Stellantis N.V Stock Price, News & Analysis

The Jeep Wrangler 4xe has been recognized as one of Wards' 10 Best Engines and Propulsion Systems in its inaugural eligibility year. This plug-in hybrid vehicle, combining a 2.0-liter I-4 engine and two electric motors, offers a range of 21 miles on electric power and achieves 49 MPGe. Notably, it became the top-selling PHEV in the U.S. during Q2 2021. Stellantis is investing over $35 billion in electrification and software across its 14 brands, emphasizing its commitment to advanced, eco-friendly technology.

The Mopar Express Lane Nationals, presented by Pennzoil, are set for Sept. 12-14 at Maple Grove Raceway, marking the kickoff of the NHRA playoff series. This event is the first of seven in the 'Countdown to the Championship'. Notably, Don Schumacher Racing's Leah Pruett competes as the No. 4 seed, while reigning Funny Car champ Matt Hagan will miss the event due to COVID-19 recovery. Tommy Johnson Jr. will drive in his place. Ron Capps, the top seed, aims to leverage a recent runner-up finish to boost his championship prospects.

Stellantis has announced that Christine Feuell will join as CEO of the Chrysler brand starting September 13. Previously the chief commercial officer at Honeywell, Feuell brings a wealth of experience in the automotive and technology sectors, holding significant roles at Ford and Johnson Controls. CEO Carlos Tavares expressed confidence that Feuell will significantly impact the Chrysler brand's direction and potential. Stellantis, listed under the ticker STLA, aims to deliver affordable and reliable mobility solutions while enhancing shareholder value.

On September 1, 2021, Stellantis N.V. (STLA) announced its definitive agreement to acquire F1 Holdings Corp., the parent company of First Investors Financial Services Group, for approximately $285 million. This acquisition aims to establish a captive finance company in the U.S., where Stellantis currently does not have one. CEO Carlos Tavares emphasized the strategic importance of this move for providing comprehensive financing options and enhancing customer loyalty. The transaction is expected to close by the end of 2021, pending regulatory approvals.

Stellantis announced the introduction of the Uconnect 5 system for the 2022 Ram lineup, enhancing user experience with features like wireless Apple CarPlay and Android Auto, customizable home screens, and improved telematics for fleet owners. This advanced system aims to cater to truck and fleet operators by offering faster speeds, enhanced performance, and seamless over-the-air updates. With up to five user profiles, advanced voice recognition, and improved navigation capabilities, Uconnect 5 is designed to keep drivers engaged and informed while ensuring safety on the road.

Stellantis announced significant achievements in the J.D. Power 2021 Initial Quality Study (IQS), with its Ram brand securing the top spot among 32 competitors, marking the first time a truck-exclusive brand has achieved this. The Dodge brand ranked second, maintaining its elite status, while Jeep rose to eighth place. Notable models include the Ram 2500/3500 as the top large heavy-duty pickup and the Ram 1500 as a runner-up in the light-duty category. Stellantis demonstrated impressive quality improvements, with half of its eligible vehicles ranking among the top three in their segments.

Dodge is set to host the 67th Dodge//SRT NHRA U.S. Nationals from September 1-5 in Indianapolis, marking the largest drag-racing event globally. This year, Dodge//SRT expands its sponsorship with a multiyear deal, reinforcing its commitment to motorsports. Key competitors include 2016 champion Matt Hagan, current points leader, and Leah Pruett, aiming for victory after a runner-up finish last year. The event also celebrates the 20th anniversary of the Dodge HEMI® Challenge, highlighting Dodge's rich racing heritage.