Stellantis has unveiled its €60 billion, five-year strategic plan, FaSTLAne 2030, to accelerate growth and profit. The plan leverages Stellantis' unique combination of iconic brands, global scale, and regional roots, fueled by customer-centricity and focused capital allocation. The six core pillars of the strategy are:
Sharper Management of Unparalleled Brand Portfolio: Stellantis is overhauling its brand portfolio and product plan to maximize capital efficiency and support profitability. This will result in over 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. 70% of the plan's brand and product investments will be directed to four global brands: Jeep®, Ram, Peugeot, and FIAT.
Investment in Global Platforms, Powertrains, and Technologies: Stellantis will invest over €24 billion in global platforms, powertrains, and new technologies over the next five years. This includes the STLA One global modular vehicle architecture, which maximizes commonality and competitiveness. Stellantis will also broaden its multi-energy coverage with new hybrids, battery electric vehicles, and highly efficient internal combustion engines.
Partnerships Complementing Stellantis' Core Strengths: Stellantis is forming new partnerships or expanding existing ones to co-develop and co-fund products, gain access to additional markets, broaden technology optionality, increase manufacturing capacity utilization, and improve sourcing competitiveness. Examples include collaborations with Leapmotor, Dongfeng, Tata, Jaguar Land Rover, and various technology partners.
Optimized Manufacturing Footprint: Stellantis aims to significantly increase capacity utilization across regions through increased volumes and targeted local actions. This includes reducing capacity in Europe, improving utilization in the United States, and achieving full capacity utilization in the Middle East and Africa.
Excellence in Execution: FaSTLAne 2030 will focus on increased speed, quality, and efficiency across all regions. This includes accelerating vehicle development cycles, targeting top-quartile performance in quality, and delivering €6 billion of annual cost reduction by 2028.
Empowerment of Regions and Local Teams: Stellantis is empowering each region to leverage its global scale to define and implement tailored plans that best suit local markets' realities and customers' preferences. This includes specific targets for North America, Enlarged Europe, South America, the Middle East and Africa, and Asia Pacific.
FaSTLAne 2030 is built upon the talent and commitment of Stellantis' team, with a focus on execution, innovation, and customer satisfaction. The success of the plan will be measured by incremental, profitable growth for all stakeholders.
