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Stellantis N.V. - STLA STOCK NEWS

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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.

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Stellantis introduces the Jeep Wrangler Xtreme Recon Package at the 2021 Chicago Auto Show, featuring 35-inch tires for enhanced off-road capabilities. The package, priced at $3,995, offers best-in-class approach, departure angles, ground clearance, and water fording capability. Customer orders begin now, with production set for August at the Toledo Assembly Plant. Additional options include an industry-first 100:1 crawl ratio available later this year. The new Sunrider Flip Top enhances the open-air experience with a premium design.

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Jeep Performance Parts (JPP) has launched the Sunrider Flip Top for Hardtop, an innovative flip-back soft top for Jeep Wrangler and Gladiator models, enhancing the open-air driving experience. Available for 2018-2021 Jeep Wrangler and 2020-2021 Gladiator, it retails for $895. This top is designed from premium black twill fabric for durability and weather protection and includes easy installation instructions. Additional accessories are also offered to further enhance the Jeep experience. For more details, visit the Mopar eStore.

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Stellantis announced the starting prices for the new 2022 Jeep Compass lineup, with models starting at $24,995. The lineup includes five trims: Sport, Latitude, Latitude LUX, Trailhawk, and Limited. Enhanced features include advanced safety technologies, a spacious interior, and a modern exterior design. The vehicles ensure superior off-road capability with Jeep's 4x4 systems, and the Trailhawk features the class-leading Active Drive Low system. The Jeep Wave customer service program will support all trims. The 2022 Compass is scheduled to arrive in dealerships in fall 2021.

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The 2022 Jeep Compass, unveiled at the Chicago Auto Show, features enhanced connectivity and advanced technologies, making it the most sophisticated model yet. It boasts two Jeep 4x4 systems, a modern interior with a 10.1-inch Uconnect 5 display, and over 75 safety features including semi-autonomous driving capabilities. The new Latitude LUX trim offers premium amenities and safety features. With improved off-road capabilities and a fuel-efficient 2.4-liter engine, the Compass is poised to deliver a refined driving experience. It will be available in North American dealerships starting fall 2021.

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Stellantis, the parent company of Dodge and Mopar, is returning as title sponsor for the Dodge//SRT Mile-High Nationals at Bandimere Speedway in Denver, taking place July 16-18, 2021. This marks the 41st edition of the event, highlighting a partnership that began in 1989. Notable drivers like reigning Funny Car World Champion Matt Hagan will compete, aiming for victory at this iconic race. The event features interactive exhibits for fans and showcases Dodge's commitment to performance cars, including the latest SRT models.

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The Jeep brand has launched its new marketing campaign, “Wildly Civilized”, to promote the 2021 Jeep Grand Cherokee L, showcasing its combination of luxury and ruggedness. The campaign will run across broadcast, social, and digital platforms, including dedicated TV spots during major sports events.

Notable features of the new Grand Cherokee L include seven-passenger seating, advanced safety technologies, and a legacy of over 7 million sales. This SUV aims to redefine the full-size segment with enhanced 4x4 capability and premium craftsmanship.

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Jeep Performance Parts (JPP) has launched a Gorilla Glass replacement windshield for the latest Jeep Wrangler (JL) and Gladiator (JT) models. Utilizing chemical-strengthening technology from cell phone screens, this lightweight windshield promises enhanced durability with resistance to chips and cracks. It comes with a two-year unlimited-mile warranty. Notably, the product features Jeep branding and is priced between $645 and $932 depending on specifications. The replacement windshields are now available across the U.S. and Canada through dealers and installers.

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Stellantis has introduced the new 2022 Ram 1500 BackCountry Edition, enhancing the Big Horn and Lone Star models with factory-installed off-road capabilities. Key features include off-road calibrated shocks, all-terrain tires, and skid plates. The BackCountry will be showcased at the Chicago Auto Show and is set to launch in the third quarter of 2021. It offers a starting MSRP of $40,085 plus destination charges. Stellantis aims to meet the growing demand for rugged, versatile trucks, reinforcing its leadership in the off-road segment.

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The Jeep brand has unveiled the first images of the all-new 2022 Jeep Grand Cherokee 4xe plug-in hybrid during Stellantis EV Day 2021. This fifth-generation model, which has garnered over 7 million global sales and numerous industry accolades, signifies Jeep's commitment to electrification and its vision of "Zero Emission, 100% Freedom." The Grand Cherokee lineup will be fully revealed at the 2021 New York International Auto Show. Jeep continues to offer a diverse lineup of vehicles, enhancing its brand presence as it celebrates 80 years of innovation.

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Stellantis N.V. (NYSE: STLA) has announced a robust electrification strategy, committing over €30 billion through 2025 to enhance electrification and software development. The goal is to achieve more than 70% of sales in Europe and 40% in the U.S. as low-emission vehicles (LEV) by 2030. Stellantis aims for an EV battery sourcing strategy of over 260 GWh by 2030, supported by five gigafactories. The company targets sustainable double-digit adjusted operating income margins by 2026, focusing on efficiency, affordability, and a diverse range of battery technologies.

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FAQ

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

The current stock price of Stellantis N.V. (STLA) is $15 as of September 20, 2024.

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

The market cap of Stellantis N.V. (STLA) is approximately 43.7B.

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

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43.69B
2.96B
25.62%
47.92%
0.73%
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