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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.
Stellantis, based in Auburn Hills, Mich., showcases a new Jeep concept at the 2022 Easter Jeep Safari, blending features of the Jeep Wrangler and Gladiator. This innovative design enhances off-road capabilities and improves the vehicle’s departure angle, delivering greater four-wheeling confidence and an open-air driving experience.
Stellantis announces the return of the Gobi exterior paint color for the 2022 Jeep Gladiator and introduces it for the first time on the Jeep Wrangler. Orders are open now through June 2022 for all models, priced at $495. Gobi is the fifth special-run color following Tuscadero, Gecko, Nacho, and Chief. The Jeep Wave customer care program offers three years of maintenance, 24/7 support, and exclusive event access to owners. The Jeep brand aims to electrify its entire lineup by 2025.
Stellantis's 2022 Chrysler Pacifica Limited and Ram 1500 Laramie have been recognized on Autotrader's list of Best Car Interiors Under $50,000. The Pacifica, known for its clever storage and luxurious features, is the most awarded minivan, while the Ram 1500 is noted for its elegant design and advanced technology, including the Uconnect 5 system. Both vehicles highlight the increasing quality of affordable car interiors, as stated by Autotrader's Brian Moody.
Dodge has launched the Dodge Power Brokers dealer network, becoming the exclusive source for the brand's Direct Connection performance parts. This program kicks off with nearly 100 dealerships across 34 states in the U.S., with plans for expansion. Certified dealers will provide trained staff and concierge-level service to guide enthusiasts on performance upgrades while maintaining vehicle warranties. The offering includes over 200 performance parts, such as 14 performance kits for the Dodge Challenger and power-boosting kits for the SRT variations, ensuring quality and factory-backed warranties.
The all-new 2022 Grand Wagoneer has been honored as the Luxury Utility Vehicle of the Year by AutoGuide.com, highlighting its exceptional features and performance. This prestigious award underscores the Grand Wagoneer's dominance in the luxury SUV market, praised for its superior towing capacity of 10,000 lbs and advanced technology, including up to seven high-definition screens and a 23-speaker sound system. Designed with comfort and safety in mind, it offers spacious interiors and premium materials, making it a top choice for families seeking a luxury experience.
The 2023 Ram ProMaster was unveiled at the Work Truck Week trade show in Indianapolis, showcasing its focus on durability, efficiency, and advanced technology. Key features include new LED headlights, an optional rear roll-up door, and Parallel/Perpendicular Park Assist for enhanced safety. The vehicle now offers three roof heights and best-in-class cargo volume. Ram Telematics enhances connectivity for fleet owners, and a battery-electric version is set to release, with Amazon as the first customer. The new ProMaster promises significant enhancements for commercial customers, focusing on user feedback and operational efficiency.
Dodge//SRT and Mopar racers are gearing up for the NHRA Gatornationals in Gainesville, Florida, from March 10-13, 2022. Drivers Matt Hagan and Leah Pruett aim for their first wins with their new team, competing aboard Dodge Power Brokers machines. Hagan, a three-time NHRA Funny Car World Champion, hopes to conquer Gainesville, a track he has yet to master. Meanwhile, Pruett seeks redemption in the Top Fuel All-Star Callout amid challenging weather conditions. The event showcases the Dodge brand's commitment to motorsports and performance.
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.
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