Auburn Hills, United States, May 21, 2026 (AFP) - Stellantis unveils 60 bn euro push to revive profitability

NAMPA / AFP
2026-05-21
Jeep and Fiat owner Stellantis said Thursday that it would invest 60 billion euros in a five-year push to restore profitability, reducing its factory capacity in Europe while focusing on "affordability" in the shift to clean-energy vehicles. The strategic blueprint presented at the group's North American headquarters in Michigan comes after a series of announcements by CEO Antonio Filosa, brought in last year to get the world's fourth-largest aut......
Restricted content

Latest NAMPA photos

WINDHOEK, 20 May 2026 - Prime Minister Elijah Ngurare and Minister of Environment, Forestry and Tourism Indileni Daniel pictured with delegates at the signing of the N.dollars 1 billion conservation fund. (Photo by: Eba Kandovazu) NAMPA

WINDHOEK, 20 May 2026 - Prime Minister Elijah Ngurare and Minister of Environment, Forestry and Tourism Indileni Daniel pictured with delegates at the signing of the N.dollars 1 billion conservation fund. (Photo by: Eba Kandovazu) NAMPA

NAMPA
WINDHOEK, 21 May 2026 - The newly purchased Rosenbauer Aircraft Rescue and Firefighting (ARFF) vehicle for the Walvis Bay International Airport. (Photo: Contributed)

WINDHOEK, 21 May 2026 - The newly purchased Rosenbauer Aircraft Rescue and Firefighting (ARFF) vehicle for the Walvis Bay International Airport. (Photo: Contributed)

NAMPA
OSHAKATI, 20 May 2026 - The graduating cadet constables pictured during the street procession at Oshakati ahead of their graduation on Friday. (Photo: Contributed)

OSHAKATI, 20 May 2026 - The graduating cadet constables pictured during the street procession at Oshakati ahead of their graduation on Friday. (Photo: Contributed)

NAMPA
OSHAKATI, 20 May 2026 - The Acting Inspector General of the Namibian Police Force, Major General Anne-Marie Nainda pictured during the street procession in Oshakati ahead of the Police Basic Training Graduation Ceremony scheduled for Friday. (Photo: Contributed)

OSHAKATI, 20 May 2026 - The Acting Inspector General of the Namibian Police Force, Major General Anne-Marie Nainda pictured during the street procession in Oshakati ahead of the Police Basic Training Graduation Ceremony scheduled for Friday. (Photo: Contributed)

NAMPA
WINDHOEK, 20 May 2026 - Sven Thieme, Executive Chairperson of OL. (Photo: Contributed)

WINDHOEK, 20 May 2026 - Sven Thieme, Executive Chairperson of OL. (Photo: Contributed)

NAMPA
WINDHOEK, 20 MAY 2026 - Professor Haihambo Ya-Otto from the University of Namibia was a key attendee at the graduation ceremony for the Tentative Certificate in Basic Pre-Vocational Skills, held in Windhoek on Wednesday. (Photo by: Uakutura Kambaekua) NAMPA.

WINDHOEK, 20 MAY 2026 - Professor Haihambo Ya-Otto from the University of Namibia was a key attendee at the graduation ceremony for the Tentative Certificate in Basic Pre-Vocational Skills, held in Windhoek on Wednesday. (Photo by: Uakutura Kambaekua) NAMPA.

NAMPA
WINDHOEK, 20 MAY 2026 - Helena Angula graduated with a certificate in Food Preparation in Windhoek on Wednesday, overcoming significant challenges as a student with special needs. (Photo by: Uakutura Kambaekua) NAMPA.

WINDHOEK, 20 MAY 2026 - Helena Angula graduated with a certificate in Food Preparation in Windhoek on Wednesday, overcoming significant challenges as a student with special needs. (Photo by: Uakutura Kambaekua) NAMPA.

NAMPA
WINDHOEK, 20 MAY 2026 - Otja Uandara graduated with a certificate in Early Childhood Development from Eros Girls’ School in Windhoek, overcoming significant challenges as a student with special needs. (Photo by: Uakutura Kambaekua) NAMPA.

WINDHOEK, 20 MAY 2026 - Otja Uandara graduated with a certificate in Early Childhood Development from Eros Girls’ School in Windhoek, overcoming significant challenges as a student with special needs. (Photo by: Uakutura Kambaekua) NAMPA.

NAMPA