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Ram Trucks Revival: Stellantis' Plan - News Directory 3

Ram Trucks Revival: Stellantis’ Plan

June 27, 2025 Catherine Williams Business
News Context
At a glance
  • Ram Trucks, a ⁢critical brand for‍ Stellantis, is embarking ⁤on a turnaround plan ‌to recapture market share in the highly competitive full-size ‍pickup truck segment.
  • Joseph Yoon, an analyst ‌at Edmunds.com, emphasized the importance of Ram's success for Stellantis.
  • the turnaround strategy involves several​ key initiatives.
Original source: cnbc.com

Ram Trucks is ⁣fighting to reclaim its lost market share,⁢ implementing a bold turnaround ⁣strategy. The plan‍ includes bringing ⁢back the powerful Hemi V-8 engine and reintroducing ⁢more affordable models, crucial steps for the primary_keyword full-size pickup truck segment. They’re also revving ⁣up their marketing efforts with a return to NASCAR and a revised electrification⁣ strategy, focusing⁤ on⁣ extended-range electric vehicles in the secondary_keyword automotive industry. news Directory 3 highlights that Ram is aiming⁣ for a 20-29.9% market share. Discover what’s next for Ram, with the success ⁣of its initiatives on the line.

Key Points

  • Ram’s market share has nearly halved since 2019, prompting a ​turnaround ⁣strategy.
  • The⁤ plan includes⁣ bringing back‍ the Hemi ⁣V-8 engine‍ and⁣ reintroducing lower-priced models.
  • Ram is ⁢returning to NASCAR to boost brand⁢ awareness and engage with fans.
  • Electrification plans are being adjusted, with a focus on extended-range electric vehicles.
  • The company aims for a full-size truck market share between 20% and ​29.9%.

Ram Trucks Aims to ⁤Regain ‌Lost Ground With V8s and NASCAR

⁤ ⁣ updated June 27, 2025
⁣

Ram Trucks, a ⁢critical brand for‍ Stellantis, is embarking ⁤on a turnaround plan ‌to recapture market share in the highly competitive full-size ‍pickup truck segment. ‍Once holding a strong​ position, Ram ⁣has seen its‍ share decline significantly, prompting a strategic shift.

Joseph Yoon, an analyst ‌at Edmunds.com, emphasized the importance of Ram’s success for Stellantis. Market share‍ for the‍ Ram 1500​ has fallen from 17.8% in 2019 to 8.4% in the first half of ⁢this year,according to Edmunds. Company data indicates that Ram’s full-size truck sales ‍have decreased by​ 41% since 2019, allowing rivals like General Motors⁤ and ‌Toyota ⁢motor‌ to ⁤gain ‍ground.

ram ‌1500 NASCAR⁢ concept truck at Michigan ​International​ Speedway.
Stellantis revealed its Ram 1500 NASCAR concept at the‌ Michigan International Speedway in June 2025. (Stellantis)

the turnaround strategy involves several​ key initiatives. Ram has resurrected its popular Hemi V-8 engine,‌ reintroduced more affordable truck models, and announced a return to NASCAR.additionally, a 10-year/100,000-mile limited powertrain warranty is now offered on new trucks.

Tim Kuniskis, who returned ‍to Ram amid leadership changes at Stellantis, indicated that further announcements could⁣ include new vehicles such as‌ a passenger van and a midsize pickup truck expected in 2027. ‌The brand has ⁣also launched a “Nothing Stops Ram” marketing campaign and delayed its electrified pickup trucks due to current market‍ demand.

Kuniskis,reflecting on past missteps,noted that a⁣ redesign of the Ram ​1500 led to production issues ​that persisted⁣ for over a year.”We tried to do ​too many things at once,” Kuniskis said,⁢ explaining⁢ that a more gradual approach would have‍ been more effective.

“We tried to ‌do too many things ⁤at once. we literally ‍changed everything rather of doing a cadence of the changes.”

tim Kuniskis, Ram CEO

as ‍part⁢ of the marketing push,​ Ram’s return to NASCAR includes a ⁤fan experiance called “Ride the Hemi,” a mechanical bull ride shaped ​like the brand’s ‌new Hemi logo. Participants who stay on for 15 ⁢seconds receive a special-edition T-shirt.

While Kuniskis declined‍ to‌ provide specific‍ sales targets, he stated that the company aims for a full-size truck market share between ‍20% and 29.9% by the end of the turnaround plan. In 2024,‌ Ram Trucks held approximately 17% of the U.S. full-size pickup truck market, according to industry data.

“I ​know exactly where we want to be and what our‌ expectations are. I should legitimately have a market‍ share that⁣ starts with⁣ a two. That’s a starting point for us.”

Tim Kuniskis, Ram CEO

Kuniskis emphasized that market⁤ share is just one factor, with plant utilization ‌and profits also being crucial. ‌He noted that retail sales are expected to increase by about 28% in the first⁤ half of the year.

A ‌key element of Kuniskis’ ⁣leadership is his “Last tenth LFG” mantra, encouraging his team to push beyond expectations. He distributed wristbands with this slogan to ‍his team and ​dealers to foster trust and⁣ collaboration.

Michael Bettenhausen, a dealer in Illinois and chairman of the Stellantis ​National⁢ Dealer Council, expressed confidence in the brand’s direction⁣ under Kuniskis’ leadership. He​ highlighted the importance ⁤of customer loyalty in​ the full-size pickup truck ⁤market.

“Everything that tim has showed us​ has us convinced that the brand is on a path to get back to the volumes that we’ve seen⁤ from years past. We’re really excited that Tim is leading this charge.It’s really⁤ remarkable.”

Michael Bettenhausen, Stellantis National Dealer Council Chairman

ram’s ⁢electrification plans are being adjusted. The company received 12,000 ⁢Hemi orders on the first day the engine was available for order. ‌While ⁤the all-electric model is delayed, the plug-in model, known as an extended-range electric vehicle (EREV), is⁤ slated‍ to begin production this year. Kuniskis believes the EREV will be a key differentiator and more vital to ​the ⁣turnaround plan through 2026.

What’s‍ next

looking ⁣ahead, Ram ⁣aims to solidify its ‌position by focusing ‍on retail growth, plant efficiency, ‍and strategic product ⁤launches. The success of the Hemi V-8 and the introduction of the EREV model will be critical in achieving its market share goals.

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