Stellantis to Boost Funding for Jeep, Ram, Peugeot and Fiat Starting This May

On April 25, Reuters reported, citing internal sources within the company, that Stellantis is preparing a significant reshuffling of how it allocates money and engineering resources. In May, CEO Antonio Filosa is expected to present a new long-term strategy, and according to those sources, the focus will be placed heavily on four key brands: Jeep, Ram, Peugeot, and Fiat. These are set to receive increased funding in order to drive growth across the wider group.

It’s worth noting that Stellantis is currently the world’s fourth-largest automaker by sales. The upcoming long-term plan will be unveiled in Detroit, with a clear emphasis on the most profitable and globally recognized brands—those that can be most easily monetized across different markets.

That said, the rest of the portfolio is not disappearing. Brands such as Citroën, Opel, and Alfa Romeo will continue to receive investment, but Reuters sources indicate that a larger share of development funding will go toward platforms and technologies built around the four priority brands. Smaller or weaker-performing nameplates will likely become more region-focused, concentrating on markets where they already have a strong base or remaining growth potential.

The group is currently trying to regain market share in both the United States and Europe while also defending its position against rising Chinese automakers in Europe and other developing regions. Back in February, amid a slowdown in its electric vehicle rollout, Stellantis reported charges totaling €22.2 billion. Three sources say the strategic shift has already been backed by key investors, including major shareholder Exor. Stellantis itself was formed in 2021 through the merger of Fiat Chrysler Automobiles and PSA Group.

Officially, the company told Reuters only that its wide brand portfolio remains a strength, highlighting the balance between global scale and strong local heritage, but it declined to comment directly on restructuring plans.

Pressure in recent years has weighed heavily on valuation. Stellantis’ market cap has fallen to roughly €21 billion, only slightly above Rivian’s valuation (around $21 billion) and less than half of Volkswagen’s market value. That decline has reignited debate among analysts and investors about potentially cutting weaker brands to save costs, especially in Europe, where overlap between brands like Lancia, DS, Citroën, and Opel is often cited.

However, according to four sources, CEO Antonio Filosa is not currently planning any major brand eliminations. He took over as CEO last year and is aiming to stabilize and reverse the company’s performance, believing that individual brands still hold strong value in key national markets.

Still, analysts note that consolidation may eventually become unavoidable. Automakers, however, tend to delay such decisions for as long as possible—something seen before with General Motors, which only retired Saturn and Pontiac during its 2008 bankruptcy restructuring.