Welcome to our dedicated page for Stellantis N.V news (Ticker: STLA), a resource for investors and traders seeking the latest updates and insights on Stellantis N.V stock.
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 N.V. (NYSE: STLA) has announced a robust electrification strategy, committing over €30 billion through 2025 to enhance electrification and software development. The goal is to achieve more than 70% of sales in Europe and 40% in the U.S. as low-emission vehicles (LEV) by 2030. Stellantis aims for an EV battery sourcing strategy of over 260 GWh by 2030, supported by five gigafactories. The company targets sustainable double-digit adjusted operating income margins by 2026, focusing on efficiency, affordability, and a diverse range of battery technologies.
The 2022 Ram 1500 Laramie G/T and Rebel G/T models expand Ram's light-duty lineup, reinforcing its position as North America's performance truck leader. Key features include a cold-end exhaust, cold-air intake, performance pages, and paddle shifters. Priced at $55,480 for the Laramie G/T and $55,375 for the Rebel G/T (plus destination fees), these models will be available in Q3 2021. They also offer advanced technology such as real-time performance data tracking. The Ram brand continues to set benchmarks in torque, towing, and luxury within the truck market.
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FCA US LLC reported a 32% increase in total sales for Q2 2021, driven by significant consumer demand across its brands. Retail sales rose 27%, with notable performances from Jeep, Ram, Dodge, Chrysler, and Alfa Romeo. The Jeep Wrangler achieved its best quarter ever in retail sales, while Ram total sales rose 47% year-over-year. Dodge also saw a 42% increase in total sales. The company continues to address supply chain challenges to maintain robust sales growth.
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Stellantis has announced the launch of the Jeep Wrangler Xtreme Recon Package, enhancing the vehicle's off-road capabilities. The package features 35-inch BF Goodrich KO2 all-terrain tires and starts production at the Toledo Assembly Plant in August. The Xtreme Recon includes a 100:1 crawl ratio available later this year, boosting off-road control. Key specifications include approach angle of 47.4 degrees and ground clearance of 12.9 inches. This move marks Jeep's effort to sustain its legacy as a leading 4x4 brand while fulfilling customer demand for enhanced vehicle features.
Stellantis announced the launch of the all-new 2021 Jeep Grand Cherokee L, now featuring three rows of seats, which began shipping to dealers nationwide on June 21, 2021. Manufactured at the Detroit Assembly Complex - Mack plant, this model is positioned to enhance Jeep's offerings in the full-size SUV market. The launch is supported by a $1.6 billion investment aimed at creating 3,850 new jobs, with 2,100 filled by Detroit residents. The Grand Cherokee L boasts advanced 4x4 capabilities, improved safety features, and next-gen technologies, highlighting Stellantis's commitment to innovation and local employment.
On June 17, 2021, Stellantis announced a partnership with DSR Performance to distribute officially licensed engine parts for the Dodge Challenger Mopar Drag Pak. This initiative enhances the existing collaboration dating back to 2003, providing a comprehensive catalog of over 20 specialty parts for grassroots and professional drag racers. The Drag Pak, known for its high-performance capabilities, recently showcased a 7-second quarter-mile run at the NHRA Gatornationals. DSR Performance will also offer on-site support at NHRA events, further integrating their offerings into the racing community.
Stellantis has partnered with the National Business League to establish a National Black Supplier Development Program aimed at enhancing opportunities for Black businesses. This initiative seeks to develop over 2.9 million Black suppliers for future contracting and procurement opportunities, emphasizing racial equity in the marketplace. A virtual training portal will facilitate qualification and training, providing resources for entrepreneurship. This program comes in light of the challenges faced by Black businesses during the COVID-19 pandemic, with up to 40% closing permanently in 2020.
Dodge has announced a promotional partnership with Universal Pictures for the upcoming film "F9," launching a multi-tier marketing campaign, including the "Superpower" spot. This campaign, starting June 11, features Dodge vehicles prominently across various media platforms and in an Atlantic Records music video. "F9" is the ninth installment of the franchise, which has grossed over $5 billion globally. Dodge vehicles like the Charger SRT Hellcat are highlighted in the film, reinforcing the brand's legacy within the franchise.