All articles tagged with #fastlane 2030
Stellantis swung to a €293 million Q2 profit as rising North American demand boosted adjusted operating income to €773 million, though results missed Reuters’ consensus. The automaker posted €1.0 billion in industrial free cash flow and reaffirmed progress on the FaSTLAne 2030 plan with new product launches on track, while shares fell on the news.
Stellantis unveils a $70 billion five-year plan called FaSTLAne 2030 that prioritizes core brands such as Jeep, Ram, Fiat, and Peugeot, while reviving the Dodge GLH, introducing a Maverick-sized Ram pickup due in 2028, launching three new crossovers (Airflow/Arrow family), and reviving the Citroën 2CV in Europe under €15,000, signaling a bold product push through 2030.
Stellantis unveiled FaSTLAne 2030, a five-year, $70 billion turnaround plan prioritizing Jeep, Ram, Peugeot and Fiat with 11 new North American models by 2030, including the Rampage small pickup, Ramcharger SUV, a Dodge hot hatch and three Chrysler crossovers; the plan targets 25% NA revenue growth, over $220 billion in revenue by 2030, and 8-10% NA margins, backed by about $42 billion in brand/product investments, $7 billion per year in cost cuts, and new partnerships with Jaguar Land Rover and Leapmotor, while other brands are scaled back or repositioned as smaller/specialty or luxury lines.
Stellantis unveils its FaSTLAne 2030 plan to invest $69 billion and roll out 60 new vehicles by 2030, with North America receiving a large share (11 new models) and Chrysler, Dodge, and Ram at the forefront. The lineup teases the Chrysler Airflow mid-size SUV, Arrow/Arrow Cross compact SUVs, additional Pacifica variants, a new Dodge GLH, the SRT Copperhead halo, and Ram entries including the Rampage, Dakota, and Ramcharger three‑row SUV, signaling a major US-focused product push over the next five years.
Stellantis announced FaSTLAne 2030, a €60 billion, five-year plan unveiled at Investor Day to accelerate growth and profitability through six pillars: sharper brand portfolio management, investment in global platforms/powertrains/technology, strategic partnerships, optimized manufacturing, execution excellence, and empowered regions. The plan envisions 60+ new launches/refreshes (including 29 BEVs) focused on Jeep, Ram, Peugeot and Fiat, about €24 billion in platforms and tech, and the rollout of new technologies (STLA One, STLA Brain, STLA SmartCockpit, STLA AutoDrive) by 2027–2030. It also targets higher capacity utilization (Europe to 80%, US to 80%), regional growth targets, and €6 billion/year in cost savings from 2028, with regional teams empowered to tailor plans and partnerships with external players.