Stellantis N.V Stock Price, News & Analysis

Stellantis and Jeep are the presenting sponsors of the 2022 Motor City Pride Parade on June 11 and 12 in Detroit, the largest LGBTQ+ gathering in Michigan. Celebrating its 50th year, Motor City Pride demonstrates Stellantis' commitment to LGBTQ+ employees and communities. The Jeep brand will showcase several vehicles during the parade. The company will also sponsor New York City Pride later this month and offer pride-themed merchandise across its North American brands. Stellantis is recognized for its diversity initiatives, including the Prism LGBTQ+ Alliance, which supports LGBTQ+ employees and events.

Stellantis announces the release of the 2022 Ram 1500 TRX Sandblast Edition, enhancing its light-duty lineup with unique performance aspects and customization options. This special edition features a 6.2-liter supercharged HEMI V-8 engine, a unique Mojave Sand color, and additional interior upgrades, providing a blend of capability and technology. With a starting MSRP of $98,285, the model will be available this summer, targeting performance truck buyers looking for exclusivity and style.

The Jeep brand has launched a global marketing campaign in collaboration with Universal Pictures for the upcoming film Jurassic World Dominion, premiering June 10, 2022. The campaign includes a 60-second commercial featuring the Jeep Wrangler 4xe and the all-new Grand Cherokee 4xe. Jeep Wave members can attend exclusive drive-in events on June 8 and 9 in select U.S. cities. This promotion follows a longstanding partnership with Universal, aimed at enhancing the Jeep brand's visibility as it expands its electrified vehicle lineup.

On May 31, 2022, Stellantis announced that its Jeep® Grand Cherokee L has been named one of the Best 7-Passenger SUVs for 2022 by Forbes Wheels. The recognition underscores the vehicle's legendary 4x4 capability, spacious interior, and advanced safety features. The Grand Cherokee L is part of a lineup that includes both two- and three-row models, now featuring a 4xe plug-in hybrid option. Attributes highlighted include exceptional passenger comfort, impressive cargo volume, and modern technological integrations.

The Dodge brand has introduced the HEMI® Orange appearance for the 2022 Durango R/T, expanding its successful offering first seen in the Challenger and Charger. Featuring a 5.7-liter HEMI V-8 engine, the Durango R/T HEMI Orange showcases design elements like orange and Gunmetal hood stripes, unique badging, and black 20-inch wheels. Available for $1,995, it also offers HEMI Orange Plus and Tow N Go packages, enhancing features and performance. Orders can be placed through dealers, with additional details expected on Dodge.com this summer.

Palantir Technologies Inc. (NYSE: PLTR) announced a strategic partnership with Stellantis N.V. (Euronext Paris: STLA) to deploy its Foundry operating system globally. This collaboration aims to enhance Stellantis' digital transformation, improving supply chain efficiency, vehicle quality, and marketing efforts across its 14 brands. Palantir Foundry will integrate data across Stellantis' operations, create a unified digital twin, and improve insights into parts availability. The agreement signifies the expansion of Palantir's role in Stellantis' ecosystem, focusing on sustainable mobility.

Stellantis and Samsung SDI have finalized agreements for a joint venture to establish an electric-vehicle battery manufacturing facility in Kokomo, Indiana. The plant, expected to launch in 2025, will initially produce 23 GWh of batteries annually, with potential expansion to 33 GWh as demand increases. The project entails over $2.5 billion in investments, creating approximately 1,400 jobs. This initiative supports Stellantis' electrification goals under its Dare Forward 2030 plan, aiming for 5 million battery-electric vehicle sales by 2030, alongside a total battery capacity increase of 140 GWh.

The Chrysler brand has launched a new multimedia marketing campaign titled "Van Life" for the Chrysler Pacifica and Pacifica Hybrid. This campaign humorously contrasts the influencer lifestyle of #VanLife with the practical needs of real-life parents. Featuring three 30-second spots, the campaign showcases the Pacifica's family-friendly features, including premium interiors and advanced tech. The initiative aims to highlight the Pacifica's versatility, appealing to families seeking modern, functional vehicles. These spots are viewable on Chrysler's social media platforms and YouTube channel.