Stellantis unveils its €60 billion, five-year strategic plan, FaSTLAne 2030, to accelerate growth and profit. The plan focuses on six core pillars: sharper management of its brand portfolio, investment in global platforms, powertrains, and technology, partnerships, optimized manufacturing footprint, excellence in execution, and empowerment of regions and local teams. Stellantis aims to maximize capital efficiency, avoid duplicate spending, and support profitability through a refocused approach to its brand portfolio and product plan. This will result in over 60 new vehicle launches and 50 significant refreshes by 2030, including 29 battery-electric vehicles and 15 plug-in hybrid or range-extended electric vehicles. The company will invest over €24 billion in global platforms, powertrains, and new technologies, broadening its multi-energy coverage and enhancing its technology strategy. Stellantis will also enter into new partnerships to gain access to additional markets, broaden technology optionality, and improve sourcing competitiveness. The plan emphasizes increased speed, quality, and efficiency in execution, with a focus on AI as a key enabler. Stellantis aims to empower regions and local teams, leveraging its global scale to define and implement tailored plans that best suit local markets' realities and customers' preferences. The company targets significant revenue growth and AOI margin improvements in North America, Enlarged Europe, South America, the Middle East and Africa, and Asia Pacific. Stellantis will present its detailed financial framework and FaSTLAne 2030 financial targets during the financial session of Investor Day.
