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.
Stellantis and Samsung SDI have finalized agreements for a joint venture to establish an electric-vehicle battery manufacturing facility in Kokomo, Indiana. The plant, expected to launch in 2025, will initially produce 23 GWh of batteries annually, with potential expansion to 33 GWh as demand increases. The project entails over $2.5 billion in investments, creating approximately 1,400 jobs. This initiative supports Stellantis' electrification goals under its Dare Forward 2030 plan, aiming for 5 million battery-electric vehicle sales by 2030, alongside a total battery capacity increase of 140 GWh.
The Chrysler brand has launched a new multimedia marketing campaign titled "Van Life" for the Chrysler Pacifica and Pacifica Hybrid. This campaign humorously contrasts the influencer lifestyle of #VanLife with the practical needs of real-life parents. Featuring three 30-second spots, the campaign showcases the Pacifica's family-friendly features, including premium interiors and advanced tech. The initiative aims to highlight the Pacifica's versatility, appealing to families seeking modern, functional vehicles. These spots are viewable on Chrysler's social media platforms and YouTube channel.
The 2022 Chrysler Pacifica Hybrid achieved notable recognition at the Texas Automotive Writers Association (TAWA) Auto Roundup, winning the Family Vehicle of Texas and Green Vehicle of Texas awards for the sixth consecutive year. The model also claimed Best Minivan, Best Interior, and Best Feature awards, highlighting premium features like Nappa leather seats and Amazon Fire TV integration. With an all-electric range exceeding 30 miles and over 80 MPGe, the Pacifica Hybrid maintains its status as the most awarded minivan, totaling over 170 accolades since its launch.
The all-new 2022 Grand Wagoneer has been awarded the Wards 10 Best Interiors & User Experience, marking its first year of eligibility. Recognized for its premium American craftsmanship, the Grand Wagoneer boasts best-in-class passenger space and innovative technology, including a state-of-the-art 23-speaker McIntosh audio system and Amazon Fire TV integration. Wards evaluated 22 vehicles on aesthetics, material quality, and user interfaces to determine this prestigious award, highlighting Grand Wagoneer’s commitment to luxury and modern design.
Stellantis has been recognized by Winds of Change magazine as one of the top 50 companies for recruiting Indigenous STEM professionals for the third consecutive year. This acknowledgment highlights Stellantis' commitment to diversity and inclusion as integral to its business strategy. The company’s ICON Business Resource Group plays a pivotal role in fostering a supportive workplace for Indigenous talent. Additionally, Stellantis launched leadership programs aimed at developing Black and multicultural employees, further establishing its dedication to an inclusive work culture.
Stellantis announced a CAD $3.6 billion investment to secure the future of its Windsor and Brampton Assembly Plants and enhance its Automotive Research and Development Centre (ARDC). This initiative is part of a broader CAD $45 billion electrification strategy through 2025. The total investment in Canada now reaches CAD $8.6 billion, expected to create 2,500 jobs. The upgrades will support multi-energy vehicle architecture and expand electric vehicle production. Notably, the Windsor-based ARDC will add over 650 engineering jobs, marking a significant step towards sustainability.
The 2022 Jeep Grand Cherokee 4xe has been awarded the 2022 Northwest Outdoor Activity Vehicle of the Year by the Northwest Automotive Press Association (NWAPA). This marks a historic win as it is the first vehicle to take home honors in the Overall, Electrified Utility Vehicle, and Mid- and Full-Size Family categories at the Mudfest competition. The Grand Cherokee 4xe, featuring a plug-in hybrid version, offers impressive performance metrics, including 375 hp, 56 MPGe, and a 0-60 mph time of 6.0 seconds, reinforcing Jeep's commitment to electrification and advanced utility.
On April 26, 2022, Dodge announced the appointment of Preston Patterson from North Carolina as its new Chief Donut Maker after a nationwide competition that attracted over 173,500 applications. The contest showcased Patterson's skills through various challenges, ultimately leading to his selection. As Chief Donut Maker, he will receive a salary of $150,000 and access to significant automotive events. This initiative is part of Dodge's 'Never Lift' plan, aimed at promoting the brand's future performance, which includes focusing on electrified muscle cars.
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