Stellantis unveils major investment plan
Stellantis has announced a new strategic plan that includes €60 billion in investments by 2030 and the launch of 60 new models aimed at boosting growth and profitability. The company also plans 50 major product updates.
During the morning session of its Investor Day at its headquarters in Auburn Hills, the automaker outlined its future strategy for North America and global operations, CE Report quotes ANSA.
John Elkann described the plan as “ambitious but realistic.” It focuses on faster product development, improved quality, and significant cost reductions.
The plan also targets €6 billion in annual cost savings by 2028 and aims to achieve positive cash flow by 2027.
Financial targets will be presented in detail during the Investor Day.
Photo: Wikipedia
