Stellantis Unveils €60 Billion Strategic Plan for Business Transformation

Deep News
05/22

Stellantis NV (STLA) has announced a comprehensive five-year strategic plan, aiming to achieve positive industrial free cash flow by 2027. The plan targets annual cost savings of €6 billion by 2028 and the launch of over 60 new or refreshed vehicle models, encompassing hybrid and fully electric vehicles. This initiative is designed to navigate the global automotive industry's shift towards electrification and intense market competition.

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