Stellantis N.V Stock Price, News & Analysis

Stellantis unveiled the 2024 Jeep Wrangler, enhancing its legendary off-road capability with new features. The models now offer an available factory-installed Warn winch, a 100:1 crawl ratio, and a new Dana 44 HD rear axle, allowing tire upsizing and increasing towing capacity to 5,000 lbs. The refined interior includes a 12.3-inch Uconnect touchscreen and standard side-curtain airbags. New models like the Sport S 4xe and Rubicon X expand the lineup, emphasizing electrification with a goal of 50% electric sales by 2030. Orders are open now, with availability starting later in 2023.

The all-new, all-electric 2025 Ram 1500 REV debuted at the New York International Auto Show, showcasing an industry-leading targeted range of up to 500 miles. Customers can choose between a 168 kWh battery for 350 miles or an optional 229 kWh battery for 500 miles. This model supports rapid charging, adding up to 110 miles in around 10 minutes. With a towing capacity of 14,000 lbs and payload of 2,700 lbs, the REV is designed for performance, offering features like bi-directional charging. Part of the Dare Forward 2030 strategy, Stellantis invests over €30 billion in electrification by 2025.

Dodge celebrates its recognition with two 2023 Kelley Blue Book Brand Image Awards: Best Performance Brand and Most Refined Brand, marking the fifth consecutive year of accolades.

The awards are based on consumer perception data from Kelley Blue Book's Brand Watch study, analyzing over 12,000 new-vehicle shoppers. Dodge's recent launches include the high-performance Dodge Hornet GT, which is the quickest and most powerful compact utility vehicle under $30,000, and the Dodge Challenger SRT Demon 170, known for its unmatched acceleration and power.

The Dodge brand focuses on performance and technology, strengthening its market presence in the automotive sector.

Stellantis will showcase its Ram, Jeep, and Chrysler brands at the 2023 New York International Auto Show on April 5, 2023. Press conferences and vehicle unveilings will occur, featuring live streams for Ram and Jeep. The Ram brand conference starts at 9:20 a.m. ET, followed by Jeep at 11:35 a.m. ET, and Chrysler at 2:30 p.m. ET. High-profile executives, including CEO Carlos Tavares and brand heads, will present. Attendance at the auto show will emphasize Stellantis's continued presence and innovation in the automotive market.

Chrysler announces a partnership with the Autism Society of America during Autism Acceptance Month, which includes the new Calm Cabin package for Chrysler Pacifica vehicles aimed at enhancing travel comfort for individuals with autism. This initiative will feature items like a seat-back organizer, a meditative light and sound therapy machine, and a weighted sensory blanket. The Calm Cabin package will be available for purchase in late spring. The partnership will also focus on improving the dealership experience for autism families, with staff training and collaboration on further support initiatives.

FCA US LLC reported a 9% decline in total U.S. sales for Q1 2023, totaling 368,237 vehicles sold, compared to last year. The Dodge brand experienced a notable 24% increase in total U.S. sales, with the Dodge Charger rising 43% and the Dodge Durango 22%. The Chrysler brand also saw a 10% increase, with the Pacifica and Chrysler 300 up 10% and 9% respectively. Jeep's Wrangler 4xe became the best-selling plug-in hybrid vehicle in America, with a 72% increase in sales. The Ram ProMaster achieved record sales, up 90%. Despite overall declines, strong demand for electrified models is evident.

Alfa Romeo has commenced production of the 2024 Tonale, its first plug-in hybrid vehicle, at the Pomigliano d'Arco plant in Naples, Italy, with deliveries to North America starting in June 2023. The Tonale features a 15.5-kWh lithium-ion battery paired with a 1.3-liter turbocharged engine, achieving a best-in-class 285 horsepower and over 30 miles of electric range. Pricing starts at $42,995, with the option for a $7,500 federal EV tax credit for lease customers. The Tonale aims to enter the competitive premium compact SUV market, reflecting Alfa Romeo's commitment to electrification and modern technology.

The Jeep brand will unveil a remarkable collection of electrified and innovative concept vehicles during the 57th annual Easter Jeep Safari in Moab, Utah, from April 1-9, 2023. Highlighting its commitment to Zero Emission Freedom, the lineup includes the Jeep Wrangler Magneto 3.0, featuring cutting-edge powertrains and off-road capabilities. Additional concepts include the Jeep Scrambler 392, 1978 Jeep Cherokee 4xe, and Grand Wagoneer Overland, each showcasing increased performance and advanced technologies. This event attracts over 20,000 Jeep enthusiasts who provide invaluable feedback on future models.

The Freedom of Mobility Forum, initiated by Stellantis (NYSE:STLA), will hold a free digital debate on March 29, 2023, focusing on whether affordable mobility will remain accessible in a decarbonized world. The forum, facilitated by Wavestone, will feature an international panel of experts and will engage the audience with a Q&A session. The webcast begins at 8:30 a.m. EDT, discussing critical issues including the challenges and solutions related to sustainable mobility. Registration is available online, and a recorded replay will be accessible for those unable to attend live.