Stellantis plans to hire hundreds more engineers in Europe, US

· Politics · Netherlands · United States

Stellantis plans to continue hiring more engineers in Europe and the US as the automaker rolls out dozens of new models as part of its turnaround plan, Chief Engineering and Technology Officer Ned Curic said, Bloomberg reported. The hiring signals that the maker of Jeep, Peugeot and Fiat is investing in product development after a period of restructuring. Stellantis has been working to revive its lineup and competitiveness in key markets. The report did not give a specific number of hires beyond 'hundreds'.

Why it matters:Stellantis's engineering build-out is a test of whether the automaker can rebuild its model lineup fast enough to defend market share.

Key points

  • The hires are part of a turnaround plan tied to dozens of new models.
  • They will be spread across Europe and the US.
  • No precise hiring number was given.

Sources (original reporting)

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