Stellantis Unveils Strategic Plan, Targets Positive Cash Flow by 2027 Stellantis announced on Thursday a new five-year strategic plan led by CEO Antonio Filosa, which includes a 60 billion euro ($69.7 billion) investment aimed at transforming the company’s operations and financial performance. The plan, unveiled during the automaker’s first investor day at its North American headquarters near Detroit, outlines a roadmap to achieve positive free cash flow by 2027 and annual cost savings of 6 billion euros by 2028. The initiative reflects Stellantis’ efforts to navigate a rapidly evolving industry marked by shifting consumer preferences, supply chain challenges, and intense competition from both traditional automakers and emerging electric vehicle startups. The 60 billion euro investment will be allocated across two primary areas: 36 billion euros to strengthen its automotive brand portfolio and 24 billion euros to develop global vehicle platforms and new technologies. A significant portion of the brand investment, 60% of the total, is earmarked for North America, where Stellantis aims to introduce over 60 new vehicles and refresh 50 existing models. These include a mix of all-electric vehicles, hybrids, and traditional internal combustion engines. The company also plans to expand its electric vehicle offerings, with 29 battery-electric models, 15 plug-in hybrids, and 24 hybrid variants expected to be part of its future lineup. The financial targets underpinning the plan are equally ambitious. Stellantis projects that its industrial free cash flow, which was a loss of 4.5 billion euros in the previous year, will turn positive by 2028, reaching 3 billion euros, and further grow to 6 billion euros by 2030.#north_america #stellantis #antonio_filosa #jeep #ram_trucks
