S
StellantisRestructuring
Mixed signal
Stellantis plans major European capacity reduction alongside €24 billion technology investment
Under its FaSTLAne 2030 plan, Stellantis intends to invest more than €24 billion over five years in platforms, powertrains and new technologies. At the same time, it expects to reduce European production capacity by more than 800,000 units, repurpose plants and raise capacity utilisation from 60% to 80% by 2030, while stating that it aims to preserve manufacturing jobs.
Read analysis ↗