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.
On June 21, 2022, Chrysler partnered with The Kelly Clarkson Show, Jay Leno, and BraunAbility to present a customized 2022 wheelchair-accessible Chrysler Pacifica to LAPD Officer Christian Arrue and his family during a live show taping. This initiative aims to support Officer Arrue's daughter, Bella, who has cerebral palsy. The Pacifica, celebrated as the most spacious wheelchair van, honors BraunAbility's 50th anniversary, showcasing a long-standing collaboration of over 45 years between Chrysler and BraunAbility.
Samsara Inc. (NYSE: IOT) has partnered with Free2move, a global fleet and mobility company under Stellantis (Euronext Paris: STLA), to enhance operational efficiency for shared customers. The integration allows users of Stellantis vehicles from 2018 and newer to access factory-installed telematics data via Samsara's Connected Operations Cloud without additional hardware. This solution aims to improve fleet management, reduce downtime, and enhance driver safety by providing real-time insights into vehicle performance, including GPS, fuel usage, and tire pressure.
The 2022 Jeep® Compass has received a TOP SAFETY PICK rating from the Insurance Institute for Highway Safety (IIHS), excelling in all six crashworthiness tests.
Key highlights include a "superior" rating for automatic emergency braking technology and an "advanced" rating for pedestrian detection. Sales of the Compass are up 22% year-over-year in Q1 2022. The vehicle boasts over 75 safety features, exceeding competitors in its class.
Stellantis aims for all Jeep models to offer electrified variants by 2025 as part of its commitment to zero emissions.
The seventh edition of MotorTrend Presents Roadkill Nights Powered by Dodge is scheduled for August 13, 2022, in Pontiac, Michigan. This one-day festival will feature legal street drag racing, Dodge thrill rides, and a classic and modern muscle car show. The event aims to celebrate car culture, attracting over 38,000 enthusiasts last year. Highlights include the Dodge Direct Connection Grudge Race, where competitors build drag-race machines. More details about tickets, schedules, and the upcoming Dodge performance plan, Never Lift, will be available this summer.
Stellantis and Jeep are the presenting sponsors of the 2022 Motor City Pride Parade on June 11 and 12 in Detroit, the largest LGBTQ+ gathering in Michigan. Celebrating its 50th year, Motor City Pride demonstrates Stellantis' commitment to LGBTQ+ employees and communities. The Jeep brand will showcase several vehicles during the parade. The company will also sponsor New York City Pride later this month and offer pride-themed merchandise across its North American brands. Stellantis is recognized for its diversity initiatives, including the Prism LGBTQ+ Alliance, which supports LGBTQ+ employees and events.
Stellantis announces the release of the 2022 Ram 1500 TRX Sandblast Edition, enhancing its light-duty lineup with unique performance aspects and customization options. This special edition features a 6.2-liter supercharged HEMI V-8 engine, a unique Mojave Sand color, and additional interior upgrades, providing a blend of capability and technology. With a starting MSRP of $98,285, the model will be available this summer, targeting performance truck buyers looking for exclusivity and style.
The Jeep brand has launched a global marketing campaign in collaboration with Universal Pictures for the upcoming film Jurassic World Dominion, premiering June 10, 2022. The campaign includes a 60-second commercial featuring the Jeep Wrangler 4xe and the all-new Grand Cherokee 4xe. Jeep Wave members can attend exclusive drive-in events on June 8 and 9 in select U.S. cities. This promotion follows a longstanding partnership with Universal, aimed at enhancing the Jeep brand's visibility as it expands its electrified vehicle lineup.
On May 31, 2022, Stellantis announced that its Jeep® Grand Cherokee L has been named one of the Best 7-Passenger SUVs for 2022 by Forbes Wheels. The recognition underscores the vehicle's legendary 4x4 capability, spacious interior, and advanced safety features. The Grand Cherokee L is part of a lineup that includes both two- and three-row models, now featuring a 4xe plug-in hybrid option. Attributes highlighted include exceptional passenger comfort, impressive cargo volume, and modern technological integrations.
The Dodge brand has introduced the HEMI® Orange appearance for the 2022 Durango R/T, expanding its successful offering first seen in the Challenger and Charger. Featuring a 5.7-liter HEMI V-8 engine, the Durango R/T HEMI Orange showcases design elements like orange and Gunmetal hood stripes, unique badging, and black 20-inch wheels. Available for $1,995, it also offers HEMI Orange Plus and Tow N Go packages, enhancing features and performance. Orders can be placed through dealers, with additional details expected on Dodge.com this summer.
Palantir Technologies Inc. (NYSE: PLTR) announced a strategic partnership with Stellantis N.V. (Euronext Paris: STLA) to deploy its Foundry operating system globally. This collaboration aims to enhance Stellantis' digital transformation, improving supply chain efficiency, vehicle quality, and marketing efforts across its 14 brands. Palantir Foundry will integrate data across Stellantis' operations, create a unified digital twin, and improve insights into parts availability. The agreement signifies the expansion of Palantir's role in Stellantis' ecosystem, focusing on sustainable mobility.
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