Stellantis N.V - STLA STOCK NEWS

Stellantis (STLA) announces the launch of the 2024 Dodge Durango SRT 392 AlcHEMI, the first of a series of 'Last Call' models commemorating the final year of V-8 HEMI engine production for Dodge Durango. The production of all V-8 HEMI-powered Dodge Durango models will conclude at the end of 2024. The special-edition vehicle will be limited to 1,000 units with unique content and features, with a starting MSRP of $3,595.

Stellantis N.V. (STLA) introduces the industry-first virtual cockpit platform as part of its Stellantis Virtual Engineering Workbench (VEW), accelerating development cycles up to 100 times and enabling faster delivery of infotainment tech to customers. The platform uses QNX Hypervisor in the cloud from BlackBerry and is available on early access release via AWS Marketplace. Stellantis can now create realistic virtual versions of car controls and systems, making them behave like in a real car, reducing the time to achieve this from months to 24 hours. The platform includes QNX Hypervisor Amazon Machine Images and industry-standard hardware interfaces for mixed-criticality and multi-OS embedded application development. The virtual cockpit is a key building block for Stellantis to deliver clean, safe, and affordable mobility, as outlined in the Dare Forward 2030 strategic plan. Stellantis selected AWS as its preferred cloud provider for vehicle platforms, and the companies began work on Stellantis’ purpose-built, in-house VEW. The virtual cockpit technology allows Stellantis to accelerate customer feedback sessions and replicate the cockpit experience of a particular brand and vehicle in real time to optimize the driver's experience. The early access release of QNX Hypervisor in the cloud is available now, and general availability will be announced later in 2024.

FCA US LLC (Stellantis) reports 2023 U.S. sales, with a 1% decrease in Q4 2023 and a 1% decrease for the full 2023 calendar year. Total PHEV U.S. sales increased 124% year over year and 118% versus the same quarter last year. The company holds the highest PHEV market share in the industry, owning 47%. Stellantis will launch eight fully battery-electric vehicles (BEV) in the U.S. by the end of 2024.

Stellantis (STLA) successfully executed its first employee share purchase plan, with 4.4 million shares subscribed, equivalent to a total investment of €65 million. Named 'Shares to Win', the plan was launched for over 85,000 employees in France and Italy, offering a 20% discount on the share price and a matching contribution of 100% of the personal amount invested up to €1,000. The company plans to extend the program to 242,000 eligible employees in the main countries where Stellantis operates starting in the first half of 2024.

Chrysler Pacifica (NYSE: PAC) Achieves Top Safety Pick Rating in 2023 IIHS Testing

Stellantis (NYSE: STLA) is recognized for its dedication to diversity and inclusion, with its business resource group Latins in Connection (LinC) being named one of the Top Employee Resource Groups of the Year for 2023 by LATINA Style magazine. The company was also named one of the Top 50 Best Companies for Latinas to Work for in the U.S., marking the 20th time the company has ranked in the Top 50 since 1998. This recognition showcases Stellantis' commitment to empowering employees and fostering a vibrant culture.

6K Inc. (SIXK) Recognized as Top-Performing Innovation Partner in Stellantis' 2023 Venture Awards

Stellantis N.V. (STLA) celebrates 11 top-performing startups and innovation partners with the 2023 Venture Awards, recognizing six startup partners and five startups with investment from the Stellantis Ventures capital fund. This initiative is part of the Dare Forward 2030 ambition to embrace customer-centric solutions for clean, safe, and affordable mobility.

Battery Workforce Challenge Program (BWCP) is leading the way in advancing the electric vehicle (EV) sector through public-private partnerships, government support, and skills development. Ticker symbol: BWCP.