Jeep, Ram And Dodge Lead Stellantis’ $70 Billion Comeback Plan

Struggling to reverse a series of setbacks at a time when “there has never been…greater change and challenge in our industry,” Stellantis officials laid out a bold turnaround plan aimed at rebuilding the company’s global presence – and profitability.

Stellantis CEO Antonio Filosa.

But to do that, said Chairman John Elkann, it will shift from being globally focused to putting primary emphasis on regional markets. That could be good news for motorists in North America which will gain a disproportionate share of the 60 new products expected to come to market by 2030 as part of the $70 billion Fastlane 2030 program. Significantly, two of the four brands that will dominate going forward – Ram and Jeep – are based in the U.S.“This plan is grounded in reality,” added Antonio Filosa, who was nam …