Stellantis Pledges €60B to Launch 60 Models, Cut Costs €6B by 2028
Stellantis unveiled its FASTlane2030 plan committing €60B investment through 2030, launching 60 new models and cutting annual costs by €6B by 2028 to boost profits. It will devote 70% of investment to Jeep, Ram, Peugeot and Fiat, slash EU capacity by 20%, and partner with Dongfeng to build EVs.
1. FASTlane2030 Investment Plan
The FASTlane2030 strategic plan outlines €60 billion of capital deployment through 2030 aimed at boosting growth and profitability. It targets the introduction of 60 new vehicle models and 50 major refreshes across powertrains. The plan also seeks to trim annual costs by €6 billion by 2028 through efficiency measures.
2. Brand Focus and Investment Allocation
Stellantis will allocate 70% of its investment to four global brands: Jeep, Ram, Peugeot and Fiat, reflecting their scale and profit potential. Five regional marques – Chrysler, Dodge, Citroën, Opel and Alfa Romeo – will receive targeted funding, while DS, Lancia and Abarth will be managed under Citroën and Fiat. This shift prioritizes high-margin segments and commercial vehicles.
3. European Capacity Reductions and Partnerships
To align production with demand, Stellantis plans to reduce European factory capacity by 20%, equating to roughly 800,000 fewer annual units. Plants in Poissy, Madrid, Zaragoza and Rennes will be repurposed or leveraged through external partnerships. A joint venture with Dongfeng will see Voyah EV models built in Rennes, bypassing EU tariffs.
4. Electrification and Cost Savings Initiatives
The group intends to ramp up EV manufacturing, with two new Maserati electric models and increased electric output at Italian facilities. A value creation program aims to deliver savings through platform sharing and multiregional architecture. These moves are designed to strengthen Stellantis’s competitiveness against low-cost rivals and meet EU emissions mandates.