Stellantis to focus funding on core auto brands, Reuters reports

Stellantis (STLA) plans to prioritize investment in its core brands — Jeep, Ram, Peugeot, and Fiat — under a new strategy to be unveiled in May, with a significant increase in funding for these key franchises, Reuters’ Giulio Piovaccari, Nora Eckert and Gilles Guillaume report, citing sources. Other brands in its portfolio will receive more limited support, mainly leveraging shared technology from the core group, according to the report.