Parent company of Fiat, Citroën, Peugeot and Vauxhall targets boost in annual global LCV sales to two million
Stellantis aims to overtake Ford to become global leader in light commercial vehicles by 2027, the company has said. The multinational giant wants to boost its sales of vans and pick-up trucks from 1.6 million globally last year to around two million in 2027, which it said would be enough to overtake its key rival. “If you want to be number one, you have beat Ford,” said Stellantis LCV boss Jean-Philippe Imparato at an event laying out the company's future strategy in the market segment.
Stellantis is aiming to capitalise on its market leadership in electric vans in Europe, where it sells EV versions of its compact vans and mid-size vans . The company is poised to upgrade these vans to improve their ranges and is expected to add an electric version of its large vans . Around a third of sales of its mid-size vans in Europe are electric.
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