Stellantis N.V Stock Price, News & Analysis

Dodge announces its Speed Week, scheduled for August 15-17, 2022, featuring three nights of worldwide product reveals at M1 Concourse in Pontiac, Michigan. Each night will showcase different muscle car categories: current muscle, gateway muscle, and future muscle. Media opportunities for interviews with Dodge executives are included, highlighting the brand's commitment to performance and innovation. Stellantis, the parent company, emphasizes Dodge's industry leadership in horsepower and quality awards.

The 2022 Grand Wagoneer has been named the Official Winter SUV of New England, while the 2022 Ram 1500 retains its title as the Official Winter Pickup Truck of New England. Other winners include the Jeep Grand Cherokee L in the Mid-size SUV category and the Jeep Wrangler in the compact SUV class, awarded by the New England Motor Press Association (NEMPA). The awards highlight the vehicles' performance and capabilities in harsh winter conditions.

Stellantis announced a total investment of $99 million in three North American plants to produce a new 1.6-liter turbocharged engine for hybrid-electric vehicle (HEV) applications. The investment includes $83 million for retooling the Dundee Engine Complex in Michigan, with production set to start in early 2025. The Kokomo Casting Plant will receive $14 million for upgrades, and nearly $2 million will be allocated to the Etobicoke Casting Plant for new tooling. This initiative aligns with Stellantis' Dare Forward 2030 strategy.

The MotorTrend Presents Roadkill Nights Powered by Dodge event returns on August 13, 2022, in Pontiac, Michigan, featuring legal street drag racing and a builder showdown using Dodge Direct Connection parts. A media preview is set for August 12. Highlights include celebrity appearances, vehicle builds by past competitors, and Dodge thrill rides. This year kicks off a multi-day Dodge Speed Week, including product reveals from August 15-17 and an event display on August 20 during Dream Cruise weekend.

Dodge has secured the top spot among mass-market brands in the J.D. Power 2022 U.S. Automotive Performance Execution and Layout (APEAL) Study for the third consecutive year, marking a historic achievement as the only domestic brand to do so. Ram maintained its second-place ranking, with the Ram 1500 being recognized as the best large light-duty pickup for the third straight year. The Jeep brand also experienced a significant rise, improving 15 points in the APEAL index.

Stellantis has achieved a top score on the 2022 Disability Equality Index (DEI), reaffirming its commitment to disability inclusion. The DEI, considered the leading assessment tool in this area, measures workplace practices like culture, accessibility, and retention. Stellantis was also recognized in 2021 and has received several other diversity and inclusion accolades in 2022, such as high ratings from Diversity Inc. This reflects the company's ongoing efforts to create an inclusive workplace for individuals with disabilities, part of its broader 'Dare Forward 2030' strategy.

Jeep® brand has introduced two new exterior color options, Earl and limited-production Reign, for the 2023 Wrangler model year. Earl, inspired by the Gladiator Farout concept, features a unique gray shade with hints of aquamarine, while Reign revives the purple palette for a limited time. Both colors are open for dealer orders on various Wrangler models, including Sport, Sahara, Rubicon, and 4xe. Earl is priced at $395, while Reign is available at $495 until October 2023.

MotorTrend Presents Roadkill Nights Powered by Dodge is back on August 13, 2022, featuring a revamped Dodge Direct Connection Grudge Match. Competitors, including past champion Alex Taylor, will build drag cars using Dodge Direct Connection parts. The event will include street drag racing, car shows, and Dodge thrill rides in Pontiac, Michigan. The Grudge Match aims to showcase the abilities of both returning and new automotive personalities, elevating the excitement for car enthusiasts.