Carlos long term 10 year plan to be reveal March 1st

[AlexB]

Autonomous

 

[AlexB]

 

[AlexB]

Financial Services:

 

[AlexB]

Grow parts business

 

[AlexB]

Spoticar is going global, as Stellantis will get more involved with Pre-owned Vehicles.

 

[AlexB]

LCV/ Commercial vehicles:

 

[AlexB]

China:

 

[Mopar392]

Carlos states there will be no new premium/ luxury model that are ICE by 2025 from Stellantis.

That will be Alfa and Maserati, right?

 

[AlexB]

For North America:

 

[AlexB]

That will be Alfa and Maserati, right?

Also DS and Lancia

 

[AlexB]

Europe.

 

[AlexB]

South America

 

[AlexB]

 

[AlexB]

ICE + Hybrid by 2030 Revenue: 26%

 

[AlexB]

Dividend policy 25%-30% of Net profit

 

[AlexB]

U.S Retiree Pension Fully fund: No more running large deficit (aka:GM and GE)

 

[AlexB]

Carlos: we are pound to be an Legacy Car Company new comers have yet to prove themselves.

 

[AlexB]

Now time for Richard Palmer

 

[AlexB]

Carlos states Margins should be outsiders number 1# way of judging Company performance..
Take That ALLPAR!

 

[AlexB]

Richard Palmer push back at question that suggest dividend 25%-30% of Net profit is low. Pointing that having a large cash balance is good for Stellantis.

Also he mention taking financial markets movements away from Chrysler’s legacy Pension while funding the “donut hole” is great action for Shareholders.