Stellantis to Add "Multiple Hundreds" of Engineers as Model Pipeline Grows

Hiring push meets a busier product slate

At the Paris car show, Chief Engineering and Technology Officer Ned Curic put it bluntly: "There's room for growth, I am hiring." He said Stellantis will add "multiple hundreds" of engineers this year across sites in Europe and the United States.

That message came alongside a heavy lift for the teams. Stellantis displayed more than 60 vehicles across eight brands, including nine concept cars, highlighting how much engineering and design work is in the queue.

Leapmotor tie up and what it is for

Stellantis pulled the cover off an all electric Citroën 2CV concept that will be co-developed with Chinese partner Zhejiang Leapmotor Technology Co. JPMorgan's Jose Asumendi and his team said the 2CV "could become an icon car like the Fiat 500 or the Polo."

Stellantis has also started joint development of a fresh electric Opel SUV alongside Leapmotor. The projects are a live test of using Chinese technology to make EVs more affordable in Europe. As Curic put it, "Just like they have taken insights into how we build things and we teach them how to do things, we have taken insights into how they do things and we are improving ourselves."

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Curic added there is still room for Stellantis engineers in France, Italy and Germany. His view was emphatic: "This is the hill I personally will die on," and "It's so critical for us that engineering stays and happens in Europe."

Strategy, competitors, and the investor read

In May, CEO Antonio Filosa outlined a major investment drive to bolster profitability, aiming to pool spending and squeeze efficiencies across brands that chase similar mass market customers. Filosa, who stepped into the job last year, has vowed to allocate about €60 billion ($67 billion) by 2030 to introduce dozens of new models.

Peers are moving in the opposite direction. Volkswagen is seeking to cut about 15 percent of its global workforce, and in April Renault said it plans to reduce as much as 20 percent of its global engineering team. The bottom line: Stellantis is leaning into hiring and product launches while rivals trim, a contrast investors can watch as the company tests tapping Chinese technology to build more affordable EVs in Europe and targets cost discipline across overlapping brands.

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