Stellantis Confirms Guidance as Turnaround Efforts Progress

Stellantis has reaffirmed full-year guidance as it pushes ahead with its turnaround plan, emphasizing which brands will receive the bulk of investment. The company said Jeep and Ram in the U.S., and Peugeot and Fiat in Europe, will account for 70% of the group’s product spending aimed at accelerating growth. Stellantis’ strategy is focused on prioritizing the “most attractive” brands rather than spreading resources evenly across the portfolio. The update comes as the automaker’s shares trade higher and the group underscores confidence in its outlook while execution continues across key markets.