Stellantis Unveils 70 Billion Dollar Strategy Pivot
CEO Antonio Filosa unveiled a five-year plan focusing on core brands. The strategy includes 60 new models and targets 6 billion euros in cost cuts by 2028.
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STELLANTIS NV CEO Antonio Filosa unveiled a $70 billion strategy pivot on Thursday evening, planning 60 new vehicle launches by 2030. The five-year plan shifts focus toward external partnerships and monetizing excess factory capacity through contract manufacturing. Investors are weighing execution risks as the automaker attempts to reverse market share losses with affordable models.
