold cars to begin 2024 production have already found factories elsewhere, so if not for those options then a wait probably goes on until 2025.

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I feel bad about this plant being idled. The Cherokee was an inexpensive way to get a decent trailer towing package. It was good for towing a small boat, snowmobiles or a four-wheeler. The Cherokee was a good fit for us in the snow belt as well. I really liked the X-trim, but that was very short lived. It's almost like they wanted the Cherokee to fail.

The Fiat 500e will have some demand here, but not enough to justify building it here.

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