From Motor1 · Anthony Alaniz · · 1m
Stellantis CEO Sees Cheap Car Opportunity
Stellantis CEO spots $40k car launch window amid rising costs.
In brief
Stellantis CEO spots $40k car launch window amid rising costs. Stellantis plans nine new models under $40,000 to compete with Ford and Toyota in affordable vehicles. Originally reported by Motor1.
Stellantis CEO sees opportunity
Stellantis CEO Antonio Filosa said there is a 'huge opportunity' for the automaker to launch more affordable models.
“huge opportunity”
Nine new models under $40k
The automaker plans to introduce nine new cars with prices below $40,000, including two under $30,000.
Jeep Compass cheapest offering
Jeep Compass is Stellantis' cheapest US model starting under $30,000 without destination charge.
Chrysler Airflow and Arrow models
Chrysler Airflow will start under $40,000 as a mid-size SUV, with Arrow and Arrow Cross expected to start around $25,000.
Ram Rampage and Dakota
Ram Rampage will compete with Ford Maverick starting under $30,000, and Dakota expected to slip under $40,000.
Dodge GLH and hybrid Cherokee
Dodge GLH targets sedan market starting under $40,000, and Jeep Cherokee hybrid launched with 210 horsepower.
At a glance
Stellantis plans nine new models under $40,000 to compete with Ford and Toyota in affordable vehicles.
