Stellantis CEO Carlos Tavares says a fully independent commercial vehicles business unit will unlock more value from a sector that already plays an important role in the automaker’s profitability.
The unit could build on Stellantis’ recent agreement with Amazon to provide battery-electric Ram ProMaster vans with “unique last mile delivery solutions.”
It will also develop alternative energy powertrains, including hydrogen fuel cells, and investigate the possibility of using autonomous vehicle technology.
In his Dare Forward strategic plan, presented last week, Tavares designated commercial vehicles as one of seven “accretive businesses” that will help Stellantis double its revenues to 300 billion euros by 2030.
Among his ambitions: Double commercial vehicle revenues to an unnamed sum; launch 26 new products, with one major launch each year; 100 percent full-electric options for vans and pickups in the U.S. and Europe; and 40 percent of vehicles sold with battery-electric drivetrains (except heavy-duty trucks).
“Our goals are simple: to be the undisputed leader in terms of market share and profitability,” Tavares said. “This is going to be a worldwide business unit, taking care of all the markets, all the brands, all the products, mostly vans and pickup trucks.”
In Europe, Tavares has created a range of commercial vans spread over four brands – Citroen, Fiat, Peugeot and Opel/Vauxhall – that will eventually be largely interchangeable but tailored for various markets. The automaker also builds vans for Toyota.