BRIEF-Stellantis To Launch $70 billion business plan to 2030, With 60 New Models
May 21 (Reuters) - Stellantis NV STLAM.MI:
UNVEILS FASTLANE 2030 PLAN
70% OF BRAND AND PRODUCT INVESTMENTS DIRECTED TO FOUR GLOBAL BRANDS - JEEP, RAM, PEUGEOT AND FIAT - AS WELL AS PRO ONE
DETAILED ROADMAP ON MASERATI WILL BE SHARED IN DECEMBER 2026, ADDING 2 NEW E-SEGMENT VEHICLES
SEES 60 NEW VEHICLES LAUNCHED AND 50 SIGNIFICANT REFRESHES IN SPAN OF PLAN, INCLUDING BATTERY EV, PLUG IN HYBRID
DS AND LANCIA TO BE MANAGED BY CITROEN AND FIAT AND DEVELOPED AS SPECIALTY BRANDS
PILLARS OF PLAN INCLUDE SHARPER MANAGEMENT OF BRAND PORTFOLIO, INVESTMENTS, PARTNERSHIPS, MANUFACTURING FOOTPRINT OPTIMIZATION
STLA BRAIN, SMARTCOCKPIT AND AUTODRIVE TO LAUNCH IN 2027
35% OF GLOBAL ANNUAL VOLUMES TO BE EQUIPPED WITH AT LEAST ONE OF ITS AUTOMATED DRIVING TECH BY 2030, AIMS FOR 70% BY 2035
TO INVEST OVER EUR 24 BILLION (40% OF TOTAL RD CAPEX INVESTMENTS IN PERIOD) IN GLOBAL PLATFORMS, POWERTRAINS AND NEW TECH BY 2030
IN NORTH AMERICA, COMPANY PLANS TO EXPAND MARKET COVERAGE BY 50% WITH 11 ALL-NEW VEHICLES AND 35% MORE VOLUME
IN ENLARGED EUROPE, TARGETS BY 2030 15% REVENUE GROWTH, AND AOI MARGIN OF 3-5%
IN NORTH AMERICA, TARGETS BY 2030 25% REVENUE GROWTH, AND AOI MARGIN OF 8-10%
Further company coverage: STLAM.MI
