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The Nexus
BUSINESSMay 21 · 11:53 UTCCNBC TOP

Stellantis unveils $70 billion turnaround plan, targets positive cash flow by 2028

Stellantis CEO Antonio Filosa announced a €60 billion ($69.7 billion) five-year strategic turnaround plan aimed at achieving positive cash flow by 2028. The comprehensive restructuring plan represents the company's commitment to financial recovery and operational improvement.

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