Stellantis N.V. - STLA STOCK NEWS

Chrysler Pacifica and The Elf on the Shelf are partnering for a holiday campaign running through Christmas Eve across Chrysler's social media channels. The campaign positions Pacifica as the 'official minivan of the holiday season' and invites consumers to spot Scout Elf in the Pacifica and Pacifica Hybrid through interactive social media content. The Pacifica Plug-in Hybrid delivers 82 MPGe, 32 miles of all-electric range, and 520 miles total range. The campaign highlights Pacifica's features including Stow n' Go storage, cup holders, Uconnect Theater system, and the plug-in hybrid system.

The Ram 1500 has been named to Car and Driver's 10Best vehicle list for 2025, marking its sixth recognition in seven years. The award encompasses the entire Ram 1500 lineup. Car and Driver's evaluation process involved testing over 55 vehicles using a 100-point scale, considering factors like intended purpose, value, and driving performance. Vehicles with base prices above $110,000 were excluded. The Ram 1500 stands out for its 3.0-liter Hurricane Straight Six Turbo engine, class-leading ride and handling, and premium Tungsten luxury trim featuring air suspension and 24-way massage seats.

Stellantis announced organizational changes while the search for a new permanent CEO continues, expected to conclude in the first half of 2025. An Interim Executive Committee (IEC), chaired by John Elkann, has been established to oversee the company. The committee includes key executives managing various portfolios: Xavier Chéreau (HR), Ned Curic (Engineering), Arnaud Deboeuf (Manufacturing), Antonio Filosa (Americas), Béatrice Foucher (Planning), Jean-Philippe Imparato (Europe), Douglas Ostermann (Finance), Maxime Picat (Purchasing), and Philippe de Rovira (Affiliates). Several Executive VPs will support the IEC, reporting directly to the Chairman. Richard Palmer joins as Special Adviser to the Chairman.

Stellantis announces CEO Carlos Tavares' immediate resignation, accepted by the Board of Directors under John Elkann's chairmanship. An Interim Executive Committee, chaired by Elkann, will lead the company while a permanent CEO search concludes in H1 2025. The resignation follows emerging 'different views' between the Board and CEO. The company confirms its full-year 2024 financial guidance previously presented on October 31, 2024. Senior Independent Director Henri de Castries noted that while Stellantis' success was built on alignment between shareholders, Board, and CEO, recent weeks saw diverging perspectives leading to this decision.

FIAT unveiled the 2025 Fiat 500e Giorgio Armani Collector's Edition at the Los Angeles Auto Show, combining Italian design with electric mobility. The vehicle features exclusive green and Greige color options, custom GA-logo wheels, and Armani-designed interior elements. The car includes a 42-kWh battery offering up to 149 miles range, 117 horsepower, and fast-charging capability reaching 80% in 35 minutes. Premium features include LED lighting, wireless charging, 10.25-inch Uconnect 5 touchscreen, and Level 2 assisted driving technology. The special edition will be available in Q1 2025, with pricing to be announced later.

Stellantis (NYSE: STLA) has announced its participation in the Goldman Sachs 16th Annual Industrials & Autos Week. Chief Financial Officer Doug Ostermann will engage in a fireside chat on Wednesday, December 4, 2024, from 1:20 p.m. to 1:55 p.m. GMT. The session will be accessible via live webcast, with a recorded replay available afterward.

Stellantis is a leading global automaker featuring brands like Abarth, Alfa Romeo, Chrysler, and Jeep. The company is implementing its Dare Forward 2030 strategy, targeting carbon net zero status as a mobility tech company by 2038.

Ram brand has launched a new marketing campaign featuring football star J.J. Watt called 'Wiser,' highlighting the 2025 Ram 1500 with the new High-Output 3.0L Hurricane engine. The campaign spotlights Watt's JJ Watt Foundation, which has provided over $6.9 million in funding for after-school athletic programs. The 30-second commercial is part of Ram's 'The Calling' campaign and emphasizes the brand's role as an official College Football Playoff sponsor. The campaign will be distributed across broadcast, digital, and social media channels, showcasing Ram's lineup of light-duty, heavy-duty, and commercial trucks.

Chrysler introduces the 2025 Pacifica Family Adventure Vehicle (FAV) Edition, enhancing its best-selling minivan lineup. The new edition features best-in-class cargo volume of over 156 cubic feet, including a Thule rooftop carrier adding 16 cubic feet. Available in gas-powered AWD, FWD, and plug-in hybrid configurations, the FAV Edition starts at $45,345 for gas models and $53,950 for hybrid versions. The vehicle includes distinctive features like blacked-out S Appearance, upgraded 18-inch wheels, Harman Kardon audio system, and Mopar all-weather protection. Orders open in Q1 2025 for both U.S. and Canadian markets.

Stellantis has unveiled the STLA Frame platform, a BEV-native, multi-energy platform for full-size trucks and SUVs. The platform offers best-in-class capabilities including up to 690-mile range with Range Extended Electric Vehicle (REEV) and 500-mile range with Battery Electric Vehicle (BEV) configurations, 14,000-pound towing capacity, and 2,700-pound payload. The platform supports multiple propulsion systems including BEV, REEV, internal combustion, hybrid, and hydrogen. Features include 800-volt DC fast charging up to 350 kW, adding 100 miles in 10 minutes, and bi-directional charging capability. Ram and Jeep® will be the first brands to utilize this platform.