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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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Mopar has launched over 85 quality-tested accessories for the redesigned 2021 Chrysler Pacifica, enhancing customization options for America’s most capable minivan. Accessories include carriers, cargo bins, and a pet kennel, allowing for both interior and exterior personalization. The Pacifica remains the first and only plug-in hybrid minivan, promising more than 80 MPGe in electric-only mode. With a history of over 15 million minivans sold since 1983, Stellantis continues to lead the minivan market.

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Ram Truck announced the launch of its new 2021 Ram 1500 Tradesman HFE EcoDiesel, achieving an impressive 33 mpg highway fuel efficiency. This model also offers 23 mpg city and 26 mpg combined. The HFE designation highlights its focus on fuel efficiency, catering to consumer demand. Equipped with a 3.0-liter EcoDiesel V-6 engine, it delivers 480 lb-ft of torque and boasts towing capability up to 12,560 pounds. Priced from $42,240 MSRP, it is available in various configurations starting in Q2 2021.

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Stellantis has launched a new digital video titled "The Road Ahead" to celebrate Jeep's 80th anniversary. This video connects to the 2021 Super Bowl campaign, showcasing the brand's rich history and future direction.

The video underscores Jeep's commitment to becoming the greenest SUV brand, with plans for electrified options across all models in the coming years. Jeep is also introducing advanced technologies like hands-free driving assist on the new Grand Cherokee. Available merchandise inspired by these campaigns can be found on Jeep's official website.

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The Jeep brand, in collaboration with Bruce Springsteen, launched a two-minute film titled The Middle during the Big Game on February 7, 2021. This campaign celebrates the brand's 80-year anniversary while reiterating a message of unity and common ground for Americans. Filmed across various locations in the U.S., including Lebanon, Kansas, the film aims to resonate with cultural relevance and emotional connections. The Jeep brand continues to engage audiences through aspirational messaging, marking a decade since its significant Imported from Detroit campaign.

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Stellantis announced the commencement of production for the 2021 Dodge Durango SRT Hellcat at the Jefferson North Assembly Plant in Detroit. This model, touted as the most powerful SUV to date, features a supercharged 6.2-liter HEMI V8 engine, delivering 710 horsepower and 645 lb-ft of torque. The Durango SRT Hellcat can accelerate from 0 to 60 mph in 3.5 seconds, with a quarter-mile time of 11.5 seconds and a top speed of 180 mph. Approximately 2,000 units will be produced for the U.S. market, with a starting MSRP of $80,995, and units are expected to reach dealerships in spring 2021.

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The Jeep® brand will air a commercial during the Big Game on February 7, 2021. This advertising spot from Stellantis will feature prominently in the second half of the game, showcasing the brand’s latest offerings and strengthening its market presence. The decision to participate in such a high-profile event underscores Jeep's commitment to engaging with consumers through innovative marketing strategies. Fans and viewers can expect a dynamic presentation that aligns with Jeep's adventurous spirit.

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The 2021 Ram 1500 TRX has been awarded the title of FOUR WHEELER "2021 Pickup Truck of the Year" in its debut year. Judges tested the truck over 1,000 miles of varied terrain, evaluating its off-road capabilities and performance. The Ram 1500 TRX, featuring a 702-horsepower supercharged 6.2-liter HEMI V-8 engine, achieves 0-60 mph in 4.5 seconds and is recognized as the quickest and most powerful mass-produced half-ton truck globally. The award highlights Ram's commitment to extreme performance and its leadership in the off-road segment.

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The 2021 Dodge Durango SRT Hellcat, known as the most powerful SUV ever, boasts 710 horsepower and 645 lb.-ft. of torque from its supercharged 6.2-liter HEMI V-8 engine. Officially sold out, only 2,000 units will be produced for this model year, priced starting at $80,995. It offers impressive performance with a 0-60 mph time of 3.5 seconds and best-in-class towing capacity of 8,700 lbs. Additionally, new buyers receive a day of professional driving instruction. The vehicle's aggressive redesign incorporates advanced technology and luxurious features, enhancing its appeal in the competitive SUV market.

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Stellantis NV [STLA] was launched on January 19, 2021, as a new leader in sustainable mobility. With a workforce of 400,000, the company is poised to leverage its scale and economies of scale, targeting over €5 billion in annual synergies. Stellantis offers 39 electrified vehicles by 2021, supported by a strong balance sheet and governance structure. The company aims for carbon neutrality across its operations, emphasizing innovation and community engagement. Full-year 2020 results will be reported on March 3, 2021.

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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 $13.05 as of November 22, 2024.

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

The market cap of Stellantis N.V. (STLA) is approximately 37.3B.

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.

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37.28B
2.25B
24.68%
46.48%
0.7%
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