The automaker targets 60 new models and 24 billion euros in tech investments to boost profitability and manufacturing efficiency.
Stellantis announced a $70 billion business plan extending to 2030, focusing on 60 new models ranging from combustion to fully electric vehicles. The strategy aims to optimize manufacturing capacity and prioritize investments in high-margin brands like Jeep, Ram, Peugeot, and Fiat, alongside its commercial vehicle unit Pro One.
The plan allocates 24 billion euros for global platforms, powertrains, and new technologies, while shifting 70% of brand investments to its most profitable segments. Stellantis also plans to leverage unused factory capacity by offering contract manufacturing for Chinese automakers in Europe and Tata Motors’ JLR in the U.S.
CEO Antonio Filosa’s approach contrasts with his predecessor’s strategy, emphasizing outsourcing technology development to reduce costs. The company targets improved efficiency and revenue growth through joint ventures and strategic partnerships.