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Stellantis plan keeps all 14 brands, faces investor scrutiny

Stellantis unveiled a five-year strategic plan that includes launching 60 new models by 2030 and investing €60 billion, but investors and analysts expressed concern over the lack of detail regarding brand consolidation and factory closures. The plan surprisingly keeps all 14 existing brands, including underperforming ones like Lancia and Chrysler, with a significant portion of investment focused on Jeep, RAM, Peugeot, and Fiat. Partnerships with Chinese firms Leapmotor and Dongfeng are expected to provide electric vehicle technology and utilize Stellantis's underused European factories. AI

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Stellantis plan keeps all 14 brands, faces investor scrutiny

COVERAGE [1]

  1. Forbes — Innovation TIER_1 English(EN) · Neil Winton, Senior Contributor ·

    Stellantis Strategic Plan Lacks Detail; Brands’ Future Questioned

    Stellantis impressed investors with its plan to revive the company, but the shares dived as analysts sought details while others were surprised the 14 brands survived.