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Stellantis Annual Stockholder General meeting

AlexB

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John Elkann stated the Management appointments are well balanced.
John called his relationship with Carlos is ''personally rewarding''........

@Bili @redriderbob
(Finally time available............nice to see y'all at ML!)
 

AlexB

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Now Carlos ............
To Carlos states FCA Financial results..............Carlos states Q4 2020 is more reflective of FCA business than the Full Year 2020 with Shut downs.
 

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Now Carlos goes to PSA Full Year results
 

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Carlos states Stellantis plan will not be a defensive plan but an ''offensive ''plan.........it will be long-term.
 

AlexB

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Establish Business governance , management teams, values and purpose.
Focus to execute the business plans of PSA and FCA.
Make all decisions related to synergies plan to ensure harvesting of value.
Set up processes and develop long-term strategic plan
 

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*3 major North America Jeep launches, including 2 ''white-space'' products
*Strong pricing in North America.
 

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Carlos is now making talking about electric.
 

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Carlos is using the term LEV meaning both Pure EV and PHEV.
 

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96% of Stelllantis nameplates in the United States will have a LEV offering by 2025.
 

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Stellantis only predicting U.S. sales mix of 35% of LEV by 2030.
 

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STLA Frame Platform

E/F SUV Pickups
BEV RAM
 
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Carlos bragging about in-house EV parts.
 

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80% percent of the value of Stellantis EV will be control in-house.
 

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Stellantis Electric Day July 8th 2021
 

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John Elkann calls it ''exciting times''.
 

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John moves to the formal legal part of the meeting & sets the stock dividend of $1.2 billion U$D.
 

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