Automotive giant Stellantis is set to embark on a massive $70 billion transformation over the next five years, according to CEO Antonio Filosa. The company, which owns iconic brands such as Chrysler, Dodge, and Peugeot, revealed its ambitious plan during its investor day on May 21. As part of the strategy, Stellantis aims to accelerate its electrification efforts, expand its presence in emerging markets, and invest in cutting-edge technologies to stay ahead of the competition. With this significant investment, the company is poised to shape the future of the automotive industry and solidify its position as a leader in the global market.
Stellantis CEO Antonio Filosa details the company's $70 billion five-year plan during its May 21 investor day. (ROB WIDDIS PHOTOGRAPHY) ...
