Stellantis Renews Commercial Van Lineup
24 October 2023 - 2:44AM
Dow Jones News
By Mauro Orru
Stellantis shared a new lineup of commercial vans for its
Citroen, Fiat Professional, Opel, Peugeot and Vauxhall brands as it
seeks to double commercial-vehicle revenue by the end of the
decade.
The company, formed by the combination of Fiat Chrysler and
Peugeot maker PSA Group, said Monday that its new lineup consisted
of 12 compact, mid-size and large commercial vans across its
brands, equipped with zero-emission technologies and in-house
electric-vehicle battery systems.
Stellantis's commercial-vehicle business currently makes up one
third of group revenue, with annual sales of 1.6 million units.
Stellantis is seeking to double commercial-vehicle revenue by the
end of the decade compared with 2021, reaching a 40%
electric-vehicle sales mix and generating 5 billion euros ($5.30
billion) in connected services revenue.
Write to Mauro Orru at mauro.orru@wsj.com
(END) Dow Jones Newswires
October 23, 2023 11:29 ET (15:29 GMT)
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