Stellantis has outlined a strategic vision focusing on substantial software-based revenue and a shift to electric vehicles. By 2030, the company aims to earn €20 billion from subscriptions and convert its sales to be fully electric in Europe and 50% in the US. Plans to reduce distribution costs by 40% involve restructuring the dealer model while maintaining profit margins typical of premium brands. Former CEO Carlos Tavares established a timeline for these ambitious changes, emphasizing the need for adaptation in the evolving automotive industry.
Stellantis aims to generate €20 billion in software-based revenues by 2030, with 100 percent of sales in Europe and 50 percent in the US coming from electric vehicles.
Carlos Tavares, former CEO of Stellantis, targeted a rebuild of the traditional dealer model to cut distribution costs by 40 percent, asserting double-digit margin goals.
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