Stellantis N.V. - STLA STOCK NEWS

The Jeep® Wagoneer S and Ram 1500 Ramcharger have been named in Newsweek's inaugural America's Most Anticipated New Vehicles for 2025. The all-electric Wagoneer S delivers 600 horsepower, 617 lb.-ft. torque, and over 300 miles range, achieving 0-60 mph in 3.4 seconds. The Ram 1500 Ramcharger features a targeted range of 690 miles, 663 horsepower, 615 lb.-ft. torque, and can accelerate 0-60 mph in 4.4 seconds, with towing capacity up to 14,000 lbs. and payload up to 2,625 pounds. The recognition is part of Newsweek's program celebrating 25 new or redesigned vehicles with various powertrains.

Stellantis (STLA) and Infineon Technologies have announced a strategic partnership to advance power architecture for electric vehicles. The collaboration includes major supply and capacity agreements focusing on three key technologies: PROFET™ smart power switches to replace traditional fuses, silicon carbide (SiC) semiconductors for improved EV performance and efficiency, and AURIX™ microcontrollers for STLA Brain zonal architecture. The companies will establish a Joint Power Lab to develop next-generation scalable and intelligent power architecture for software-defined vehicles.

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.