The Cost Engineer role develops detailed cost estimates for components and tooling using an activity‑based costing approach. This role works directly with bills of material, drawings, and physical samples to understand how parts are made and to estimate the associated component, manufacturing, and investment costs.
In this position, you will use established Stellantis methods and processes to analyze costs, provide guidance to internal teams, and support cost convergence activities. You will collaborate with global engineering, purchasing, finance, and supplier teams to ensure competitive and transparent cost structures from early concept through serial production.
Multiple roles are being fulfilled within this job posting- for all component scopes within the vehicle structure (Body, Interior, Chassis, Engine Adaptation, Electrical Components and Systems, Powertrain). Position fulfillment to utilize applicant background and experience as paired to internal role needs. Organization Success in this role requires curiosity, agility, and a collaborative mindset within a fast‑paced, global environment.
Key Deliverables:
Develop component cost estimates for new programs, including:
- Early‑phase cost engineering estimates
- Detailed “should‑cost” calculations using a bottom‑up manufacturing approach
- Provide idea generation and cost support during vehicle development to help achieve cost targets (Design‑to‑Cost)
- Support purchasing during supplier negotiations by completing gap analyses of supplier cost breakdowns (Piece Price, ED&D, Tooling)
- Contribute to benchmarking and value optimization activities, including serial life should‑cost assessments
- Collaborate closely with internal global team, Engineering, Buyers, and Suppliers
- Provide global cost comparison analysis in partnership with the broader Cost Engineering community
Basic Qualifications:
- Bachelor’s degree in Engineering, Business or a related field
- Minimum of 5 years of experience in the automotive industry, advanced manufacturing or related industries
- Strong English verbal and written skills to support role job key deliverables
- Ability to manage a high volume of parts and varying levels of complexity
- Proficiency with Microsoft PowerPoint, Excel, and Word
- Ability to work effectively across multiple levels of the organization, functions, and global regions
Preferred Qualifications:
- Bachelor’s degree in Mechanical, Electrical, Manufacturing or Industrial Engineering
- Familiarity with cost model structures and activity‑based costing for component development
- Experience in within one or multiple areas: Design Responsible Engineering, Manufacturing, Component Tool development, or Component Purchasing
Skills Required
- Bachelor's degree in Engineering, Business or a related field
- Minimum of 5 years of experience in the automotive industry or related fields
- Strong English verbal and written skills
- Ability to manage a high volume of parts and complexity
- Proficiency with Microsoft PowerPoint, Excel, and Word
Stellantis Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Stellantis and has not been reviewed or approved by Stellantis.
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Pay Growth & Progression — Contract-driven increases lifted hourly wages roughly 25% over 4.5 years and restored cost-of-living adjustments, pushing top rates near $42 per hour by the end of the agreement. Union hourly positions appear to have benefited most since the 2023 deal.
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Affordable Benefits — UAW-represented hourly workers pay no premiums and about 3% of total healthcare costs while receiving comprehensive medical, dental, vision, and wellness coverage. This creates materially lower out-of-pocket costs for represented hourly roles.
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Retirement Support — Post-2007 hourly hires receive a 10% employer 401(k) contribution and legacy workers saw defined-benefit improvements with retiree bonuses. Salaried roles also cite a 401(k) with employer match and contribution up to a maximum of 8%.
Stellantis Insights
What We Do
Our storied and iconic brands embody the passion of their visionary founders and today’s customers in their innovative products and services: they include Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall and mobility brands Free2move and Leasys. Powered by our diversity, we lead the way the world moves – aspiring to become the greatest sustainable mobility tech company, not the biggest, while creating added value for all stakeholders as well as the communities in which we operate.
