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Stellantis N.V. - STLA STOCK NEWS

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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.

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Dodge's search for the 'Chief Donut Maker' culminates with a three-part web series starting April 19, 2022. The competition attracted over 173,500 applicants, with the top 10 finalists showcased in high-pressure challenges. The winner, announced on April 26 (HEMI Day), will receive a $150,000 salary, a Dodge Challenger SRT Hellcat, and a year of exclusive automotive experiences. Celebrity judges include Bill Goldberg and Matt Hagan. This initiative aligns with Dodge's 'Never Lift' plan, aiming to transition the brand into the electrified muscle era.

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Stellantis has received the 2022 Best Employers: Excellence in Health and Well-being and Excellence in Mental Health awards from the Business Group on Health. This recognition highlights the company's dedication to fostering a culture of health and well-being for its employees. Stellantis is one of 44 U.S. employers to earn the Excellence in Health award and one of 21 for Excellence in Mental Health. The company emphasizes comprehensive well-being programs, including various health plans and facilities across Indiana, Illinois, and Michigan, fostering better quality of life for employees and their families.

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Chrysler has launched the Chrysler Store by Amazon, offering a wide range of licensed merchandise for fans. Available products include apparel for all ages, home goods, and accessories, enhancing the online shopping experience. The store features three themed collections: Van Life, 300 Collection, and Heritage Collection, each showcasing unique merchandise. Kim Adams House, head of licensing and merchandising, emphasized the seamless shopping experience for U.S. customers. Chrysler remains committed to providing innovative products, maintaining its legacy since 1925.

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Stellantis is providing a virtual experience for the 2022 New York International Auto Show, allowing consumers to explore new products and technology from their homes. The interactive platform includes a virtual brand ambassador, augmented reality features for Dodge and Jeep, and a chance to win up to $100,000 toward a vehicle purchase. The immersive tour is designed to showcase the latest models and innovations from Chrysler, Dodge, Fiat, Jeep, Ram, and Alfa Romeo, ensuring a comprehensive view of the company’s offerings.

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Camp Jeep® is back for its 16th year at the New York International Auto Show, featuring a dramatic new 28-foot mountain that showcases the off-road capabilities of Jeep vehicles. The exhibit, spanning 20,000 square feet, offers attendees a thrilling interactive experience at no cost. Product specialists will demonstrate Jeep’s durability using models like the Wrangler Rubicon 4xe and Grand Cherokee 4xe. Attendees can also enter to win $100,000 towards a Stellantis vehicle. The show runs from April 13, 2022, attracting a global audience and highlighting Jeep's electrification goals.

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Chrysler unveiled the Graphite variation of its all-electric Airflow Concept at the 2022 New York International Auto Show. This new model features a sleek Galaxy Black exterior and Cyprus Copper accents, showcasing Chrysler's commitment to a contemporary, tech-forward design. The company aims to launch its first battery-electric vehicle (BEV) by 2025 and a full electric portfolio by 2028. The Airflow integrates advanced technologies promising up to 400-mile range, with over-the-air updates for enhanced autonomous driving capabilities.

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Stellantis showcased the Jeep Grand Cherokee High Altitude 4xe at the 2022 New York International Auto Show on April 13. This model features a new Hydro Blue Pearl Coat and a High Altitude Package available for Summit 4xe and Summit Reserve 4xe trims. The package, priced at $1,495 for Summit and $995 for Summit Reserve, includes premium black accents and 21-inch wheels. The Grand Cherokee 4xe offers 25 miles of all-electric range and 56 MPGe. Orders for the new color and package will begin in the second half of 2022.

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On April 13, 2022, at the New York International Auto Show, Wagoneer unveiled its new long-wheelbase models: the 2023 Wagoneer L and Grand Wagoneer L. These models feature a 12-inch length and a 7-inch wheelbase increase, providing best-in-class passenger and cargo volume. The introduction of the Hurricane twin-turbo engine family, offering reduced emissions and high performance, accompanies the launch. The models are designed for efficiency, comfort, and advanced technology, including extensive screen displays and premium entertainment systems.

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Chrysler is set to unveil a new design for its all-electric Airflow Concept at the 2022 New York International Auto Show on April 13, at 11:45 a.m. EDT. This event will be streamed live on Chrysler.com. Initially revealed at CES 2022, the Airflow Concept symbolizes Chrysler's commitment to an electric future, with plans to launch its first battery-electric vehicle by 2025 and a full electric vehicle lineup by 2028. The Chrysler brand has a rich history since 1925, known for its innovative designs and advanced technology.

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The Ram Truck brand is set to enhance the excitement for the CMT Music Awards with the Ram Jam: Artists to Watch concert on April 10, 2022, at Cumberland Park, Nashville. The event will showcase performances by rising stars Parker McCollum, Elvie Shane, and Caitlyn Smith. Additionally, Ram Trucks will sponsor the CMT Red Carpet special on April 11, 2022, featuring the Ram 1500 Limited (RAM)RED Edition truck. The main awards show will air live on April 11, marking its debut on CBS and streaming on Paramount+

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FAQ

What is the current stock price of Stellantis N.V. (STLA)?

The current stock price of Stellantis N.V. (STLA) is $12.79 as of November 28, 2024.

What is the market cap of Stellantis N.V. (STLA)?

The market cap of Stellantis N.V. (STLA) is approximately 36.7B.

What is Stellantis N.V.?

Stellantis N.V. is a global automotive manufacturing corporation formed by the merger of Fiat Chrysler Automobiles and PSA Group, making it the fifth-largest automaker in the world.

What are some of the brands under Stellantis?

Stellantis owns 14 brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, and Vauxhall.

When was Stellantis formed?

Stellantis was officially formed on January 16, 2021.

What are Stellantis' recent achievements?

Recent achievements include the launch of the Dodge Complete Performance Package and the debut of the 2025 Ram 1500 RHO, among others.

What is Stellantis' approach to sustainability?

Stellantis aims to become the greatest sustainable mobility tech company, not just the biggest. It focuses on creating value for stakeholders and communities, and developing innovative, environmentally-friendly vehicles like the Fiat 500e.

How did Stellantis perform financially in 2023?

In 2023, Stellantis reported a sales volume of 6.2 million vehicles and EUR 189.5 billion in revenue, despite challenges such as the microchip shortage.

What notable events does Stellantis organize?

One notable event is Jeep Beach, which saw over 40,000 Jeep 4x4s in attendance and raised significant funds for local charities.

What is the Dodge Complete Performance Package?

The Dodge Complete Performance Package offers extensive vehicle protection and includes a day of high-performance driving instruction at Radford Racing School.

What is the significance of the Fiat 500e?

The Fiat 500e is Stellantis' all-electric version of its iconic Fiat 500 model, showcasing the company's commitment to sustainable mobility.

What is the Jeep Wagoneer S?

The Jeep Wagoneer S, part of Stellantis' EV lineup, is a fully electric SUV that showcases the flexibility of the STLA Large platform and exemplifies high performance and rugged capability.

Stellantis N.V.

NYSE:STLA

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36.70B
2.25B
24.68%
46.35%
0.7%
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