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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.
FCA US LLC reported its Q3 2021 U.S. sales figures, showing a total of 410,917 vehicles sold, a 19% decrease from last year. Despite this, several models performed well: Jeep Grand Cherokee sales surged 45%, Jeep Gladiator achieved its best third quarter ever with 2% growth, and Ram ProMaster Van sales increased 26%. The company noted ongoing supply chain issues impacting inventory, yet year-to-date sales are up 3% compared to 2020. Noteworthy sales gains were also seen in the Dodge Durango and Alfa Romeo brands.
The all-new 2022 Jeep Grand Cherokee has been unveiled, highlighting its status as the most technologically advanced and luxurious Grand Cherokee yet. This fifth-generation model includes a new plug-in hybrid powertrain, with an estimated 25 miles of all-electric range and 57 MPGe. It features an innovative architecture, advanced 4x4 capability, and the class-exclusive Jeep Quadra-Lift air suspension. The vehicle is set to arrive at North American dealerships in Q4 2021, followed by the electrified 4xe variant in early 2022. Jeep, part of Stellantis (STLA), celebrates its 80th anniversary with this launch.
The all-new 2022 Jeep® Grand Cherokee, including the electrified 4xe version, will debut on September 29, 2021, at 9 a.m. EDT. This fifth-generation model aims to enhance the legacy of the most awarded SUV ever, featuring advanced technology and luxury. The Grand Cherokee will also introduce 4xe plug-in hybrid technology, aligning with Jeep's goal of achieving "zero emission freedom." The event will be streamed live on jeep.com, hosted by Jeep brand executives Christian Meunier and Jim Morrison.
On September 23, 2021, Jeep unveiled the 2022 Wrangler Willys with the new Xtreme Recon Package at Detroit 4Fest. The package features factory-installed 35-inch all-terrain tires, enhancing off-road capabilities. Priced at $39,435 (plus destination charge), it boasts best-in-class approach (47.4°), departure (40.4°), and ground clearance (12.9 inches). Orders open in October, with production starting in December at the Toledo Assembly Plant. The Jeep Wrangler continues to innovate with models like the Wrangler 4xe, the best-selling plug-in hybrid in America, and the powerful Wrangler Rubicon 392.
Stellantis unveiled three new Ram 1500 models at the Texas State Fair: the 2022 Ram 1500 TRX Ignition Edition, limited to 875 units, featuring a supercharged HEMI® V-8 engine starting at $91,585; the 2022 Ram 1500 Longhorn SouthFork, emphasizing luxury and comfort, priced at $61,620; and the 2022 Ram 1500 (RAM)RED Edition, part of a $4 million commitment to the Global Fund, starting at $63,250. The models highlight personalization for buyers and will be available in Q4 2021.
Stellantis will showcase its diverse vehicle lineup at the Texas Auto Show during the 2021 State Fair of Texas, from Sept. 24. Highlights include new models from Ram, Jeep, and Alfa Romeo, with interactive experiences for attendees. The Ram Truck brand features the powerful TRX model, boasting 702 horsepower and offering thrilling test rides. The Jeep Grand Cherokee L debuts as a three-row SUV. Stellantis celebrates its 85th anniversary at this event, emphasizing innovation and customer engagement across its brands.
Stellantis announces a groundbreaking partnership with (RED), becoming the first multi-brand automotive partner. The Jeep, Ram, and FIAT brands will launch special-edition (RED) vehicles, contributing at least $4 million to combat global health emergencies, including AIDS and COVID-19, over three years. The Jeep RED Compass will debut in early 2022, followed by the RED Renegade and Ram 1500 Limited RED. This initiative aims to raise awareness and funds, with campaigns like 'The (RED) Mission' and 'Born to Save' already in action.
On September 21, 2021, Stellantis reaffirmed its commitment as the exclusive sponsor of the National Black MBA Association Graduate Student Case Competition. This annual event offers $50,000 in scholarships, with the 2021 competition held virtually from September 11-13. Clark Atlanta University won first place, earning $25,000, with other finalists from Georgia Institute of Technology and University of Michigan receiving $15,000 and $10,000, respectively. Stellantis has sponsored the event since 1995, fostering a pipeline of diverse talent critical for innovation.
Stellantis N.V. announced that Mike Manley will resign as Head of Americas to become the CEO of AutoNation Inc. starting November 1, 2021. Following this transition, Mark Stewart and Antonio Filosa will report directly to CEO Carlos Tavares. Tavares expressed gratitude for Manley's contributions and wished him well in his new role, emphasizing their collaborative success in establishing Stellantis. Manley reflected positively on his time at Stellantis and expressed pride in the team's performance. John Elkann acknowledged Manley’s instrumental role in transforming the Jeep brand and in launching Stellantis.
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