Welcome to our dedicated page for Stellantis N.V. news (Ticker: STLA), a resource for investors and traders seeking the latest updates and insights on Stellantis N.V. stock.
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® and Mopar's Career Automotive Program (CAP) have awarded scholarships to two Native American students. Carl Cuthair of San Juan College and Camron Slaton of Oklahoma State University Institute of Technology will receive up to $20,000 in reimbursements for tools and two years of tuition to become automotive service technicians. The scholarships are offered in partnership with the Jeep brand, Mopar CAP, the Indigenous Cultural Opportunity Network (ICON), and the American Indian Science and Engineering Society (AISES).
Mopar CAP, established in 1984, prepares students for automotive technician careers upon graduation from certified two-year training institutions. Currently, over 5,000 students are enrolled in the program. The Bureau of Labor Statistics forecasts a need for 67,700 auto service technicians annually through 2032. This initiative supports Stellantis' commitment to diversity and addressing the urgent need for qualified technicians in the market.
Segway-Ninebot has announced a strategic partnership with Mopar, the service, parts, and customer care brand for Stellantis vehicles. This collaboration will make select Segway products, including electric scooters and GoKarts, available to Mopar's authorized Chrysler, Dodge, Fiat, Jeep® and Ram dealers in North America.
The partnership aims to provide customers with a wider array of electric mobility options, complementing Stellantis' vehicle lineup. Customers can add Segway products when purchasing a new or used car or independently at participating dealerships. The available products include Segway's C2 Pro, E2 Pro, F2, Max G2, and GoKart Pro2.
This collaboration represents a significant milestone for Segway, opening a new channel to reach consumers and positioning their products as valuable add-ons to vehicle purchases. It also aligns with both companies' commitment to innovation and sustainability in the mobility sector.
Stellantis N.V. (NYSE: STLA) has announced that it will release its Third Quarter 2024 Shipments and Revenues on Thursday, October 31, 2024. A live webcast and conference call will be held at 1:00 p.m. CET / 8:00 a.m. EDT on the same day. The press release and presentation materials will be available on the company's website at approximately 8:00 a.m. CET / 3:00 a.m. EDT.
Stellantis, one of the world's leading automakers, is known for its portfolio of iconic brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, and Vauxhall. The company is executing its Dare Forward 2030 strategic plan, aiming to become a carbon net zero mobility tech company by 2038.
Chrysler has announced the Chrysler Pacifica as the Official Minivan of Trunk or Treat, highlighting its family-friendly features for Halloween celebrations. The Pacifica offers flexible storage options, including the Stow 'n Go Seating and Storage System, Stow 'n Vac, Uconnect Theater System, and FamCAM interior camera.
Throughout October, Chrysler will showcase followers' decorated Pacifica minivans on social media and feature three themed vehicles for a public vote. The Pacifica Plug-in Hybrid delivers 82 MPGe, an all-electric range of 32 miles, and a total range of 520 miles. Chrysler plans to launch its first battery-electric vehicle in 2026 and transition to an all-electric portfolio by 2028.
Mopar, the global brand for Stellantis genuine parts and authentic accessories, is set to showcase a concept at SEMA 2024 that may reveal the future of legendary muscle cars. Mopar, born in 1937 as a line of antifreeze products, has evolved over 85+ years to represent complete vehicle care and authentic performance for owners and enthusiasts worldwide.
The brand made its mark in the 1960s muscle-car era with performance parts for speed and handling. Today, Mopar integrates service, parts, and customer-care operations to enhance customer and dealer support globally. For more information on Mopar and Stellantis (NYSE: STLA), visit their respective websites and follow their social media channels for updates.
Stellantis (NYSE: STLA) has announced the launch of FlexCare, replacing Mopar Vehicle Protection (MVP) for vehicle service contracts and protection products in the United States. FlexCare will be associated with Stellantis vehicle brands, offering a simplified and personalized customer experience. The new program maintains the same expert factory service and tailored vehicle protection products as MVP.
FlexCare advantages include:
- Service at any FCA US dealer by trained Mopar technicians
- Repairs with certified OEM approved parts
- Flexible plans based on ownership experience
- Option to include coverage cost in vehicle payment
The program offers various maintenance and repair services, with current MVP offerings being renamed under the FlexCare brand. Customers can find more details on mopar.com or through authorized dealers.
Stellantis N.V. has completed the third and final tranche of its 2024 Share Buyback Program, announced on August 1, 2024. The program covered up to €1 billion to be executed in the open market between August 1 and November 29, 2024. From August 1 to October 2, 2024, Stellantis purchased a total of 72,041,332 common shares for a total consideration of €999,999,880.
During the period from September 27 to October 2, 2024, the company repurchased 12,802,804 shares at an average price of €12.5949 per share, totaling €161,250,457. As of October 2, 2024, Stellantis held 153,541,506 common shares in treasury, representing 3.95% of the total issued share capital.
Stellantis (NYSE: STLA) hosted its 25th annual supplier diversity MatchMaker event, showcasing its commitment to building a diverse supply base. The event connected over 325 diverse business owners with more than 225 Tier 1 supplier decision-makers and Stellantis representatives. Since 1999, MatchMaker has generated over $4 billion in new business opportunities for diverse-owned businesses.
Key highlights include:
- Stellantis has purchased more than $100 billion from diverse-owned suppliers since 1983
- In 2023, Stellantis spent $9.3 billion with diverse suppliers in North America
- The company's High Focus program has generated over $6.7 billion in diverse spend over the past 12 years
Stellantis' supplier diversity initiatives have received multiple awards, including recognition from the Canadian Aboriginal and Minority Supplier Council and the Great Lakes Women's Business Council.
Mopar, the global brand for Stellantis genuine parts and authentic accessories, is set to showcase a powerful full-size concept vehicle at SEMA 2024. The concept, described as a 'Workhorse and Warrior', is designed to tackle obstacles both on job sites and trails. This reveal marks the first chapter of Mopar's presence at the SEMA show.
Mopar, born in 1937 as a line of antifreeze products, has evolved over 85 years to represent complete vehicle care and authentic performance. The brand made its mark in the 1960s muscle-car era with performance parts and has since expanded to include technical service and customer support. Today, Mopar integrates service, parts, and customer-care operations to enhance support worldwide.
FCA US reports total sales of 305,294 vehicles in Q3 2024, a 20% decrease year over year. Despite the decline, the company's total market share increased from 7.2% in July to 8% in September. Key highlights include:
- Jeep Compass sales increased 71% year over year
- Ram brand's heavy-duty commercial fleet sales up 26%
- FIAT brand sales rose 118% with the launch of the all-electric 500e
- Jeep Wrangler 4xe and Grand Cherokee 4xe remain top-selling plug-in hybrids in the U.S.
- Inventory reduced by 50,000 units (-11.6%) during Q3
The company introduced aggressive incentives across its U.S. brand portfolio, which will continue through the end of the year, to drive sales and prepare for 2025 models.
FAQ
What is the current stock price of Stellantis N.V. (STLA)?
What is the market cap of Stellantis N.V. (STLA)?
What is Stellantis N.V.?
What are some of the brands under Stellantis?
When was Stellantis formed?
What are Stellantis' recent achievements?
What is Stellantis' approach to sustainability?
How did Stellantis perform financially in 2023?
What notable events does Stellantis organize?
What is the Dodge Complete Performance Package?
What is the significance of the Fiat 500e?
What is the Jeep Wagoneer S?
