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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 September 1, 2021, Stellantis N.V. (STLA) announced its definitive agreement to acquire F1 Holdings Corp., the parent company of First Investors Financial Services Group, for approximately $285 million. This acquisition aims to establish a captive finance company in the U.S., where Stellantis currently does not have one. CEO Carlos Tavares emphasized the strategic importance of this move for providing comprehensive financing options and enhancing customer loyalty. The transaction is expected to close by the end of 2021, pending regulatory approvals.
Stellantis announced the introduction of the Uconnect 5 system for the 2022 Ram lineup, enhancing user experience with features like wireless Apple CarPlay and Android Auto, customizable home screens, and improved telematics for fleet owners. This advanced system aims to cater to truck and fleet operators by offering faster speeds, enhanced performance, and seamless over-the-air updates. With up to five user profiles, advanced voice recognition, and improved navigation capabilities, Uconnect 5 is designed to keep drivers engaged and informed while ensuring safety on the road.
Stellantis announced significant achievements in the J.D. Power 2021 Initial Quality Study (IQS), with its Ram brand securing the top spot among 32 competitors, marking the first time a truck-exclusive brand has achieved this. The Dodge brand ranked second, maintaining its elite status, while Jeep rose to eighth place. Notable models include the Ram 2500/3500 as the top large heavy-duty pickup and the Ram 1500 as a runner-up in the light-duty category. Stellantis demonstrated impressive quality improvements, with half of its eligible vehicles ranking among the top three in their segments.
Dodge is set to host the 67th Dodge//SRT NHRA U.S. Nationals from September 1-5 in Indianapolis, marking the largest drag-racing event globally. This year, Dodge//SRT expands its sponsorship with a multiyear deal, reinforcing its commitment to motorsports. Key competitors include 2016 champion Matt Hagan, current points leader, and Leah Pruett, aiming for victory after a runner-up finish last year. The event also celebrates the 20th anniversary of the Dodge HEMI® Challenge, highlighting Dodge's rich racing heritage.
Stellantis has unveiled the new Tuscadero exterior paint color for all 2021 Jeep® Wrangler models, including Sport, Sahara, Rubicon, 4xe, and 392. This vibrant magenta color is available for a limited time through November 2021, priced at $395. The introduction of Tuscadero aligns with Jeep's 80th anniversary, reinforcing the brand's commitment to offering distinctive customization options. Jeep plans to enhance customer engagement with this bold color choice, appealing to the passionate Jeep community.
XL Fleet Corp. (NYSE: XL) has partnered with Stellantis (NYSE: STLA), adding its hybrid electric drive system for Ram 2500 and 3500 trucks. This collaboration enhances XL Fleet's product portfolio, now electrifying four major U.S. pickup brands: Ford, Chevrolet, Ram, and GMC. The XLH™ system improves fuel economy and reduces CO2 emissions while retaining OEM warranties. It will be showcased at the Advanced Clean Transportation Expo from August 31 to September 1 in Long Beach, CA. This milestone is expected to create new opportunities for fleet electrification and sustainability initiatives.
The 2022 Ram ProMaster, unveiled by Stellantis, is a Class 2 full-size van designed for vocational use. It boasts enhanced safety features, including Full-Speed Forward Collision Warning and Drowsiness Detection. The ProMaster offers the most advanced connectivity with Uconnect 5, featuring a 10-inch touchscreen and wireless Apple CarPlay. Equipped with a next-gen 3.6-liter Pentastar V-6 engine and a TorqueFlite nine-speed automatic transmission, it provides improved efficiency and drivability. Additionally, a battery-electric variant is set to launch in 2023, responding to customer demand.
The 2021 Chrysler Pacifica and Jeep Wrangler have been recognized by Autotrader for the third consecutive year as among the 10 Best Cars for Dog Lovers. This accolade highlights the Pacifica's spacious interior and Stow 'n Go seating, ideal for pet transport. The Jeep Wrangler is celebrated for its rugged capabilities and open-air features, perfect for adventurous pet owners. Mopar offers accessories such as pet kennels and all-weather mats, enhancing the vehicles' pet-friendly appeal. This recognition underscores the family-oriented design of both models, catering to dog lovers.
Ram Truck brand has launched the Ram BandVan Back To Live Tour, in partnership with SiriusXM and Pandora, to support emerging artists as they return to live touring. The initiative provides ProMaster vans to at least five bands, enabling them to reconnect with fans. The tour begins with the opening act, Radkey, during the Foo Fighters' 2021 summer tour. This initiative follows the recent Ram ad campaign featuring Dave Grohl and aims to document the artists' journeys. The Ram vans will be equipped with SiriusXM for an enhanced travel experience.
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