Stellantis CEO Antonio Filosa unveils $70B turnaround strategy Stellantis, the parent company of brands including Chrysler, Jeep, Dodge, and Ram, has announced a $70 billion turnaround strategy aimed at refocusing the automaker on core brands, partnerships, and more efficient factory operations. The five-year plan, unveiled during the company’s capital markets day, includes the production of 60 new models by 2030, spanning internal combustion engines, hybrids, and fully electric vehicles. The strategy marks a significant shift under Filosa’s leadership, emphasizing external collaborations to reduce costs and accelerate innovation. The plan, described by Filosa as “grounded in reality,” seeks to create conditions for profitable and sustainable growth. A key component involves leveraging excess manufacturing capacity through partnerships with third-party producers. Stellantis has formed production tie-ups with Chinese firms Leapmotor and Dongfeng, as well as cooperation with Tata Motors and its U.S. unit JLR. These partnerships will allow the company to generate revenue from underutilized factories rather than letting idle plants accumulate costs. Stellantis also announced a $13 billion investment plan in the United States, focusing on expanding production capabilities and modernizing manufacturing infrastructure. The company aims to invest over $27 billion in platforms, powertrains, and technologies while targeting nearly $7 billion in annual cost reductions by 2028 compared to 2023 levels. The strategy includes restructuring its 14 brands, with 70% of product investment prioritized for Jeep, Ram, Peugeot, Fiat, and the Pro One commercial vehicle division. Brands like Chrysler and Alfa Romeo will be repositioned for regional focus, while Lancia and DS will take specialized roles under Fiat and Citroen.#dodge #stellantis #chrysler #antonio_filosa #jeep
New Dodge SRT Models and Jeep Wrangler Scrambler Set for 2027 Launch Stellantis, the global automotive giant, unveiled a comprehensive roadmap for new vehicle models across its Chrysler, Dodge, Jeep, and Ram brands in the United States. The plan, detailed during the Stellantis Investor Day event, outlines a transformation of the North American showroom by 2030, with 11 new nameplates and 12 refreshed models. The company aims to expand its market coverage from 60 to 90 percent, enter five new segments, and enhance cost competitiveness. Chrysler, which has struggled with stagnation, is set to introduce three new SUVs alongside a refreshed 2027 Pacifica. The first model is a mid-size crossover based on the STLA One platform, named the Airflow. While its design similarities to the 2022 concept remain unclear, it is expected to offer hybrid powertrains rather than being exclusively electric. Chrysler is also developing two compact crossovers using European platforms: the Arrow, which will adopt a more sedan-like shape, and the Arrow Cross, featuring a traditional SUV silhouette. Both models are targeted to enter the sub-$30,000 segment with a variety of powertrain options. Dodge is focusing on performance with a new compact SUV, branded as the GLH (a nod to the "Goes Like Hell" moniker from the 1980s Omni hatchback). This model will include an SRT variant, while the brand is also working on a mid-size muscle car resembling a coupe with a large rear wing, also receiving SRT treatment. A refreshed Durango and an SRT-equipped Charger are also in the pipeline. Jeep is set to debut the Wrangler Scrambler, a two-door pickup truck designed for off-road enthusiasts, alongside an SRT-grade Grand Cherokee. The brand is also developing a new Compass, refreshes for the Grand Cherokee and Grand Wagoneer, and an internal-combustion powertrain for the Recon.#dodge #stellantis #chrysler #jeep #ram
The Dodge You Forgot: The 105-Horsepower “Challenger” with a Mitsubishi Badge The second-generation Dodge Challenger, a model that bears the name of a legendary American muscle car but lacks its essence, is a fascinating relic of automotive history. Unlike its iconic predecessors and successors, this version was not a muscle car at all. Instead, it was a rebranded Japanese import, built on the Mitsubishi Galant platform and sold under the Dodge name in the United States. Produced between 1978 and 1983, this model represents a rare instance where a famous car name was used to market a vehicle with little connection to the performance-driven legacy of the Challenger brand. When Dodge revived the Challenger name in 1978, four years after the original model’s production ended, it abandoned the muscle car formula entirely. The result was a significantly less powerful and less exciting coupe, designed to appeal to a different market. The car was essentially a Mitsubishi Galant sold under the Dodge brand, with only the badges and some minor styling changes distinguishing it from its Japanese counterpart. While the original Challenger and its 2000s-era successor were celebrated for their high horsepower and aggressive performance, this second-generation model was a far cry from those benchmarks. Most of these cars were equipped with a 2.6-liter four-cylinder engine, producing a modest 105 horsepower, and some even had a smaller 1.6-liter version with just 77 horsepower. The decision to rebrand the Mitsubishi Galant as the Dodge Challenger was driven by economic and strategic considerations. In the late 1970s, the U.S. automotive industry faced challenges such as rising fuel costs, stricter emissions regulations, and shifting consumer preferences toward more fuel-efficient vehicles.#dodge #dodge_challenger #mitsubishi_galant #raleigh_classic_car_auctions #zebulon_north_carolina
Trying to dodge the 2026 tech price hikes? Here’s the gear I'd buy sooner rather than later, plus practical tips for finding the best deals A practical guide to dodging 2026 tech price hikes by buying sooner where it counts, spotting shrinkflation, and knowing which costs are most likely to climb next. #price #practical #price_hikes #tech #tech_price #spotting_shrinkflation #hikes #dodge #sooner #buy_sooner
