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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.
The Jeep® Grand Cherokee lineup for 2025 is now available at dealerships nationwide, starting at a more affordable $37,035 U.S. MSRP. This pricing reduction applies to all 3.6-litre Pentastar V-6-powered models, with all Laredo models now starting under $40,000. The lineup includes the two-row model, three-row Grand Cherokee L, and the plug-in hybrid 4xe version.
Key highlights:
- Grand Cherokee 4xe is the second best-selling PHEV in the U.S.
- 4xe offers 56 MPGe and 25 miles of all-electric range
- Trailhawk 4xe is the ultimate off-road trim
- All models are manufactured in Detroit, Michigan
- Jeep Wave premium owner loyalty program included
- Jeep aims to offer electrified variants for all North American models by 2025
Barbara Pilarski, senior vice president and head of business development for the Americas at Stellantis, has been awarded the United Way for Southeastern Michigan's Spirit of Tocqueville Award. This prestigious honor recognizes her exceptional dedication to philanthropy and community service.
Pilarski, a United Way donor since 1985 and Tocqueville Society member since 2012, has been instrumental in raising over $800,000 for local families through initiatives like Run United and Team Jeep®. The funds support school supplies and early learning programs. As an active member of the United Way's Ambassador Club, she has successfully led numerous subcommittees, engaging auto dealers and suppliers through various fundraising events and volunteerism.
The Spirit of Tocqueville Award celebrates a United Way Tocqueville Society leader who has devoted time, talent, and funds to create long-lasting change by tackling a community's most serious issues. Pilarski's commitment to uplifting communities and encouraging Stellantis employees to do the same has made a significant impact in the region.
Dodge celebrates 20 years of HEMI®-powered Durango with the announcement of the 2025 Dodge Durango SRT Hellcat Brass Monkey. This 710-horsepower special edition is the fourth overall Durango special-edition vehicle for the 2025 model year. Key features include:
- Dark bronze 20-by-10-inch Brass Monkey wheels
- Red Oxide exterior color with Satin Black painted hood
- Sepia Laguna leather SRT seats
- 0 to 60 mph in 3.5 seconds, quarter-mile in 11.5 seconds
- Top speed of 180 mph
The Durango SRT Hellcat Brass Monkey is available at a starting U.S. MSRP of $113,720. All 2025 Dodge Durango special-edition models are now available for ordering at dealerships. Customers can use the Dodge Horsepower Locator tool at DodgeGarage.com to find nearby dealers with these models in stock.
Mopar, the global brand for Stellantis genuine parts and authentic accessories, is set to unveil a new chapter in muscle car performance at SEMA 2024. The company, known for its contributions to the original and modern muscle car eras, is teasing an answer to the question of how high future muscle car performance can go. Mopar's history spans over 85 years, evolving from a line of antifreeze products in 1937 to a comprehensive brand offering vehicle care, performance parts, and customer support.
Mopar made significant contributions during the 1960s muscle car era with performance parts for speed and handling. Today, it integrates service, parts, and customer care operations to enhance support worldwide. For more information, visit www.mopar.com or the Mopar blog at blog.mopar.com. Stellantis (NYSE: STLA) details can be found at www.stellantis.com.
Stellantis (NYSE: STLA) reported an estimated 20% decline in Q3 2024 consolidated shipments to 1,148,000 units compared to the same period in 2023. The decline was more severe than the 15% sales drop due to product portfolio transitions and dealer inventory reduction initiatives. In North America, shipments fell by approximately 170,000 units, with over 100,000 units attributed to planned production cuts. Despite this, U.S. market share increased month-over-month in Q3.
In Enlarged Europe, shipments were about 100,000 units lower than the previous year, primarily due to delayed launches of Smart Car platform products. The outlook for new European product launches remains strong, with 50,000 orders for the new Citroën C3 and 80,000 for the new Peugeot 3008. Shipments in Stellantis' 'Third Engine' regions remained unchanged overall, with increases in South America offsetting declines in other areas.
Stellantis showcases its electrified vehicle lineup at the Paris Motor Show 2024, emphasizing clean, safe, and affordable mobility. Key highlights include:
1. Peugeot debuts the E-408 BEV and displays long-range versions of E-3008 (700 km) and E-5008 (668 km) SUVs.
2. Citroën unveils four new vehicles, including all-electric C4 and C4 X models, a concept for the new C5 Aircross, and celebrates four years of the Ami micromobility vehicle.
3. Alfa Romeo introduces the 136-hp Junior Ibrida and showcases its entire lineup, including the 2025 Tonale.
4. Leapmotor makes its Paris Motor Show debut, presenting the B10 compact SUV, T03 urban EV, C10 electric D-SUV, and C16 SUV with 800-volt architecture.
These offerings align with Stellantis' Dare Forward 2030 strategic plan, aiming for carbon net zero by 2038 and 100% BEV sales in Europe by 2030.
Stellantis has launched the second wave of its 'Shares to Win' employee share purchase plan in 18 countries, extending the opportunity to more than 230,000 employees worldwide. The program, running from November 5 to November 14, 2024, offers employees preferential terms to become shareholders:
- 20% discount on the reference share price
- Matching contribution of 100% of the personal amount invested, up to €1,000
- No minimum subscription amount in most countries
This initiative builds on the success of the first wave launched in late 2023 in France and Italy, which saw a 22% participation rate and 4.4 million shares subscribed. Stellantis aims to increase employee ownership from the current 1.8% to 5% of its capital in the coming years, aligning with its Dare Forward 2030 plan's 'Care' pillar.
Stellantis (NYSE: STLA) has announced targeted management changes to drive simplification and enhance organizational performance under the leadership of CEO Carlos Tavares. Key appointments include:
- Antonio Filosa as North America Chief Operating Officer and Jeep® brand CEO
- Jean-Philippe Imparato as Chief Operating Officer Enlarged Europe and CEO of Pro One
- Doug Ostermann as Chief Financial Officer
- Gregoire Olivier as Chief Operating Officer China and Liaison Officer to Leapmotor
- Santo Ficili as CEO of Maserati and Alfa Romeo
The Supply Chain organization will transfer to the Manufacturing Division. Stellantis also confirmed that the process to identify a successor to Carlos Tavares, who will retire in early 2026, is underway and will be completed by Q4 2025.
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.
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