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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 and the Jeep brand will lead the Motor City Pride parade on September 18, 2021, showcasing their support for LGBTQ communities. A rainbow-wrapped 2021 Jeep Wrangler 4xe will serve as the grand marshal vehicle. The event reflects Stellantis' commitment to diversity, with ongoing initiatives through its LGBTQ Business Resource Group, Prism. Stellantis has a history of recognition for its equality efforts, highlighted by its inclusion in DiversityInc's list of Top 50 Companies for Diversity. The parade is Michigan's largest LGBTQ celebration, with over 40,000 participants.
Stellantis' Jeep brand has partnered with Wallace Detroit Guitars and Cherrytree Music Company to introduce a custom guitar made from old-growth wood sourced from historic Detroit buildings. The Jeep-branded guitar, available for pre-order at $2,900, will take approximately 90 days to build. The collaboration also features a new song, 'Dreamers,' by the Detroit Dreamers, which was performed at the Mack Assembly Plant. The initiative celebrates Detroit's rich musical and automotive history, emphasizing creativity and community engagement.
Stellantis is testing two new connected safety notification technologies in North America, leveraging vehicle-to-everything (V2X) connectivity to enhance driver awareness of potential hazards. The first program uses Multi-access Edge Computing (MEC) to provide real-time alerts at intersections and pedestrian zones. The second system, developed through Stellantis' 'Star Up' innovation challenge, delivers alerts for nearby emergency vehicles via the Safety Cloud. These advancements aim to improve safety and pave the way for future autonomous technologies.
Stellantis has unveiled over 75 factory-backed accessories for the newly launched 2021 Jeep Grand Cherokee L, enhancing customization options. Key highlights include new 21-inch wheels priced at $550 and integrated side steps at $750. The lineup of more than 500 accessories caters to diverse needs with products ranging from roof racks to pet kennels. The introduction of a third-row seating enhances the vehicle's appeal in the full-size SUV segment, promising improved 4x4 capability and premium styling.
Dodge and Ram have excelled in the J.D. Power 2021 Automotive Performance Execution and Layout (APEAL) Study, with Dodge ranking first among 32 brands and maintaining its top position among mass-market brands for the second consecutive year. The Ram 1500 was recognized as the leading large light-duty pickup for the second year in a row. Both brands demonstrated improvement, scoring 882 and 881, respectively, surpassing the industry average. Additionally, Dodge Charger, Durango, Ram 2500/3500, and Jeep Gladiator achieved second place in their segments.
On September 14, 2021, Stellantis announced new dual-door group options for the 2021 Jeep Gladiator, enhancing the vehicle's open-air experience. This includes new half doors and upper-window assemblies, promoting better visibility and easy conversion between full and half doors. The factory-option pricing ranges from $4,590 to $4,990, with warranty coverage included for three years/36,000 miles. The Gladiator has been recognized for its quality, winning the midsize pickup category in the J.D. Power 2021 Initial Quality Study.
The Jeep Wrangler 4xe has been recognized as one of Wards' 10 Best Engines and Propulsion Systems in its inaugural eligibility year. This plug-in hybrid vehicle, combining a 2.0-liter I-4 engine and two electric motors, offers a range of 21 miles on electric power and achieves 49 MPGe. Notably, it became the top-selling PHEV in the U.S. during Q2 2021. Stellantis is investing over $35 billion in electrification and software across its 14 brands, emphasizing its commitment to advanced, eco-friendly technology.
The Mopar Express Lane Nationals, presented by Pennzoil, are set for Sept. 12-14 at Maple Grove Raceway, marking the kickoff of the NHRA playoff series. This event is the first of seven in the 'Countdown to the Championship'. Notably, Don Schumacher Racing's Leah Pruett competes as the No. 4 seed, while reigning Funny Car champ Matt Hagan will miss the event due to COVID-19 recovery. Tommy Johnson Jr. will drive in his place. Ron Capps, the top seed, aims to leverage a recent runner-up finish to boost his championship prospects.
Stellantis has announced that Christine Feuell will join as CEO of the Chrysler brand starting September 13. Previously the chief commercial officer at Honeywell, Feuell brings a wealth of experience in the automotive and technology sectors, holding significant roles at Ford and Johnson Controls. CEO Carlos Tavares expressed confidence that Feuell will significantly impact the Chrysler brand's direction and potential. Stellantis, listed under the ticker STLA, aims to deliver affordable and reliable mobility solutions while enhancing shareholder value.
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