Stellantis N.V Stock Price, News & Analysis

Auburn Hills, Mich., Jan. 18, 2023 - Alfa Romeo has announced the pricing for its 2024 Tonale, starting at $42,995, excluding a $1,595 destination charge. Pre-ordering is now available for the Tonale Ti and Tonale Veloce trims, with an expected electric range exceeding 30 miles thanks to its 15.5-kWh battery and 90-kW electric motor. Customers opting for a lease can benefit from a $7,500 Federal EV tax credit. The Tonale features a powerful 285 horsepower output and all-wheel drive, marking Alfa Romeo's entry into the premium compact SUV segment.

On January 17, 2023, the 2023 Ram 1500 was named to Car and Driver's 10Best vehicle list for the fifth consecutive year. The Ram 1500 lineup achieved this recognition after rigorous evaluation against competitors, emphasizing its exceptional driving experience and value. The Ram 1500 Limited and Ram 1500 TRX were among the models assessed. Ram continues to lead in various benchmarks, including towing capacity of 37,090 lbs and luxurious interior features. This recognition solidifies its position as the most awarded light-duty truck in America, enhancing its appeal among truck buyers.

The Ram 1500 Revolution Battery-electric Vehicle (BEV) Concept was unveiled at CES 2023, showcasing Ram's commitment to electric vehicle leadership. This innovative concept integrates advanced technology for a fully connected customer experience, featuring an ultra-modern design, flexible interiors, and unique capabilities such as third-row jump seats. Built on the new STLA Frame architecture, it offers all-wheel-drive and impressive fast-charging capabilities. The production model is expected in 2024, setting a new standard in electrification, while aligning with Stellantis' Dare Forward 2030 plan for sustainable mobility.

FCA US LLC reported a 13% decline in total U.S. sales for 2022, totaling 1,547,076 vehicles, amid industry challenges. Despite this, total PHEV sales rose 26% year-over-year, with the Jeep Wrangler 4xe being the top selling plug-in hybrid. Key highlights include a 46% increase in Wrangler 4xe sales and a 123% rise in Chrysler Pacifica Hybrid retail sales in Q4. The commercial fleet sector saw a record year, up 28% overall. However, Q4 sales dropped 16% compared to the prior year. FCA aims for a 50% battery-electric vehicle sales mix by 2030.

Stellantis and Archer have announced a partnership to manufacture Archer's Midnight electric vertical take-off and landing (eVTOL) aircraft. This collaboration aims to utilize Stellantis' advanced manufacturing expertise, personnel, and up to $150 million in equity to facilitate production at a new facility in Covington, Georgia, set to begin in 2024. Stellantis will also aim to increase its shareholding in Archer, enhancing its role as a strategic investor and enabling Archer to save significantly on manufacturing costs during its ramp-up phase.

Chrysler unveiled the Chrysler Synthesis demonstrator at CES 2023, showcasing innovative technology and sustainable design for future vehicles. It features STLA Smart Cockpit and STLA AutoDrive technologies aimed at enhancing daily user experiences. As the first brand to integrate these technologies in North America, Chrysler plans to lead with a full battery-electric vehicle portfolio by 2028. The Synthesis signifies Chrysler's commitment to Harmony in Motion, focusing on a seamless customer experience in product and ownership.

The 2023 Jeep Wrangler High Tide and special-edition Jeep Beach models commemorate the 20th anniversary of Jeep Beach in Daytona Beach, Florida. The Wrangler High Tide is priced at $51,540, featuring 35-inch tires and is available for order this month. Only 500 Jeep Beach models will be produced, starting at $54,040, equipped with exclusive features like hood decals and embroidered leather seats. Jeep Beach 2023 will be held from April 22-30, 2023, expecting over 200,000 attendees and raising funds for charities.

The new 2023 Ram 1500 TRX Havoc Edition has been announced, expanding the light-duty truck lineup with enhanced personalization options. This limited edition features a unique Baja Yellow exterior and includes advanced technology and performance features. Priced from $104,550 plus destination charges, it delivers substantial power with a 6.2-liter supercharged HEMI® engine. Available for sale in very limited quantities starting in Q1 2023, this model aims to attract performance truck buyers by offering superior features and capabilities straight from the factory.