Stellantis unveils $70-billion, 60 new car model business plan
Stellantis has announced a new business plan worth $70 billion that includes the launch of 60 new car models by 2030. The plan emphasizes investments in key brands and aims to transform unused factory capacity into a revenue-generating business. Additionally, Stellantis is targeting significant revenue growth in both North America and Europe over the coming years.
- ▪Stellantis plans to introduce 60 new car models by 2030, covering both combustion and electric vehicles.
- ▪The company will focus 70% of its investments on key brands like Jeep, Ram, Peugeot, and Fiat.
- ▪Stellantis aims for 25% revenue growth in North America and 15% in Europe by 2030.
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Open this photo in gallery:A worker inspects a Opel Mokka sport utility vehicle (SUV) on the production line at the Stellantis automobile plant in Poissy, near Paris, France, May 4.Benoit Tessier/ReutersShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountStellantis (STLA-N) set out a new 60 billion euro (US$70-billion) business plan on Thursday that includes 60 new car models by 2030 - from combustion engine to fully electric vehicles - new investments in technology, joint ventures with other carmakers and better use of its manufacturing capacity.The Franco-Italian carmaker said it would also refocus its approach to its sprawling 14-brand portfolio, with 70 per cent of brand and product investments going to Jeep, Ram, Peugeot and Fiat, as well as…
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