Stellantis N.V 6-K, filed May 22, 2026
Stellantis N.V. (STLA)
6-K
2026-05-22
For: 2026-05-21
View Original
Added on
May 22, 2026
About this 6-K
Stellantis N.V filed this 6-K on May 22, 2026.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________________
FORM 6-K
_______________________________
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2026
Commission File No. 001-36675
_______________________________
STELLANTIS N.V.
(Translation of Registrant’s Name Into English)
_______________________________
Taurusavenue 1
2132LS, Hoofddorp
The Netherlands
Tel. No.: +31 237001511
(Address of Principal Executive Offices)
_______________________________
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule101(b)(7): o
The following exhibit is furnished herewith:
| Exhibit 99.1 | Press release issued by Stellantis N.V. dated May 21, 2026. | ||||
| Exhibit 99.2 | Press release issued by Stellantis N.V. dated May 21, 2026. | ||||
| Exhibit 99.3 | Press release issued by Stellantis N.V. dated May 21, 2026. | ||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: May 22, 2026 | STELLANTIS N.V. | ||||||||||
By: | /s/ Giorgio Fossati | ||||||||||
Name: Giorgio Fossati | |||||||||||
Title: General Counsel | |||||||||||
Index of Exhibits
Exhibit Number | Description of Exhibit | ||||
| 99.1 | Press release issued by Stellantis N.V. dated May 21, 2026. | ||||
| 99.2 | Press release issued by Stellantis N.V. dated May 21, 2026. | ||||
| 99.3 | Press release issued by Stellantis N.V. dated May 21, 2026. | ||||
Exhibit 99.1
Stellantis to Present New Strategic Plan Today at Investor Day 2026
AMSTERDAM, May 21, 2026 – Stellantis will present its new strategic plan today at Investor Day 2026, beginning at 2:00 p.m. CEST / 8 a.m. EDT at the Company’s Auburn Hills, Michigan (U.S.) headquarters and broadcast via live webcast.
Antonio Filosa, Chief Executive Officer, will outline Stellantis’ new strategic direction and long-term vision to investors, analysts, media and other stakeholders.
Details for accessing the event are available under the Investors section of the Stellantis corporate website at the following link: www.stellantis.com/en/investors/events/stellantis-investor-day-2026. Presentation materials will be made publicly available at the start of the event in the Investors section of the Company’s website, and a recorded replay will be available there afterward.
# # #
About Stellantis
Stellantis (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is a leading global automaker, dedicated to giving its customers the freedom to choose the way they move, embracing the latest technologies and creating value for all its stakeholders. Its unique portfolio of iconic and innovative brands includes Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. For more information, visit www.stellantis.com
 @Stellantis |  Stellantis |  Stellantis |  Stellantis | ||||||||
For more information, contact: | ||
Fernão SILVEIRA +31 6 43 25 43 41 – fernao.silveira@stellantis.com | ||
Nathalie ROUSSEL +33 6 87 77 41 82 – nathalie.roussel@stellantis.com | ||
communications@stellantis.com | ||
www.stellantis.com | ||
Exhibit 99.2
Stellantis Unveils €60 Billion Strategic Plan
to Accelerate Growth and Profit
***
FaSTLAne 2030 Leverages Stellantis’ Unique Combination of Iconic
Brands, Global Scale & Regional Roots Fueled by Customer Centricity &
Focused Capital Allocation
AMSTERDAM, May 21, 2026 – Stellantis today unveils FaSTLAne 2030, its €60 billion, five-year strategic plan to accelerate growth and profit.
At the morning session of Investor Day at the Company’s North America Headquarters in Auburn Hills, Michigan, Stellantis Leadership sets out the six core pillars of its strategy moving forward.
These build on the Company’s priority to put the customer at the center and on the discipline to allocate capital, where regions and brands can generate the best returns.
The pillars of FaSTLAne 2030 are:
1.Sharper management of unparalleled brand portfolio
2.Investment in global platforms, powertrains and technology
3.Partnerships complementing Stellantis’ core strengths
4.Manufacturing footprint optimization
5.Excellence in execution
6.Empowerment of regions and local teams
CEO Antonio Filosa said of the strategic plan: “FaSTLAne 2030 is the result of months of disciplined work across the Company and is designed to drive long-term profitable growth. With the customer at the center of everything we do, the plan will deliver our purpose – ‘to move people with brands and products they love and trust’ – powered by our unique combination of strengths.”
“We have great people, the muscle of global scale, unmatched brands that connect and inspire, the deep local roots of our regions and dealer partners to meet our customers’ distinctive needs, and a relentless focus on innovation and excellence in execution. With these strengths, we are uniquely positioned to offer delight, functionality, and affordability. Adding to these the accelerating and amplifying benefits of our ‘win-win’ partnerships, we have everything we need to deliver our FaSTLAne 2030 ambitions.”
Filosa, along with members of Stellantis Leadership, presents in detail the pillars of FaSTLAne 2030 during the strategic session of Investor Day.
1) Sharper Management of Unparalleled Brand Portfolio
The Company’s approach to managing its brand portfolio and product plan has been overhauled to maximize capital efficiency, avoid duplicate spending, and support profitability.
This will result, between now and 2030, in more than 60 new vehicle launches and 50 significant refreshes, across all brands and powertrain energies, including 29 battery-electric vehicles, 15 plug-in hybrid or range-extended electric vehicles, 24 hybrid electric vehicles and 39 ICE/mild hybrid electric vehicles.
With this refocused approach, Stellantis now has four global brands with the greatest scale and the highest potential for profitability: Jeep®, Ram, Peugeot and FIAT. These brands, with their multi-regional presence, are natural first launchers for all new global assets. Seventy percent of the plan’s brand and product investments will be directed to these brands, as well as to Pro One, Stellantis’ commercial vehicles business unit.
The Company’s five regional brands – Chrysler, Dodge, Citroën, Opel and Alfa Romeo – each are very strong in their respective markets and will benefit from these same global assets and increase brand distinctiveness to delight their customers.
DS and Lancia are historic brands, prominent in France and in Italy. They will be managed by Citroën and FIAT and developed as specialty brands.
The Company plans to strengthen the future of Maserati, a pure luxury brand with a unique customer legacy and a powerful lineup, adding two new E-segment vehicles. A detailed roadmap will be shared in Modena in December 2026.
“Every brand in Stellantis will play a clear role in delivering our FaSTLAne 2030 commitments,” said Filosa.
2) Investment in Global Platforms, Powertrains and Technologies
The Company’s global scale is one of its core strengths. Over the next five years, Stellantis will invest over €24 billion (40% of total R&D and CapEx investment during the period) in global platforms, powertrains and new technologies.
Platforms are modular by design to drive efficiency and competitiveness. By 2030, 50% of global annual volumes will be produced on three global platforms, including the all-new STLA One. A concrete example of modularity by design, STLA One is a new architecture designed from inception to maximize commonality and competitiveness.
Powertrains expand freedom of choice. Stellantis will broaden its multi-energy coverage with new hybrids, new battery electric vehicles and highly efficient internal combustion engines. By 2030, nearly 50% of global annual volumes will be equipped with multi-regional powertrain solutions, with energy flexibility built into the portfolio.
Technology ‘made for humans’ is at the heart of FaSTLAne 2030. Stellantis’ technology strategy starts from a simple principle: technology only matters if it improves
everyday life for real customers. No technology for the sake of it. Opening a new chapter with artificial intelligence (AI) embedded across the stack, the plan entails developing global technologies in collaboration with first-tier partners, and rolling them out locally to the brands and products in each region:
•STLA Brain, the Stellantis scalable central compute and software architecture.
•STLA SmartCockpit, which will define a new way for customers to interact with their vehicles.
•STLA AutoDrive, the Company’s scalable autonomous driving system.
All these technologies will be launched in 2027. By 2030, 35% of global annual volumes will be equipped with at least one of these technologies and by 2035, that figure will increase to more than 70%.
3) Partnerships Complementing Stellantis’ Core Strengths
With its unique combination of strengths – iconic brands, global scale and local roots – Stellantis is uniquely positioned to attract the best players in their fields, accelerating value creation through win-win partnerships.
The Company is entering into new partnerships or expanding existing ones, co-developing and co-funding products to gain access to additional markets, broadening technology optionality, increasing manufacturing capacity utilization, and improving sourcing competitiveness. Examples of these include:
•Through Leapmotor International, 51% owned by Stellantis, the Company has built with Leapmotor a groundbreaking commercial collaboration with a growing global reach. Moving forward, Stellantis and Leapmotor intend to join forces in purchasing, leveraging their supplier bases and improving cost competitiveness. They also plan to cooperate industrially, starting with plans to share capacity at the Madrid and Zaragoza (Spain) plants, in line with the upcoming Made-in-Europe requirements.
•With its historical partner Dongfeng, Stellantis is launching a new era of cooperation under its China-based DPCA joint venture, to produce two Peugeots and two Jeep® models for sale in China and other regions. In addition, the Company intends to create a European joint venture with Dongfeng, 51% Stellantis-owned, to collaborate on distribution, engineering, sourcing and capacity sharing, starting with plans at the Rennes (France) plant in line with the upcoming Made-in-Europe requirements.
•In partnership with Tata, the Company is enhancing its competitiveness in Asia Pacific, Middle East and Africa, and South America through synergies in manufacturing, supply chain, product, and technology.
•With Jaguar Land Rover (JLR), the Company plans to explore collaboration synergies across product and technology development in the United States.
•Across its computing architecture, software, ADAS, artificial intelligence and battery technology, Stellantis is advancing with strategic partnerships that are intended to complement internal capabilities and accelerate vehicle development,
including with Applied Intuition, Qualcomm, Wayve, NVIDIA, Uber, Mistral AI, and CATL, among others.
4) Optimized Manufacturing Footprint
With FaSTLAne 2030, the Company’s capacity utilization will be significantly increased across regions. This will be achieved through increased volumes enabled by the product offensive, as well as through targeted local actions.
•In Europe, capacity is expected to be reduced by more than 800,000 units, repurposing plants (such as in Poissy, France) and leveraging partnerships (such as in Madrid and Zaragoza, in Spain, and Rennes, in France), all while aiming to preserve manufacturing jobs. Capacity utilization will increase from 60% to 80% in 2030.
•In the United States, increased production is expected to improve capacity utilization to 80% in 2030.
•In the Middle East and Africa, the plan envisions product localization, driving full capacity utilization by 2030.
5) Excellence in Execution
FaSTLAne 2030 will be characterized by a relentless focus on execution, most importantly in terms of increased speed, quality and efficiency across all regions.
•In product development, the Company will considerably accelerate vehicle development cycles, targeting 24 months compared to up to 40 months today.
•In quality, FaSTLAne 2030 will build on significant improvements in the past 12 months and targets top-quartile performance in all regions over the plan period.
•In cost competitiveness, the recently launched multi-year Value Creation Program (VCP) is set to deliver €6 billion of annual cost reduction by 2028 (versus a 2025 baseline), as well as business-wide revenue growth opportunities, including in commercial performance.
•AI will be a key enabler to transform execution capabilities, with more than 120 applications deployed today across our operations.
“The success of FaSTLAne 2030 is built upon the great talent and strong commitment of our Stellantis team,” added Filosa. “We will execute as one team, hands-on, to deliver incremental, profitable growth for the benefit of all our stakeholders.”
6) Regions and Local Teams Empowerment
Automotive is, above all, a regional business; this is where the customers are. With its deep and historic local roots, Stellantis is uniquely placed to seize the opportunity this presents.
Over the past year, decision-making has been largely moved to the regions, reinforcing the Company’s bond with the customers it serves. Meanwhile, long-standing,
constructive relationships with unions, dealers, suppliers, business partners, and communities have been significantly strengthened.
With FaSTLAne 2030, each region is now empowered to leverage Stellantis’ global scale to define and implement tailored plans that best suit local markets’ realities and customers’ distinctive preferences.
•In North America, the Company targets 25% revenue growth, and an AOI margin of 8-10% focusing on:
◦expanding market coverage by 50%, with 11 all-new vehicles and 35% more volume
◦boosting offering with seven new products under the $40,000 range and two under $30,000, and
◦improving cost competitiveness through the Value Creation Program.
Given the region’s market opportunities and profitable growth potential, 60% of the €36 billion to be invested in brands and products will be allocated to North America.
•In Enlarged Europe, the Company targets 15% revenue growth and a 3-5% AOI margin through:
◦refocusing the brand portfolio, bringing even greater differentiation to brands and expanding coverage with a C-segment offensive and the introduction of the groundbreaking E-Car, a new generation of stylish and affordable city-friendly electric vehicles to be made in Europe, starting with the Company’s Pomigliano d’Arco, Italy plant,
◦driving cost competitiveness, through the all-new STLA One platform, and
◦increasing capacity utilization through increased volume and plant repurposing and capacity sharing.
•In South America, the Company targets 10% revenue growth and an AOI margin of 8-10% by building on its leadership in Brazil and Argentina, launching a pickup offensive, as well as growing in other countries in the region.
•In the Middle East and Africa, the Company targets 40% revenue growth and an AOI margin of 10-12%, driven by product localization and increased imports from Asian partnerships.
•In Asia Pacific, the Company targets an AOI margin of 4-6%, leveraging strategic partnerships to enable asset-light growth locally and to export products to support other regions.
Stellantis will present its detailed financial framework, including financial services performance and FaSTLAne 2030 financial targets, during the financial session of
Investor Day later today. A separate press release will be issued at the start of that session.
Additional Note
All investment, product, and capacity utilization-related objectives described above are based on current planning assumptions.
Certain partnership initiatives described above are subject to ongoing discussions and non-binding arrangements. Execution, timing and scope remain subject to definitive agreements and required approvals.
Adjusted operating income/(loss) excludes from Net profit/(loss) from continuing operations adjustments comprising restructuring and other termination costs, impairments, asset write-offs, disposals of investments and unusual operating income that are considered rare or discrete events and are infrequent in nature, as inclusion of such items is not considered to be indicative of the Company’s ongoing operating performance, and also excludes Net financial expenses/(income) and Tax expense/(benefit). Unusual operating income/(expense) are impacts from strategic decisions, as well as events considered rare or discrete and infrequent in nature, as inclusion of such items is not considered to be indicative of the Company's ongoing operating performance. Unusual operating income/(expense) includes, but may not be limited to: impacts from strategic decisions to rationalize Stellantis’ core operations; facility-related costs stemming from Stellantis’ plans to match production capacity and cost structure to market demand, and convergence and integration costs directly related to significant acquisitions or mergers.
Adjusted operating income/(loss) margin is calculated as Adjusted operating income/(loss) divided by Net revenues
Presentation materials and a replay of the event are available in the Investors section of the Company’s website.
# # #
About Stellantis
Stellantis (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is a leading global automaker, dedicated to giving its customers the freedom to choose the way they move, embracing the latest technologies and creating value for all its stakeholders. Its unique portfolio of iconic and innovative brands includes Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. For more information, visit www.stellantis.com
 @Stellantis |  Stellantis |  Stellantis |  Stellantis | ||||||||
For more information, contact: | ||
Fernão SILVEIRA +31 6 43 25 43 41 – fernao.silveira@stellantis.com | ||
communications@stellantis.com | ||
www.stellantis.com | ||
Stellantis Forward-Looking Statements
This document contains forward-looking statements. In particular, statements regarding future financial performance and the Company’s expectations as to the achievement of certain targeted metrics, including but not limited to net revenues, industrial free cash flows, adjusted operating income, vehicle shipments, vehicle sales, market coverage, capacity utilization and new product development cycles, at any future date or for any future period are forward-looking statements. These statements may include terms such as “may”, “will”, “expect”, “could”, “should”, “intend”, “estimate”, “anticipate”, “believe”, “remain”, “on track”, “design”, “target”, “objective”, “goal”, “forecast”, “projection”, “outlook”, “prospects”, “plan”, or similar terms. Forward-looking statements are not guarantees of future performance. Rather, they are based on the Company’s current state of knowledge, future expectations and projections about future events and are by their nature, subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them.
Actual results may differ materially from those expressed in forward-looking statements as a result of a variety of factors, including: the Company’s ability to maintain vehicle shipment volumes; changes in the global financial markets, general economic environment and changes in demand for automotive products, which is subject to cyclicality; changes in trade policy, the imposition of global and regional tariffs targeted to the automotive industry; the Company’s ability to accurately predict the market demand for electrified vehicles; the Company’s ability to offer innovative, attractive products; a significant malfunction, disruption or security breach compromising information technology systems or the electronic control systems contained in the Company’s vehicles; the Company's ability to attract and retain experienced management and employees; exchange rate fluctuations, interest rate changes, credit risk and other market risks; increases in costs, disruptions of supply or shortages of raw materials, parts, components and systems used in the Company’s vehicles; changes in local economic and political conditions; the enactment of tax reforms or other changes in tax laws and regulations; the level of governmental economic incentives available to support the adoption of battery electric vehicles; the impact of increasingly stringent regulations regarding fuel efficiency and greenhouse gas and tailpipe emissions; various types of claims, lawsuits, governmental investigations and other contingencies, including product liability and warranty claims and environmental claims, investigations and lawsuits; material operating expenditures in relation to compliance with environmental, health and safety regulations; the level of competition in the automotive industry, which may increase due to consolidation and new entrants; exposure to shortfalls in the funding of the Company’s defined benefit pension plans; the Company’s ability to provide or arrange for access to adequate financing for dealers and retail customers; risks related to the operations of financial services companies; the Company’s ability to access funding to execute its business plan; the Company’s ability to realize anticipated benefits from joint venture arrangements; disruptions arising from political, social and economic instability; risks associated with the Company’s relationships with employees, dealers and suppliers; the Company’s ability to maintain effective internal controls over financial reporting; developments in labor and industrial relations and developments in applicable labor laws; earthquakes or other disasters; and other risks and uncertainties.
Any forward-looking statements contained in this document speak only as of the date of this document and the Company disclaims any obligation to update or revise publicly forward-looking statements. Further information concerning the Company and its businesses, including factors that could materially affect the Company’s financial results, is included in the Company’s reports and filings with the U.S. Securities and Exchange Commission and AFM.
Exhibit 99.3
Stellantis Presents FaSTLAne 2030 Financial Framework & Targets
at Investor Day 2026
***
FaSTLAne 2030 Leverages Stellantis’ Unique Combination of Iconic Brands, Global Scale & Regional Roots Fueled by Customer Centricity & Focused Capital Allocation
AMSTERDAM, May 21, 2026 – Stellantis today unveils FaSTLAne 2030, its €60 billion, five-year strategic plan to accelerate growth and profit.
At the afternoon financial session of Investor Day 2026, Stellantis presents the financial framework supporting its FaSTLAne 2030 strategic plan, including the contribution of Stellantis Financial Services and the Company’s long‑term financial targets.
Customer Experience Powered by Stellantis Financial Services
Stellantis Financial Services (SFS) is a strategic growth engine for the Company, with an increasingly significant contribution to profitability and cash flow. The U.S. operation has already expanded rapidly and will continue to be the main growth area. Stellantis expects additional global growth opportunities, including in insurance and other value-added customer services.
SFS entities already manage more than €85 billion of net receivables1, including five established captives and six established joint ventures across key markets worldwide. The business has upside growth potential, targeting a contribution of more than €1.5 billion of AOI in 2030, with a mid-term return on equity in line with industry benchmarks.
FaSTLAne 2030 Financial Targets
Under FaSTLAne 2030, Stellantis has established clear financial objectives to drive long-term profitable growth, accelerate structural value creation, maintain financial flexibility, and generate sustainable shareholder returns:
•Revenue growth, from €154 billion in 2025 to €190 billion by 2030;
•AOI margin of 7% by 2030, with significant improvements in the near term;
•Positive Industrial Free Cashflow in 2027, increasing to €6 billion in 2030; and
•Cost reduction run-rate of €6 billion by 2028 (compared to 2025), further increasing through 2030, delivered through the Value Creation Program.
These metrics reflect disciplined capital allocation, a growing contribution from Financial Services, and a rigorous, enterprise-wide focus on the customer, while supporting long-term value creation.
1 Includes non-consumer financing, consumer financing and lease financing managed by consolidated entities and non-consolidated financial service joint ventures.
Additional Note
All investment, product, and capacity utilization-related objectives described during the Investor Day are based on current planning assumptions.
Certain partnership initiatives described during the Investor Day are subject to ongoing discussions and non-binding arrangements. Execution, timing and scope remain subject to definitive agreements and required approvals.
Adjusted operating income/(loss) excludes from Net profit/(loss) from continuing operations adjustments comprising restructuring and other termination costs, impairments, asset write-offs, disposals of investments and unusual operating income that are considered rare or discrete events and are infrequent in nature, as inclusion of such items is not considered to be indicative of the Company's ongoing operating performance, and also excludes Net financial expenses/(income) and Tax expense/(benefit). Unusual operating income/(expense) are impacts from strategic decisions, as well as events considered rare or discrete and infrequent in nature, as inclusion of such items is not considered to be indicative of the Company's ongoing operating performance. Unusual operating income/(expense) includes, but may not be limited to: impacts from strategic decisions to rationalize Stellantis' core operations; facility-related costs stemming from Stellantis' plans to match production capacity and cost structure to market demand, and convergence and integration costs directly related to significant acquisitions or mergers.
Adjusted operating income/(loss) margin is calculated as Adjusted operating income/(loss) divided by Net revenues
Presentation materials and a replay of the event are available in the Investors section of the Company’s website.
# # #
About Stellantis
Stellantis (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is a leading global automaker, dedicated to giving its customers the freedom to choose the way they move, embracing the latest technologies and creating value for all its stakeholders. Its unique portfolio of iconic and innovative brands includes Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. For more information, visit www.stellantis.com
 @Stellantis |  Stellantis |  Stellantis |  Stellantis | ||||||||
For more information, contact: | ||
Fernão SILVEIRA +31 6 43 25 43 41 – fernao.silveira@stellantis.com | ||
communications@stellantis.com | ||
www.stellantis.com | ||
Stellantis Forward-Looking Statements
This document contains forward-looking statements. In particular, statements regarding future financial performance and the Company’s expectations as to the achievement of certain targeted metrics, including but not limited to net revenues, industrial free cash flows, adjusted operating income, vehicle shipments, vehicle sales, market coverage, capacity utilization and new product development cycles, at any future date or for any future period are forward-looking statements. These statements may include terms such as “may”, “will”, “expect”, “could”, “should”, “intend”, “estimate”, “anticipate”, “believe”, “remain”, “on track”, “design”, “target”, “objective”, “goal”, “forecast”, “projection”, “outlook”, “prospects”, “plan”, or similar terms. Forward-looking statements are not guarantees of future performance. Rather, they are based on the Company’s current state of knowledge, future expectations and projections about future events and are by their nature, subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them.
Actual results may differ materially from those expressed in forward-looking statements as a result of a variety of factors, including: the Company’s ability to maintain vehicle shipment volumes; changes in the global financial markets, general economic environment and changes in demand for automotive products, which is subject to cyclicality; changes in trade policy, the imposition of global and regional tariffs targeted to the automotive industry; the Company’s ability to accurately predict the market demand for electrified vehicles; the Company’s ability to offer innovative, attractive products; a significant malfunction, disruption or security breach compromising information technology systems or the electronic control systems contained in the Company’s vehicles; the Company's ability to attract and retain experienced management and employees; exchange rate fluctuations, interest rate changes, credit risk and other market risks; increases in costs, disruptions of supply or shortages of raw materials, parts, components and systems used in the Company’s vehicles; changes in local economic and political conditions; the enactment of tax reforms or other changes in tax laws and regulations; the level of governmental economic incentives available to support the adoption of battery electric vehicles; the impact of increasingly stringent regulations regarding fuel efficiency and greenhouse gas and tailpipe emissions; various types of claims, lawsuits, governmental investigations and other contingencies, including product liability and warranty claims and environmental claims, investigations and lawsuits; material operating expenditures in relation to compliance with environmental, health and safety regulations; the level of competition in the automotive industry, which may increase due to consolidation and new entrants; exposure to shortfalls in the funding of the Company’s defined benefit pension plans; the Company’s ability to provide or arrange for access to adequate financing for dealers and retail customers; risks related to the operations of financial services companies; the Company’s ability to access funding to execute its business plan; the Company’s ability to realize anticipated benefits from joint venture arrangements; disruptions arising from political, social and economic instability; risks associated with the Company’s relationships with employees, dealers and suppliers; the Company’s ability to maintain effective internal controls over financial reporting; developments in labor and industrial relations and developments in applicable labor laws; earthquakes or other disasters; and other risks and uncertainties.
Any forward-looking statements contained in this document speak only as of the date of this document and the Company disclaims any obligation to update or revise publicly forward-looking statements. Further information concerning the Company and its businesses, including factors that could materially affect the Company’s financial results, is included in the Company’s reports and filings with the U.S. Securities and Exchange Commission and AFM.