Stellantis N.V Stock Price, News & Analysis

Tony Stewart Racing is concluding its inaugural season in the NHRA Camping World Drag Racing Series, aiming for a championship at the Auto Club NHRA Finals. Driver Matt Hagan, a three-time Funny Car World Champion, is 63 points behind the leader with notable achievements this season, including four wins. Leah Pruett, the team's Top Fuel pilot, also aims to finish strong after a season marked by growth, including a victory at the Mile-High Nationals. Both drivers look forward to building on this season's success in the future.

FCA US LLC has issued an urgent warning for owners of certain Dodge and Chrysler models from 2005-2010 regarding Takata air-bag recalls. Approximately 276,000 vehicles are affected, and owners are advised to stop driving them immediately until repairs are made. Free replacement air bags have been available since 2015, with FCA stating they have ample supply. The company has been actively reaching out to affected customers through various communication methods. For recall status, customers can contact 833-585-0144 or check their VIN at specific websites.

Stellantis announced that its 2023 Grand Wagoneer received accolades for Best Interior and Best New Feature for the Hurricane Twin Turbo engine. The Ram 1500 was awarded Truck of Texas for the fifth consecutive year and also won in the Full-size and Luxury Pickup categories. The 2023 Ram Heavy Duty Rebel secured the Heavy Duty title for the sixth year. Overall, Stellantis brands secured eight awards at the event, showcasing leadership in the truck market.

Stellantis brands excel at the SEMA Show, with the Dodge Challenger named Car of the Year, Jeep Wrangler as 4x4/SUV of the Year, Jeep Gladiator as Mid-size Truck of the Year, and Ram winning Full-size Truck of the Year. These awards, voted by the SEMA community, underscore Stellantis' commitment to the specialty equipment market. The Challenger remains a leader in performance with 807 horsepower. The Wrangler offers unmatched off-road capability, and the Gladiator emphasizes rugged utility. Meanwhile, Ram continues to lead in truck innovation, highlighted by superior towing and payload capacities.

The Ram Truck brand will debut the Ram 1500 Revolution battery-electric vehicle (BEV) concept at CES 2023 in Las Vegas on January 5. This vehicle showcases advanced technology and aligns with Stellantis’ Dare Forward 2030 plan to enhance electrification in the pickup segment. By 2025, Ram aims to offer electrified solutions in most segments, leading in key areas such as range and towing capacity. The Ram 1500, recognized for quality, has been named the best large light-duty pickup by J.D. Power for three consecutive years.

Dodge has unveiled updates for the Charger Daytona SRT Concept at the 2022 SEMA Show, showcasing the upcoming electrified muscle car. The concept features three battery-electric power levels, including 456 hp (340 kW) and 590 hp (440 kW), alongside Direct Connection performance upgrades. The new Stryker Red exterior color and carbon-fiber wheels enhance its design. Dodge will also conduct consumer clinics for their innovative Fratzonic Chambered Exhaust system. This event marks a significant step towards Dodge's electrified future, demonstrating the blend of tradition and modern technology in muscle cars.

Dodge has unveiled two new series of crate engines for its expanding Direct Connection performance parts lineup: the Hellephant and HurriCrate series. These engines will be showcased at the SEMA Show in Las Vegas from Nov. 1-4, 2022. The Hellephant engines range from approximately 900 to over 1,100 horsepower, while the HurriCrate series offers engines delivering 420 to 550 horsepower. The rollout includes the introduction of the Direct Connection 1500 HEMI Crate Engine, enhancing the availability of factory-backed performance parts through nearly 100 Dodge Power Brokers dealerships.

Dodge and MotorTrend are set to host the eighth edition of Roadkill Nights in 2023, a festival dedicated to street-legal drag racing. The event will feature the Dodge Direct Connection Grudge Race, where competitors will build drag cars using the new HurriCrate Series engines derived from the 3.0L Hurricane Twin Turbo engine. Following a record attendance of over 40,000 in 2022, expectations for this year's event are high. The format includes mentorship for newcomers, pairing experienced racers with novices. More details on the event will be revealed later in 2023.