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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.
On March 2, 2022, Ram unveiled the Ram Revolution, an exclusive insider program aimed at transforming the pickup truck market. The announcement coincided with Stellantis' long-term strategic plan, which previews the new Ram 1500 battery-electric vehicle (BEV) set to launch in 2024. Ram aims to electrify most of its segments by 2025 and achieve a full electrified portfolio by 2030. Notably, the Ram brand has achieved high rankings in quality and customer satisfaction, indicating strong market performance.
On March 1, 2022, during Stellantis' Dare Forward 2030 presentation, CEO Carlos Tavares unveiled the first-ever fully electric Jeep SUV. Set for launch in early 2023, this model marks a significant step in Jeep's commitment to electrification, aiming for Zero Emission Freedom. The company plans to offer electrified variants across its entire SUV lineup by 2025, aligning with global sustainability initiatives. Further details about the new battery-electric vehicle will be provided in the coming months.
Stellantis N.V. announced its strategic plan, Dare Forward 2030, aiming for carbon net-zero emissions by 2038 with a 50% reduction by 2030. The company targets 100% battery-electric vehicle (BEV) sales in Europe and 50% in the U.S. by the decade's end, planning to sell 5 million BEVs annually. Key initiatives include launching more than 75 BEVs and targeting double-digit adjusted operating income margins while doubling net revenues to €300 billion by 2030. Stellantis emphasizes diversity and aims for a 25-30% dividend payout ratio through 2025.
On February 28, 2022, Stellantis and the National Business League (NBL) completed the pilot of the National Black Supplier Development Program, graduating 13 Black-owned businesses. These participants are either securing or being considered for vital contracts in Stellantis marketing projects, including the Chrysler Pacifica and Dodge Durango. The program aims to enhance opportunities for over 2.9 million Black businesses in a post-pandemic economy, promoting equity in the marketplace. The next phase will onboard Fortune 500 partners and evaluate lessons learned to ensure program sustainability.
The Jeep brand is returning to Moab, Utah, for the 56th annual Easter Jeep Safari from April 9-17, 2022. This event, hosted by Moab's Red Rock 4-Wheelers club, attracts thousands of Jeep enthusiasts each year. Jeep and Jeep Performance Parts (JPP) are set to unveil unique concept vehicles, including a 4xe electrified SUV showcasing Jeep's commitment to Zero Emission Freedom. All Jeep models will offer electrified versions by 2025, highlighting the brand's dedication to sustainable off-roading.
The 2022 Chrysler Pacifica minivan has received a TOP SAFETY PICK+ rating from the Insurance Institute for Highway Safety (IIHS), marking its second consecutive year achieving this status. It excelled in six crashworthiness tests and boasts an advanced Automatic Emergency Braking system rated 'superior.' The Pacifica remains unique in North America as the only minivan offering all-wheel drive and second-row Stow 'n Go seating. With over 160 industry awards, it continues to set benchmarks in safety and innovation.
The 2022 Ram 1500 Crew Cab has achieved the TOP SAFETY PICK rating from the IIHS, marking the third consecutive year for this accolade. The rating is attributed to its superior Automatic Emergency Braking (AEB) system and outstanding performance in six crashworthiness tests. The truck's AEB technology combines camera and radar capabilities, enhancing safety by potentially avoiding frontal impacts. Ram aims to deliver exceptional vehicle safety, underscoring the importance of safety for families and communities.
Stellantis has announced the launch of the 2022 Jeep Compass Altitude Package, now available for order. This new package features unique Gloss Black exterior accents and offers legendary Jeep 4x4 capability. The MSRP starts at $1,645, which includes 18-inch black aluminum wheels and advanced safety features like Forward Collision Warning. The Altitude Package complements the existing (RED) special edition, aimed at supporting global health initiatives. Jeep's commitment to customer service is highlighted through the Jeep Wave program, offering maintenance and exclusive perks.
On February 16, 2022, Stellantis announced the launch of the Direct Connection Contingency Program for Dodge Challenger Mopar Drag Pak racers, featuring a $10,000 reward for wins at NHRA and NMCA events—making it the largest manufacturer-backed contingency award. The program aims to enhance grassroots racing support, offering a total of 14 events in 2022. Additionally, participants can earn $1,000 for victories and $500 for runner-up finishes, while a suite of 13 race-ready kits will be available for purchase starting March 9, 2022.
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