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Stellantis confirms 7 models under $40,000 as part of 110 new cars

North American expansion targets 50% market coverage increase with Chrysler getting three crossovers.

Stellantis will launch seven models priced below $40,000 by 2030. Two start under $30,000. The automaker announced 110 new or refreshed products globally as part of its FaSTLAne 2030 plan.

The affordability push addresses Stellantis' limited North American lineup, where brands like Chrysler have shed volume under previous management. The company targets 25% revenue growth and 35% volume increases versus current levels, according to Stellantis' strategic plan announcement in May 2024.

110 New Models Split Across Powertrains

Stellantis plans more than 60 completely new vehicles and 50 refreshes through 2030. The powertrain breakdown: 39 combustion or mild-hybrid models, 29 battery-electric vehicles, 24 hybrid-electric variants, and 15 plug-in hybrids or range-extended EVs. That calculation shows combustion powertrains still dominate at 35% of the total, while pure electrics represent 26%. Four brands—Jeep, Ram, Peugeot, and Fiat—will receive 70% of product investments. The remaining 30% spreads across eight other brands including Chrysler and Dodge, now classified as 'regional' rather than global brands. General Motors' concurrent portfolio restructuring follows similar regional brand classification.

Chrysler Gets Three Crossovers

The FaSTLAne 2030 document details Chrysler's product renaissance with three new crossovers. The mid-size Airflow SUV will cost under $40,000. Two compact models, the Arrow and Arrow Cross, span $25,000 to $35,000 pricing. Ram adds a Dakota pickup under $40,000 plus its first three-row SUV, likely called Ramcharger. These seven sub-$40,000 models form part of 11 total North American launches planned through 2030. Chrysler will also expand Pacifica variants beyond the current minivan configuration. The strategy mirrors Honda's CR-V redesign timeline, where affordable crossovers anchor broader portfolio expansion.

Platform Consolidation Versus Chinese Partnerships

Stellantis will build most new products on three global platforms, including one designated STLA One. This consolidation contrasts with the company's simultaneous Chinese partnerships through Leapmotor, Dongfeng, Tata, and JLR deals. The platform strategy reduces development costs while Chinese collaborations provide market access and manufacturing scale. North American market coverage expands 50% under the plan, compared to current penetration levels. The dual approach—internal platform efficiency plus external partnerships—differs from Changan's rejection of shared production in European markets, where Chinese automakers prefer wholly-owned facilities.

Brand Hierarchy Reshuffles

Stellantis reclassified Chrysler and Dodge as 'regional brands' alongside Citroën, Opel, and Alfa Romeo. These brands will receive global platform assets after the four priority brands launch them first. DS and Lancia drop to 'historical brand' status, managed by Citroën and Fiat respectively as specialty manufacturers. The hierarchy change means Chrysler, despite getting three new crossovers, loses its previous global brand status. Regional brands must wait for hand-me-down platforms rather than getting first access to new architecture. This structure could delay Chrysler's competitive response in segments where rivals introduce fresh products first.

The 110-model plan requires $50 billion investment through 2030, with first deliveries starting in 2026. Stellantis operates 44 manufacturing plants across 15 countries. Production begins in 18 months. The complete Stellantis model history and specifications are catalogued in the Global Auto Index manufacturer database.