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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.
FREYR Battery has finalized a binding sales contract with Nidec Corporation to supply 38 GWh of clean LFP Li-Ion battery cells from 2025 to 2030, with potential upsizing to 50 GWh. This deal is valued at over
The Dodge HEMI Challenge returns for its 21st edition at the U.S. Nationals on September 1-2, 2022, in Indianapolis, featuring vintage 1968 Dodge Dart and Plymouth Barracuda racing. Paul Rossi, a renowned drag racer, serves as Grand Marshal, celebrating the event's legacy. The winner will receive $15,000 and a custom trophy. Over 20 entrants are expected, including defending champion Steve Comella. The challenge will be streamed live, emphasizing its status as NHRA's longest-running specialty race.
Chrysler brand is set to showcase its Pacifica Hybrid vehicles at Electrify Expo New York on August 27-28, 2022, held at Nassau Coliseum. The Pacifica Hybrid, the only plug-in hybrid in its segment, boasts an all-electric range over 30 miles and more than 80 MPGe. Attendees can experience ride-and-drive opportunities while learning about the Chrysler Airflow concept. The Pacifica Hybrid, recognized for its extensive safety features and accolades, qualifies for a $7,500 federal tax credit. Electrify Expo is North America's largest electric vehicle festival, featuring top electric mobility brands.
Dodge has unveiled the 2023 Challenger Shakedown, the first of seven special-edition models in its "Last Call" lineup, honoring the iconic 2016 concept. Only 1,000 units will be produced, with a mix of R/T Scat Pack and Widebody variants. Unique features include red "392" graphics, Brembo brakes, and premium Alcantara seats. The full lineup will be revealed by September 21, 2022, with the final model showcased at the 2022 SEMA Show in November. This commemorative series reflects Dodge's legacy as it transitions to electrification, with further details available on Dodge's website.
Chrysler has introduced an innovative Athleisure Merchandise Collection, created in collaboration with Stellantis chief designer Winnie Cheung. The eight-piece line includes hoodies, leggings, and a Chrysler-branded canteen, tailored for the active consumer. The collection emphasizes comfort and practicality, reflecting Chrysler's commitment to providing stylish solutions for busy lifestyles. This launch marks the third collaboration by Stellantis in expanding its merchandise portfolio, previously featuring designs for Dodge and Jeep brands.
Dodge has unveiled the Charger Daytona SRT Concept, a groundbreaking battery-electric vehicle (BEV) that redefines performance in the electric segment. Unveiled during Dodge Speed Week in Pontiac, Michigan, the concept boasts innovative features such as the R-Wing aerodynamic design, Fratzonic Chambered Exhaust for a powerful sound, and the eRupt multi-speed transmission. It combines modern styling with a nod to Dodge's muscle car heritage, pushing performance beyond the famed SRT Hellcat engine. The concept is a key part of Dodge's strategy for electrification, aiming to revolutionize the muscle car experience.
The all-new 2023 Dodge Hornet, launched by Stellantis on Aug. 16, 2022, is poised to disrupt the compact utility vehicle (CUV) segment. This vehicle features two models: the R/T plug-in hybrid with over 285 horsepower and 30 miles of all-electric range, and the GT with 265 horsepower. Notable for its muscular design, advanced performance features, and best-in-class technology, the Hornet offers a unique driving experience under $30,000. Orders for the Hornet GT open on Aug. 17, 2022, with deliveries set for December 2022 and the R/T in spring 2023.
Dodge dealerships are enhancing customer experience by offering an expedited process for third-party convertible modifications of the 2022 Dodge Challenger through Drop Top Customs, a leading convertible coachbuilder. Starting August 16, 2022, customers can place orders directly with participating dealerships. The convertibles retail at $25,999 and include a streamlined shipping process from the Brampton Assembly Plant to Drop Top Customs for modifications. The 2023 model year will also support this option, maintaining Dodge's performance legacy and customer satisfaction.
The 2023 Dodge Durango SRT Hellcat makes its return, fueled by a supercharged 6.2-liter HEMI V-8 engine delivering 710 horsepower and 645 lb.-ft. torque. Unveiled during Dodge Speed Week on August 15, 2022, this three-row muscle SUV boasts a 0-60 mph time of 3.5 seconds and a top speed of 180 mph. Orders will commence in September 2022, expanding the Durango lineup to six models. The Durango SRT Hellcat positions Dodge among performance leaders, joining the Challenger and Charger as part of its powerful offerings.
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