Stellantis unveiled a €60 billion ($69.7 billion) five-year strategic plan on Thursday, betting on a leaner brand lineup, shared global platforms and a web of partnerships to pull the carmaker back to profitable growth.
The plan, named FaSTLAne 2030, was announced hours before Stellantis was due to host a highly anticipated investor day in Auburn Hills, Michigan.
It is the first comprehensive strategy laid out under CEO Antonio Filosa, and it arrives as the maker of Jeep, Ram and Peugeot works to recover from a bruising stretch of falling profit and bloated inventories.
“FaSTLAne 2030 is the result of months of disciplined work across the Company and is designed to drive long-term profitable growth,” Filosa said.
The plan rests on six pillars: a sharper brand portfolio, investment in global platforms and technology, partnerships, a leaner manufacturing footprint, execution, and the empowerment of regional teams.
A Product Blitz Built on Fewer Brands
Stellantis plans more than 60 new vehicle launches and 50 significant refreshes between now and 2030, spanning every brand and powertrain.
The lineup will include 29 battery-electric vehicles, 15 plug-in hybrid or range-extended models, 24 hybrids and 39 internal-combustion or mild-hybrid vehicles.
The mix signals a hedge rather than a wholesale bet on electrification, keeping combustion and hybrid options in the portfolio well into the next decade.
The company is concentrating its resources on four global brands it judges to have the greatest scale and profit potential: Jeep, Ram, Peugeot and FIAT.
Those four, along with the Pro One commercial-vehicle unit, will absorb 70% of the plan’s brand and product investment.
Five regional brands — Chrysler, Dodge, Citroën, Opel and Alfa Romeo — will draw on the same global engineering while sharpening their local appeal.
DS and Lancia will be folded under Citroën and FIAT and run as specialty marques, while Maserati keeps its place as a standalone luxury brand, gaining two new E-segment cars. A detailed roadmap for Maserati is due in Modena in December 2026.
“Every brand in Stellantis will play a clear role in delivering our FaSTLAne 2030 commitments,” Filosa said.
€24B for Platforms and Software
Stellantis will spend more than €24 billion ($26 billion) over five years on global platforms, powertrains and new technologies, equal to 40% of its combined research, development and capital spending in the period.
By 2030, the company expects half of its annual volume to roll off just three global platforms, including an all-new architecture called STLA One.
STLA One is designed to span the B, C and D vehicle segments and to fold five existing platforms into a single scalable system. The company is targeting 20% cost efficiency through the architecture’s modular design and battery choices, and plans to underpin more than 30 models with it.
The platform will launch in 2027 and is targeted to build more than 2 million units a year by 2035. It will use lithium iron phosphate batteries and cell-to-body construction to cut cost and weight, and will support 800-volt charging.
“STLA One is a clear example of a truly modular strategy, giving us the flexibility of a multi-energy platform without carrying inefficiencies from one propulsion system to another,” said Ned Curic, chief engineering and technology officer.
The company is also building three flagship technologies — STLA Brain for central computing and software, STLA SmartCockpit for the cabin, and STLA AutoDrive for automated driving — all set to launch in 2027.
Stellantis expects 35% of its global volume to carry at least one of the three by 2030, rising above 70% by 2035.
A Partnership Web That Leans on China
The plan leans heavily on partnerships, several of them with Chinese carmakers, to share cost, fill factories and reach new markets.
Through Leapmotor International, the venture Stellantis owns 51%, the two companies plan to combine purchasing and share industrial capacity, starting at the Madrid and Zaragoza plants in Spain to meet coming made-in-Europe requirements.
With its longtime Chinese partner Dongfeng, Stellantis will produce two Peugeot and two Jeep models in China through the DPCA joint venture for sale in China and beyond.
The company also intends to create a European joint venture with Dongfeng, 51% owned by Stellantis, to work on distribution, engineering, sourcing and shared capacity, beginning at the Rennes plant in France.
In a separate arrangement disclosed this week, Stellantis said it plans to explore collaboration with Jaguar Land Rover across product and technology development in the United States, building on a non-binding memorandum of understanding the two signed at Auburn Hills.
The company is also working with India’s Tata to improve its competitiveness in Asia Pacific, the Middle East, Africa and South America through manufacturing, supply-chain, product and technology synergies.
Across software, driver assistance, artificial intelligence and batteries, Stellantis listed technology partners including Applied Intuition, Qualcomm, Wayve, NVIDIA, Uber, Mistral AI and CATL.
The company cautioned that some of the partnership initiatives remain subject to ongoing discussions and non-binding arrangements, with timing and scope dependent on definitive agreements and approvals.
Cutting Capacity in Europe
Stellantis set out sharply different ambitions by region, reflecting where it sees the best returns.
In North America, the company is targeting 25% revenue growth and an adjusted operating income margin of 8% to 10%. It plans to expand its market coverage by 50% with 11 all-new vehicles and 35% more volume, including seven new products priced under $40,000 and two under $30,000.
Given that opportunity, 60% of the €36 billion ($39 billion) earmarked for brands and products will go to North America.
In what it calls Enlarged Europe, Stellantis is targeting 15% revenue growth and a slimmer 3% to 5% margin.
The region anchors the company’s most affordable electric push, the E-Car, described as a new generation of stylish, affordable city electric vehicles to be built in Europe, starting at the Pomigliano d’Arco plant in Italy.
The European plan also depends on deep restructuring.
Stellantis expects to cut more than 800,000 units of capacity, repurposing plants such as Poissy in France and leaning on partnerships, while aiming to protect manufacturing jobs.
Capacity utilization in the region would climb from 60% to 80% by 2030.
The company set a 10% revenue-growth target in South America, a 40% target in the Middle East and Africa, and a 4% to 6% margin goal in Asia Pacific, where it intends to grow through asset-light partnerships.
Execution Under Pressure
Filosa tied the plan’s success to faster, cleaner execution.
Stellantis is targeting vehicle-development cycles of 24 months, down from as long as 40 months today, and top-quartile quality across all regions over the plan’s life.
Its Value Creation Program is set to deliver €6 billion ($6.5 billion) in annual cost reductions by 2028 against a 2025 baseline, with AI deployed across more than 120 applications in its operations.
“We will execute as one team, hands-on, to deliver incremental, profitable growth for the benefit of all our stakeholders,” Filosa said.
Stellantis said it would present its detailed financial framework, including FaSTLAne 2030 financial targets, at the financial session of its investor day later on Thursday.
