Stellantis N.V. reports developments across a global automotive business built around brands such as Jeep, Chrysler, Dodge, Ram, FIAT, Peugeot, Citroën, Opel, Alfa Romeo and Maserati. Recurring news covers operating and financial results, regional vehicle demand, industrial execution, liquidity, and capital actions alongside updates from its brand portfolio.
Company announcements also track vehicle launches and refreshes, including Chrysler Pacifica minivans and Jeep Wrangler, Gladiator and Rubicon models; Mopar service, parts and customer-care products; design and performance programs; shareholder voting matters; and brand partnerships tied to customer engagement and mobility services.
Stellantis and Dongfeng have entered into a heads of agreement allowing Dongfeng to sell up to 99.2 million common shares, representing 3.16% of Stellantis' capital. Stellantis can accept offers to purchase these shares based on the average closing prices from the five trading days prior. Should Dongfeng opt for an accelerated book build, Stellantis has the opportunity to be a cornerstone investor. All transactions will comply with the authority granted at the April 13, 2022 general meeting.
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Jeep® brand has introduced two new exterior color options, Earl and limited-production Reign, for the 2023 Wrangler model year. Earl, inspired by the Gladiator Farout concept, features a unique gray shade with hints of aquamarine, while Reign revives the purple palette for a limited time. Both colors are open for dealer orders on various Wrangler models, including Sport, Sahara, Rubicon, and 4xe. Earl is priced at $395, while Reign is available at $495 until October 2023.
MotorTrend Presents Roadkill Nights Powered by Dodge is back on August 13, 2022, featuring a revamped Dodge Direct Connection Grudge Match. Competitors, including past champion Alex Taylor, will build drag cars using Dodge Direct Connection parts. The event will include street drag racing, car shows, and Dodge thrill rides in Pontiac, Michigan. The Grudge Match aims to showcase the abilities of both returning and new automotive personalities, elevating the excitement for car enthusiasts.
Stellantis awarded seven technology startups with its inaugural Startup Awards, showcasing successful partnerships aimed at enhancing sustainable mobility. This initiative is part of Stellantis' Dare Forward 2030 strategy, focusing on customer-centered solutions for clean and affordable mobility. Notable projects include the Emergency Vehicle Alert System and an augmented reality head-up display. Stellantis continues to engage deeply with the startup ecosystem, having signed over 40 contracts and launched Stellantis Ventures with a €300 million fund for innovation in automotive technology.
The Dodge Power Brokers and Direct Connection will feature prominently at the 42nd Dodge Power Brokers Mile-High Nationals from July 15-17 at Bandimere Speedway, Denver. This longstanding sponsorship, active since 1989, highlights Dodge's commitment to motorsports. Defending champion Matt Hagan aims to secure another win in the Charger SRT Hellcat, while Leah Pruett targets a repeat performance in her dragster. The event marks the midpoint of the NHRA season, with Dodge supporting two major events this year, including the U.S. Nationals in Indianapolis.
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Stellantis N.V. has announced that it will release its First Half 2022 Results on July 28, 2022. A live webcast and conference call will take place at 12:30 p.m. CEST / 6:30 a.m. EDT. Investors can access the related press release and presentation materials on the Stellantis corporate website starting at 8:00 a.m. CEST / 2:00 a.m. EDT. A recorded replay will also be made available.
The latest sales report from FCA US LLC reveals a 16% decline in total U.S. sales and a 24% drop in retail sales for Q2 2022. Despite these overall declines, the Chrysler brand saw a remarkable 95% increase in sales, with notable growth from the Pacifica and Wrangler 4xe. Jeep models fared well, with the Compass up 54% and the Grand Cherokee increasing by 12%. Total commercial shipments also rose 13% year-over-year. In contrast, the Ram brand experienced a 28% drop in pickup sales.
The Jeep brand has announced special limited-edition Freedom packages for the 2023 Gladiator and Wrangler models to honor U.S. military members. Each purchase will contribute $250 to military charities. The editions feature military-themed designs including the Oscar Mike badge and an American flag decal, alongside enhancements like a winch-capable steel front bumper. Orders open this month, with vehicles delivered by Veterans Day. Active and recently retired service members are eligible for a $500 military bonus cash offer on these models, which are priced at $3,295.