DAILY ROUNDUP | MAY 25 | Stellantis €60B Bet, 800K Capacity Cut, Ram 777 HP
Auto News Talk by Auto News Talk
Episode notes
Stellantis is trying to save €6 billion a year while keeping all 14 brands alive, cutting more than 800,000 units of capacity, and refusing to close plants.
Today’s episode breaks down the €60 billion turnaround plan, STLA-1 platform consolidation, Ram’s 777-horsepower Rumble Bee halo truck, Jenkins Auto Group’s Space Coast Kia acquisition, and Pinewood AI’s dealership data push.
Today's Key Headlines
~Stellantis launches a €60 billion investment strategy with 60% aimed at North America
~The automaker targets €6 billion in annual cost cuts over five years
~Stellantis plans to cut more than 800,000 units of capacity without closing plants
~Ram’s Rumble Bee flagship SRT Hellcat targets 777 horsepower and 170 mph
~Pinewood AI says its BI tools can save up to 10 hours per dealership per week
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