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Stellantis N.V. (NYSE: STLA) is a multinational automotive manufacturing corporation formed on January 16, 2021, through a merger between Fiat Chrysler Automobiles and PSA Group. It stands as the world's fifth-largest automaker, known for its diverse and iconic portfolio of 14 brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, and mobility brands Free2Move and Leasys.
The company’s mission is to lead the world in sustainable mobility technology, focused on creating value for stakeholders and communities. Stellantis has a strong market presence in Europe, North America, and South America, with 44% of its 2023 sales volume in Europe, 29% in North America, and 15% in South America. Despite challenges like the microchip shortage, the company reported a sales volume of 6.2 million vehicles and EUR 189.5 billion in revenue in 2023.
Stellantis is constantly innovating and expanding its product lineup. Recent highlights include the launch of the Dodge Complete Performance Package, which enhances vehicle protection and includes high-performance driving instruction at Radford Racing School. Additionally, the 2025 Ram 1500 RHO, a powerhouse off-road truck, exemplifies the brand's relentless pursuit of performance and engineering excellence.
In the electric vehicle (EV) sector, Stellantis is making strides with the Fiat 500e, an all-electric version of its legendary 500 model, and the Jeep Wagoneer S, showcasing the flexibility of the STLA Large platform. These innovations underscore Stellantis' commitment to sustainable and high-performance mobility solutions.
The company is also engaging customers through unique marketing initiatives and community events. The Jeep Beach event, for instance, attracted over 40,000 Jeep 4x4s, raising significant funds for local charities. Similarly, Alfa Romeo's limited edition Quadrifoglio Super Sport models highlight the brand’s dedication to performance and exclusivity.
Stellantis continues to leverage its rich heritage and innovative spirit to push the boundaries of the automotive industry, ensuring it remains at the forefront of technological advancements and market trends.
Jeep® Wagoneer and Grand Wagoneer announce significant price reductions and enhanced features for 2025 models. The Wagoneer becomes America's most affordable full-size SUV, starting at $59,945, with price cuts up to $7,000 across the lineup. New standard features include 20-inch aluminum wheels and adaptive cruise control for Wagoneer, while Grand Wagoneer adds 22-inch wheels and front passenger interactive display. The High-Output Hurricane Twin Turbo engine receives upgrades to 540 hp and 521 lb-ft torque. Models will be available at dealerships before year-end.
Stellantis has delivered 12 new 2024 Ram ProMaster electric vans to teams participating in the Battery Workforce Challenge, a collaboration between the U.S. Department of Energy, Stellantis, and Argonne National Laboratory. The student teams, comprising 12 North American universities paired with local community colleges, will design, build, test, and integrate advanced battery packs for these vans. The competition, running until 2026, offers $100,000 in prize money and hands-on experience with industry leaders. The Ram ProMaster EV, designed specifically for electrification with a unibody design, serves as the platform for this educational initiative aimed at developing the future EV workforce.
bproauto, launched in January 2023 for the North American market, has expanded its aftermarket parts business with over 20 product lines. The company will showcase its products on MotorTrend TV shows and attend the AAPEX Show in Las Vegas. Key developments include availability through 3,000+ distribution centers, presence on RepairLink e-commerce platform, and an interactive online parts catalog. The brand offers OE-backed, quality-tested parts across categories including air and fuel delivery, brakes, driveline components, and HVAC systems. New products launching soon include ignition coils, brake hardware, and collision parts.
Stellantis reports significant commercial achievements across global markets, leading sales in seven countries and maintaining top-three positions in several European markets. The company's U.S. market share increased from 7.2% to 8% between July and September 2024, while successfully reducing dealer inventory by over 80,000 units. FIAT leads in South America with 14.5% market share, while the Fiat 500e dominates European A-segment BEVs with 45% market share. The company is launching approximately 20 new products in 2024, including vehicles built on new STLA platforms, and maintains strong performance in commercial vehicles, leading both European and South American markets.
Stellantis (STLA) reported Q3 2024 net revenues of €33.0 billion, down 27% year-over-year, primarily due to lower shipments and unfavorable mix. Consolidated shipments decreased 20% to 1,148 thousand units. The decline was attributed to production gaps during global product transition, planned North American inventory reductions, and European market headwinds. The company completed its €3 billion buyback program in October and confirmed its 2024 financial guidance of 5.5% - 7% AOI margin and €(5) billion - €(10) billion industrial free cash flows. Stellantis plans approximately 20 new model launches in 2024, with strong reception for new products including over 50,000 orders for the new Citroën C3.
Dodge is expanding its Direct Connection performance parts line with the launch of Hellephant A30 426 and Drag Pak 354 HEMI® engine blocks, along with three new supercharger kits for the 6.2-liter HEMI crate engine. The Hellephant A30 HEMI will be priced at $8,815 MSRP, while the Drag Pak 354 HEMI engine block will cost $10,570. The new Direct Connection 3.0L E85 Supercharger Kit, derived from the 2023 Dodge Challenger SRT Demon 170, offers increased power potential with 30% more airflow and is priced at $11,995. All new products will be available for ordering in Q1 2025 through DCPerformance.com or certified Dodge Power Brokers dealerships.
Mopar unveils innovative concept vehicles at the 2024 SEMA Show, featuring the Plymouth GTX Electromod Concept and new Ram truck designs. The GTX Electromod showcases a potential future 400-volt, 250-kilowatt electric drive module with approximately 335 horsepower and 250-mile range. The concept demonstrates possible BEV conversion applications for classic cars.
The exhibition also includes the Ram 2500 Power Wagon Concept and Moparized Ram 1500 RHO, featuring custom accessories and performance modifications. The Ram 1500 RHO boasts a new 3.0-liter Hurricane H/O SST engine delivering 540 horsepower. The display includes various Jeep custom vehicles and Direct Connection performance parts.
Stellantis and Factorial are advancing their partnership by integrating Factorial's solid-state batteries into a demonstration fleet of new Dodge Charger Daytona vehicles by 2026. The initiative builds on Stellantis' $75 million investment in Factorial from 2021. The batteries, featuring Factorial's FEST® technology with over 390Wh/kg energy density, will be implemented in vehicles based on the STLA Large platform, which supports up to two million vehicles globally. This platform serves brands including Jeep, Dodge, Chrysler, Alfa Romeo, and Maserati. The collaboration aims to validate the technology's performance in real-world conditions.
Stellantis and Factorial are advancing their partnership to develop solid-state battery technology for electric vehicles. The companies will launch a demonstration fleet of Dodge Charger Daytona vehicles by 2026, equipped with Factorial's FEST® solid-state batteries featuring over 390 Wh/kg energy density. This initiative follows Stellantis' $75 million investment in Factorial in 2021. The technology will be implemented in the STLA Large platform, designed to support up to two million vehicles globally across brands including Jeep, Dodge, Chrysler, Alfa Romeo, and Maserati.
Stellantis has invested $29.5 million in Moving Ground Plane (MGP) technology at its Auburn Hills facility to enhance EV aerodynamics. The upgraded wind tunnel will measure and reduce airflow resistance from wheels and tires, which account for up to 10% of total aerodynamic drag. This technology aims to improve EV driving range and potentially reduce battery sizes, leading to cost and weight savings. The facility can test larger vehicles and simulate speeds up to 140 mph. The investment is part of an $85 million commitment from the 2019 UAW contract and supports Stellantis' goal to achieve 50% US EV sales and 100% European EV sales by 2030.
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