Stellantis CEO Antonio Filosa unveiled a new five-year strategic plan Thursday worth 60 billion euros (US$69.7 billion).

Shares of Stellantis are off nearly 30% since Antonio Filosa, a veteran who climbed through the company ranks, was named CEO nearly a year ago.

Brazil · Auto Industry Key Facts —A strategy reveal. Stellantis unveils a long-term plan on May 21 in Auburn Hills, Michigan, the first under CEO Anton