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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.
Stellantis announced the launch of the new 2023 Ram ProMaster, featuring multiple cargo-height and cargo-length configurations to suit diverse business and lifestyle needs. Mopar will support the ProMaster with over 140 quality-tested parts and accessories, available for purchase via Ram dealerships or the Mopar e-Store. Notably, in response to customer demand, a battery-electric version of the ProMaster will be introduced in 2023. Ram Commercial maintains a reputation for being the most upfitter-friendly truck brand, enhancing customer experience through tailored solutions.
On September 22, 2022, Stellantis hosted its 23rd annual supplier diversity MatchMaker event, connecting over 200 diverse business owners with more than 100 Tier 1 suppliers and 200 Stellantis buyers. The event emphasized Stellantis' commitment to diversity, having purchased over $100 billion from diverse suppliers since 1983. The newly launched MentorWE program aims to foster growth for women-owned businesses. Notably, MatchMaker has generated over $4 billion in new opportunities for minority-owned businesses. Stellantis recognized outstanding suppliers for their commitment to diversity.
Stellantis unveils the 2023 Dodge Challenger Black Ghost, celebrating muscle car heritage with a limited run of only 300 units. This special edition features a powerful 807 horsepower, black 'gator skin' roof, and distinctive graphics reminiscent of the original Black Ghost from the 1970s. As the sixth of seven 'Last Call' models, it honors the Challenger and Charger as production wraps up. The final model will be revealed at the 2022 SEMA Show in Las Vegas.
The Jeep brand will support three all-female teams at the 2022 Rebelle Rally, marking its seventh year in the competition. The event, scheduled for October 6-15, 2022, will cover over 1,500 miles across Nevada and California. Jeep's Wrangler 4xe, the top-selling plug-in hybrid in the U.S., will be showcased as a capable off-road vehicle. The supported teams include veteran competitors Nena Barlow and Teralin Petereit returning to defend their 2021 titles. The Rebelle Rally emphasizes traditional navigation skills and eco-friendly practices as part of its electrification goals.
Stellantis has been recognized as a Top 50 Company for Latinas by LATINA Style magazine, ranking No. 10 overall and the highest-rated automaker in the 2022 report. This marks the 19th consecutive year Stellantis has been included in this report since its inception in 1998. Maria Zehnder, a Mopar finance executive, was named the 2022 Latina of the Year. The LS50 Report highlights businesses that actively support diverse recruitment and promotion initiatives, reflecting Stellantis' long-standing commitment to diversity and inclusion.
The 2023 Dodge Charger King Daytona, unveiled on September 14, 2022, celebrates the muscle car's legacy with a limited production of only 300 units. This special-edition model, based on the Charger SRT Hellcat Redeye, boasts an enhanced 807 horsepower and distinctive design elements, including a 'Go Mango' exterior and an orange-accented interior. As part of the 'Last Call' lineup, it signifies the end of current Charger and Challenger models, with two more special editions set for announcement on September 21 and during the SEMA Show in Las Vegas.
The 2023 Jeep Wrangler Willys 4xe, unveiled at the 2022 Detroit Auto Show, combines over 80 years of Jeep heritage with modern electric vehicle technology. Offering 49 MPGe and a 21-mile all-electric range, it features a powerful 375-horsepower hybrid system with 470 lb.-ft. of torque. The starting MSRP is $53,995, excluding incentives. The vehicle emphasizes off-road capability with a 2.72:1 full-time 4WD, 10.1 inches of ground clearance, and heavy-duty Dana 44 axles. Ordering begins immediately, with deliveries expected by Q4 2022, bolstering the Wrangler's position as the best-selling plug-in hybrid in the U.S.
On September 14, 2022, Stellantis unveiled a virtual auto show at the Detroit Auto Show, allowing consumers to explore new products and technology online. The virtual experience features a guided tour by a virtual brand ambassador, showcasing Stellantis brands like Jeep, Chrysler, and Ram. Users can engage with interactive 3D models, including the Grand Wagoneer and Jeep Grand Cherokee 4xe. Additionally, attendees can enter a sweepstake to win up to $100,000 towards vehicle purchases. The virtual platform aims to enhance accessibility for those unable to attend in person.
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