22 May Stellantis to Accelerate Growth and Profit
(Oilandgaspress) -–Stellantis unveils FaSTLAne 2030, its €60 billion, five-year strategic plan to accelerate growth and profit.
At the morning session of Investor Day at the Company’s North America Headquarters in Auburn Hills, Michigan, Stellantis Leadership sets out the six core pillars of its strategy moving forward.
These build on the Company’s priority to put the customer at the center and on the discipline to allocate capital, where regions and brands can generate the best returns.
The pillars of FaSTLAne 2030 are:
Sharper management of unparalleled brand portfolio
Investment in global platforms, powertrains and technology
Partnerships complementing Stellantis’ core strengths
Manufacturing footprint optimization
Excellence in execution
Empowerment of regions and local teams
The Company’s approach to managing its brand portfolio and product plan has been overhauled to maximize capital efficiency, avoid duplicate spending, and support profitability.
This will result, between now and 2030, in more than 60 new vehicle launches and 50 significant refreshes, across all brands and powertrain energies, including 29 battery-electric vehicles, 15 plug-in hybrid or range-extended electric vehicles, 24 hybrid electric vehicles and 39 ICE/mild hybrid electric vehicles.
Information Source: Read More
No Comments