Stellantis Exec Says Ram Brand Targeting Record Sales By End 2025; Co Confirms Plans For 100% Zero Emission Lineup In Europe By 2030; European New Car Mkt Seen Little Changed Above 15M Units A Year In Second Part Of Decade
Portfolio Pulse from Benzinga Newsdesk
Stellantis executive announced that the Ram brand is targeting record sales by the end of 2025. The company also confirmed plans for a 100% zero-emission lineup in Europe by 2030. The European new car market is expected to remain stable above 15 million units per year in the latter part of the decade.
June 13, 2024 | 1:58 pm
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Stellantis aims for record sales for its Ram brand by 2025 and plans a 100% zero-emission lineup in Europe by 2030. The European car market is expected to remain stable.
The announcement of targeting record sales and a shift to a zero-emission lineup is likely to positively impact Stellantis' stock. The stable European car market further supports this outlook.
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