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Stellantis aims to double revenue to 300 billion euros by 2030 -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO. The Stellantis logo is displayed on the building of Velizy-Villacoublay, France. February 23, 2022. REUTERS/Gonzalo Fuentes

(Reuters] Stellantis stated Tuesday that it aims at doubling its net revenues to 300 Billion Euros ($335 Billion) by 2030 while maintaining double-digit adjusted operational margins in order to manage the transition to zero-emission cars.

After merging PSA and Fiat Chrysler in early 2013, the world’s fourth-largest carmaker created, it said that it would focus its efforts on an asset light model to support its China business. It also expects that 100% of its European car sales will be electric by 2030. ($1 = 0.8957 euros)

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