STOCK TITAN

Stellantis N.V. - STLA STOCK NEWS

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.

Rhea-AI Summary

Stellantis (NYSE: STLA) has announced its participation in the 2024 Bank of America European Autos and Future Car Virtual Conference. Natalie Knight, Stellantis Chief Financial Officer, will engage in a fireside chat on Monday, September 23 at 4 p.m. CEST / 10 a.m. EDT.

The live session will be accessible via webcast, with details available on the Stellantis corporate website's Investors section. A recorded replay will be provided for those unable to attend the live event.

Stellantis, a leading global automaker, is known for its portfolio of iconic brands including Jeep, Chrysler, and Peugeot. The company is committed to its Dare Forward 2030 strategic plan, aiming to become a carbon net zero mobility tech company by 2038.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.45%
Tags
conferences
-
Rhea-AI Summary

Jeep® has announced a price repositioning for its 2025 Gladiator midsize pickup truck, with the base model now starting at $39,995. This includes a new standard eight-speed automatic transmission and destination charges. All Gladiator models have seen MSRP revisions for 2025, along with new standard equipment such as power locks and windows.

The Gladiator, the only open-air pickup truck in the industry, offers best-in-class V-6 towing and payload. It features a range of trims including Sport, Sport S, Willys, Rubicon, and Mojave. The 2025 model boasts an unsurpassed 4x4 max towing capacity of 7,700 pounds and a best-in-class payload of up to 1,725 lbs. New standard features also include side-curtain airbags, adaptive cruise control, and a Uconnect 5 system with a 12.3-inch touchscreen.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
none
-
Rhea-AI Summary

Stellantis (NYSE: STLA) held its 9th annual Factory Booster Day on September 18, 2024, at the Mirafiori Complex in Turin, Italy. The event showcased 93 innovations from over 60 partners, aimed at enhancing manufacturing efficiency and sustainability. Key achievements since 2021 include:

11% reduction in transformation costs
23% decrease in energy consumption
40% reduction in quality issues

Notable innovations implemented from previous events include:
• Autodesk Construction Cloud for digital twin simulations
• AI-enabled robot guidance for improved quality and reduced lead time
• Autonomous wheels from wheel.me for efficient material movement

These advancements support Stellantis' Dare Forward 2030 strategic plan, which aims for carbon net zero by 2038, 40% reduction in production costs by 2030, and industry-leading product quality.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
AI
Rhea-AI Summary

Stellantis Pro One has inaugurated its global commercial vehicles hub at the Mirafiori Automotive Park 2030 in Turin, Italy. This hub brings together over 80 experts to integrate cross-brand functions and coordinate global competence centers. The move aims to increase efficiency and decision-making speed in Stellantis' commercial vehicles business, which accounts for one-third of the company's total Net revenue.

Key highlights include:

  • Stellantis Pro One secured top positions in Europe 30, South America, and the Middle East & Africa in H1 2024
  • Renewed entire van lineup with 12 new models featuring second-generation electrification and full connectivity
  • Introduced 'Stellantis CustomFit' program for vehicle conversion and customization
  • Expanded hydrogen fuel cell vehicle production capacity

The hub underscores Stellantis' commitment to strengthening its global leadership in commercial vehicles and achieving its Dare Forward 2030 strategic plan objectives.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
none
-
Rhea-AI Summary

Dodge has officially opened orders for the all-new 2024 Dodge Charger Daytona, marking a new era of American muscle cars. The company is offering an exclusive First Call package for customers who place a sold order by October 31, 2024. This package includes:

1. A two-day performance driving experience at Radford Racing School
2. A welcome kit
3. Exclusive VIP concierge service

The 2024 Charger Daytona comes in two models: R/T and Scat Pack. The Scat Pack retains the title of the world's quickest and most powerful muscle car, with 670 horsepower and 0-60 mph in 3.3 seconds. Both models include factory-installed Direct Connection upgrades and qualify for the full $7,500 federal tax credit when leased.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
Tags
none
-
Rhea-AI Summary

Jeep® has launched a new marketing campaign called 'There's Only One', celebrating its iconic SUVs. The multi-faceted campaign includes 30 and 60-second videos across broadcast, social, and digital channels. It highlights Jeep's entire SUV portfolio, including the Wrangler, Grand Cherokee, Wagoneer, Gladiator, and Compass.

The campaign revives the 'There's Only One' tagline from 30 years ago and showcases Jeep's off-road capabilities and cultural significance. It will initially focus on the U.S. market with potential for global expansion. Multicultural versions targeting Black and Hispanic markets are planned for select markets in the coming weeks.

Raj Register, Chief Marketing Officer of North America, Stellantis, emphasized the campaign's aim to showcase Jeep's legacy while steering towards new multi-energy platforms. The campaign was created in partnership with Chicago-based Highdive.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
Tags
none
Rhea-AI Summary

Stellantis N.V. (STLA) has reported its weekly share repurchase activity for September 6-12, 2024, as part of its Third Tranche of the 2024 Share Buyback Program. The company repurchased 16,795,830 common shares at an average price of €13.8195 per share, totaling €232,109,834. This is part of a larger €1 billion buyback program announced on August 1, 2024, set to run until November 29, 2024. Since the program's inception, Stellantis has bought back 47,494,365 shares for a total of €679,003,146. As of September 5, 2024, the company held 128,994,539 shares in treasury, representing 3.32% of its total issued share capital.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.47%
Tags
buybacks
-
Rhea-AI Summary

Stellantis (NYSE: STLA) has announced investments totaling over $406 million in three Michigan facilities to support its multi-energy strategy. The Sterling Heights Assembly Plant (SHAP) will receive $235.5 million to produce the company's first battery-electric Ram 1500 REV and the range-extended Ram 1500 Ramcharger alongside internal combustion engine models. $97.6 million will go to the Warren Truck Assembly Plant for production of a future electrified Jeep Wagoneer. The Dundee Engine Plant will get $73 million for battery tray assembly and beam machining for STLA Frame and STLA Large architectures.

These investments align with Stellantis' Dare Forward 2030 strategic plan, aiming for 50% BEV sales mix in the US by 2030. The company is investing over €50 billion in electrification this decade and targeting carbon net zero status by 2038.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.46%
Tags
none
-
Rhea-AI Summary

Dodge unveils the 2025 Dodge Durango SRT Hellcat Hammerhead, a new special-edition model of their powerful SUV. This -production vehicle features a 710-horsepower supercharged 6.2-liter HEMI Hellcat V-8 engine, accelerating from 0 to 60 mph in 3.5 seconds. The Hammerhead edition boasts a distinctive Hammerhead Grey leather interior and Night Moves exterior color.

Key features include Satin Carbon 20-inch wheels, a Satin Black painted hood, and premium tech like a 10.1-inch touchscreen with navigation. The model qualifies for a $10 per horsepower cash allowance under the Dodge Power Dollars program. Available for ordering now, the Durango SRT Hellcat Hammerhead starts at a U.S. MSRP of $113,720 (excluding destination charge).

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
Tags
none
Rhea-AI Summary

Dodge is entering the 2024-2025 Nitrocross Series with four 1,000-plus-horsepower Dodge Hornet R/T FC1-X electric-powered race cars in the Group E class. The cars will be fielded by the Dreyer & Reinbold Racing (DRR) team, with drivers including 17-year-old Lia Block and two-time Group E champion Robin Larsson. The series begins on Sept. 7-8 at Richmond Raceway and includes 10 events across five locations. Nitrocross, introduced by Travis Pastrana in 2020, features tracks with pavement and dirt surfaces and is known for its spectacular jumps and wild drifts. The Dodge Hornet R/T FC1-X can accelerate from 0-60 in 1.4 seconds and produces nearly 2g of acceleration from a standing start.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.08%
Tags
none

FAQ

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

The current stock price of Stellantis N.V. (STLA) is $13.05 as of November 22, 2024.

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

The market cap of Stellantis N.V. (STLA) is approximately 37.3B.

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

STLA Rankings

STLA Stock Data

37.28B
2.25B
24.68%
46.48%
0.7%
Auto Manufacturers
Consumer Cyclical
Link
United States of America
Hoofddorp