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Stellantis N.V. - STLA STOCK NEWS

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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.

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Ram Truck, a division of Stellantis, has unveiled the fifth and final phase of its Built to Serve edition for the Ram 1500 pickup, celebrating the U.S. armed forces. This release includes 500 models in Spitfire and 750 in Bright White, available for order this month with production starting in Q2 2021. Each edition features unique military-themed interior accents, exclusive paint options, and additional performance features. These trucks are designed to honor military service members while providing enhanced durability and style for consumers.

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Stellantis announced the release of two special editions of the Jeep brand: the 2021 Jeep Wrangler Islander and the Jeep Renegade Islander. The Wrangler Islander returns after an 11-year hiatus, featuring beach-themed accents and 4x4 capability, with prices starting at $33,370. The Renegade Islander is newly introduced, offering similar aesthetic elements and starting at $27,430. Both models come with the Jeep Wave customer service program, providing maintenance and support benefits.

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Dodge has launched its official storefront on Amazon, enhancing the shopping experience for automotive enthusiasts. This dedicated site offers a variety of authentic licensed gear and merchandise, including apparel and collectibles from the Dodge//SRT lifestyle.

Tim Kuniskis, CEO, emphasized that the new platform allows fans to easily access a range of products. The 2021 model lineup features Hellcat-powered cars like the 807-horsepower Challenger SRT Super Stock, highlighting Dodge's commitment to performance. Additionally, Dodge was recognized as the top brand in initial quality by J.D. Power in 2020.

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The all-new 2021 Jeep Grand Cherokee L, starting at a U.S. MSRP of $36,995, marks Jeep's entry into the three-row full-size SUV segment. This model features cutting-edge technologies, three advanced 4x4 systems, and over 110 safety features. Variants include Laredo, Limited, Overland, Summit, and Summit Reserve, with prices reaching up to $65,290. The Grand Cherokee L offers a spacious interior, premium comfort, and modern tech, including Uconnect 5 and an available 950-watt McIntosh audio system. Production begins at the Detroit Assembly Complex in Q2 2021.

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Stellantis has launched a new Jeep Wrangler Dual-Door Group that enhances the open-air experience for Jeep enthusiasts. This new factory option includes both full and half doors and is available for two- and four-door models of the Wrangler. The half doors improve visibility while driving off-road. Pricing for the Dual-Door Group starts at $2,350 for two-door and $3,995 for four-door models with base parts. These additions expand the extensive catalog of over 500 quality-tested parts offered by Mopar. The product is covered under a three-year/36,000-mile warranty.

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Stellantis announced the launch of the 2021 Jeep Wrangler Rubicon 392, featuring a powerful 6.4-liter V-8 engine generating 470 horsepower and 470 lb.-ft. of torque. The MSRP starts at $73,500 (excluding $1,495 destination). This launch edition includes advanced off-road capabilities like a 2-inch factory lift, heavy-duty axles, and a functional hood scoop. The model is designed for both on-road and off-road performance, achieving 0-60 in just 4.5 seconds. Availability is expected in the first quarter of 2021.

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The 2021 Ram 1500 Crew Cab is recognized as a 2021 Top Safety Pick by the Insurance Institute for Highway Safety (IIHS), being the first pickup to achieve this accolade for both 2020 and 2021. It earned top ratings in all six crashworthiness tests and features advanced safety technologies, including Automatic Emergency Braking and Pedestrian Detection. These enhancements bolster consumer confidence and reflect Stellantis’s commitment to safety. With impressive towing capabilities and fuel efficiency, the Ram 1500 remains a strong contender in the pickup market.

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Stellantis, the automaker behind brands like Ram, Jeep, Chrysler, and Alfa Romeo, has secured seven spots on Car and Driver's 2021 Editors' Choice list. The highlight is the debut of the 702-hp Ram 1500 TRX, recognized as the world's most powerful mass-produced truck. Additionally, the Ram 1500, Ram 2500/3500, Jeep Gladiator, and Chrysler Pacifica maintain their Editor's Choice status, while Alfa Romeo's Stelvio Quadrifoglio and Giulia Quadrifoglio have made the list for the fourth straight year. This commendation showcases Stellantis' commitment to performance, safety, and value.

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The Alfa Romeo Racing ORLEN Formula One team unveiled its new car, the C41, in a ceremony in Warsaw, Poland, on February 22, 2021. Team drivers Kimi Räikkönen and Antonio Giovinazzi introduced the car, which features a refreshed red and white color scheme. The C41 builds on its predecessor, the C39, with a focus on the nosecone and utilizes a new Ferrari engine. The team aims to improve its previous season's performance, targeting a better finish than P8. The collaboration with Sauber Motorsport continues, enhancing both racing and road car production.

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FAQ

What is the current stock price of Stellantis N.V. (STLA)?

The current stock price of Stellantis N.V. (STLA) is $13.69 as of November 4, 2024.

What is the market cap of Stellantis N.V. (STLA)?

The market cap of Stellantis N.V. (STLA) is approximately 39.5B.

What is Stellantis N.V.?

Stellantis N.V. is a global automotive manufacturing corporation formed by the merger of Fiat Chrysler Automobiles and PSA Group, making it the fifth-largest automaker in the world.

What are some of the brands under Stellantis?

Stellantis owns 14 brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, and Vauxhall.

When was Stellantis formed?

Stellantis was officially formed on January 16, 2021.

What are Stellantis' recent achievements?

Recent achievements include the launch of the Dodge Complete Performance Package and the debut of the 2025 Ram 1500 RHO, among others.

What is Stellantis' approach to sustainability?

Stellantis aims to become the greatest sustainable mobility tech company, not just the biggest. It focuses on creating value for stakeholders and communities, and developing innovative, environmentally-friendly vehicles like the Fiat 500e.

How did Stellantis perform financially in 2023?

In 2023, Stellantis reported a sales volume of 6.2 million vehicles and EUR 189.5 billion in revenue, despite challenges such as the microchip shortage.

What notable events does Stellantis organize?

One notable event is Jeep Beach, which saw over 40,000 Jeep 4x4s in attendance and raised significant funds for local charities.

What is the Dodge Complete Performance Package?

The Dodge Complete Performance Package offers extensive vehicle protection and includes a day of high-performance driving instruction at Radford Racing School.

What is the significance of the Fiat 500e?

The Fiat 500e is Stellantis' all-electric version of its iconic Fiat 500 model, showcasing the company's commitment to sustainable mobility.

What is the Jeep Wagoneer S?

The Jeep Wagoneer S, part of Stellantis' EV lineup, is a fully electric SUV that showcases the flexibility of the STLA Large platform and exemplifies high performance and rugged capability.

Stellantis N.V.

NYSE:STLA

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39.47B
2.96B
24.59%
47.15%
0.84%
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