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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.
The 2022 Jeep Compass, unveiled at the Chicago Auto Show, features enhanced connectivity and advanced technologies, making it the most sophisticated model yet. It boasts two Jeep 4x4 systems, a modern interior with a 10.1-inch Uconnect 5 display, and over 75 safety features including semi-autonomous driving capabilities. The new Latitude LUX trim offers premium amenities and safety features. With improved off-road capabilities and a fuel-efficient 2.4-liter engine, the Compass is poised to deliver a refined driving experience. It will be available in North American dealerships starting fall 2021.
Stellantis, the parent company of Dodge and Mopar, is returning as title sponsor for the Dodge//SRT Mile-High Nationals at Bandimere Speedway in Denver, taking place July 16-18, 2021. This marks the 41st edition of the event, highlighting a partnership that began in 1989. Notable drivers like reigning Funny Car World Champion Matt Hagan will compete, aiming for victory at this iconic race. The event features interactive exhibits for fans and showcases Dodge's commitment to performance cars, including the latest SRT models.
The Jeep brand has launched its new marketing campaign, “Wildly Civilized”, to promote the 2021 Jeep Grand Cherokee L, showcasing its combination of luxury and ruggedness. The campaign will run across broadcast, social, and digital platforms, including dedicated TV spots during major sports events.
Notable features of the new Grand Cherokee L include seven-passenger seating, advanced safety technologies, and a legacy of over 7 million sales. This SUV aims to redefine the full-size segment with enhanced 4x4 capability and premium craftsmanship.
Jeep Performance Parts (JPP) has launched a Gorilla Glass replacement windshield for the latest Jeep Wrangler (JL) and Gladiator (JT) models. Utilizing chemical-strengthening technology from cell phone screens, this lightweight windshield promises enhanced durability with resistance to chips and cracks. It comes with a two-year unlimited-mile warranty. Notably, the product features Jeep branding and is priced between $645 and $932 depending on specifications. The replacement windshields are now available across the U.S. and Canada through dealers and installers.
Stellantis has introduced the new 2022 Ram 1500 BackCountry Edition, enhancing the Big Horn and Lone Star models with factory-installed off-road capabilities. Key features include off-road calibrated shocks, all-terrain tires, and skid plates. The BackCountry will be showcased at the Chicago Auto Show and is set to launch in the third quarter of 2021. It offers a starting MSRP of $40,085 plus destination charges. Stellantis aims to meet the growing demand for rugged, versatile trucks, reinforcing its leadership in the off-road segment.
The Jeep brand has unveiled the first images of the all-new 2022 Jeep Grand Cherokee 4xe plug-in hybrid during Stellantis EV Day 2021. This fifth-generation model, which has garnered over 7 million global sales and numerous industry accolades, signifies Jeep's commitment to electrification and its vision of "Zero Emission, 100% Freedom." The Grand Cherokee lineup will be fully revealed at the 2021 New York International Auto Show. Jeep continues to offer a diverse lineup of vehicles, enhancing its brand presence as it celebrates 80 years of innovation.
Stellantis N.V. (NYSE: STLA) has announced a robust electrification strategy, committing over €30 billion through 2025 to enhance electrification and software development. The goal is to achieve more than 70% of sales in Europe and 40% in the U.S. as low-emission vehicles (LEV) by 2030. Stellantis aims for an EV battery sourcing strategy of over 260 GWh by 2030, supported by five gigafactories. The company targets sustainable double-digit adjusted operating income margins by 2026, focusing on efficiency, affordability, and a diverse range of battery technologies.
The 2022 Ram 1500 Laramie G/T and Rebel G/T models expand Ram's light-duty lineup, reinforcing its position as North America's performance truck leader. Key features include a cold-end exhaust, cold-air intake, performance pages, and paddle shifters. Priced at $55,480 for the Laramie G/T and $55,375 for the Rebel G/T (plus destination fees), these models will be available in Q3 2021. They also offer advanced technology such as real-time performance data tracking. The Ram brand continues to set benchmarks in torque, towing, and luxury within the truck market.
FCA US LLC reported a 32% increase in total sales for Q2 2021, driven by significant consumer demand across its brands. Retail sales rose 27%, with notable performances from Jeep, Ram, Dodge, Chrysler, and Alfa Romeo. The Jeep Wrangler achieved its best quarter ever in retail sales, while Ram total sales rose 47% year-over-year. Dodge also saw a 42% increase in total sales. The company continues to address supply chain challenges to maintain robust sales growth.
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