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 showcased the Jeep Grand Cherokee High Altitude 4xe at the 2022 New York International Auto Show on April 13. This model features a new Hydro Blue Pearl Coat and a High Altitude Package available for Summit 4xe and Summit Reserve 4xe trims. The package, priced at $1,495 for Summit and $995 for Summit Reserve, includes premium black accents and 21-inch wheels. The Grand Cherokee 4xe offers 25 miles of all-electric range and 56 MPGe. Orders for the new color and package will begin in the second half of 2022.
On April 13, 2022, at the New York International Auto Show, Wagoneer unveiled its new long-wheelbase models: the 2023 Wagoneer L and Grand Wagoneer L. These models feature a 12-inch length and a 7-inch wheelbase increase, providing best-in-class passenger and cargo volume. The introduction of the Hurricane twin-turbo engine family, offering reduced emissions and high performance, accompanies the launch. The models are designed for efficiency, comfort, and advanced technology, including extensive screen displays and premium entertainment systems.
Stellantis announced plans to consolidate its auto financial services in China into a wholly owned Auto Finance Company (AFC). The company will sell its stake in the Dongfeng Peugeot Citroen Auto Finance Company (DPCAFC) to Dongfeng Group, pending regulatory approval. This restructuring aligns with Stellantis' 'Dare Forward 2030' initiative, aimed at implementing an 'asset light business model' in China. CEO Carlos Tavares stated this move supports the revival plan in the country and enhances customer experience. The transaction is expected to finalize in the second half of 2022.
Stellantis &You, Sales and Services has partnered with FIDCAR to enhance after-sales predictive marketing across Europe. This strategic agreement utilizes artificial intelligence for tailored customer offers based on vehicle maintenance needs. After a successful testing phase in Lille, this initiative aims to boost customer satisfaction and after-sales revenue, with deployment expected by the end of 2022. Stellantis emphasizes its commitment to digital transformation, hoping to increase conversion rates and customer loyalty through this innovative approach.
Chrysler is set to unveil a new design for its all-electric Airflow Concept at the 2022 New York International Auto Show on April 13, at 11:45 a.m. EDT. This event will be streamed live on Chrysler.com. Initially revealed at CES 2022, the Airflow Concept symbolizes Chrysler's commitment to an electric future, with plans to launch its first battery-electric vehicle by 2025 and a full electric vehicle lineup by 2028. The Chrysler brand has a rich history since 1925, known for its innovative designs and advanced technology.
The Ram Truck brand is set to enhance the excitement for the CMT Music Awards with the Ram Jam: Artists to Watch concert on April 10, 2022, at Cumberland Park, Nashville. The event will showcase performances by rising stars Parker McCollum, Elvie Shane, and Caitlyn Smith. Additionally, Ram Trucks will sponsor the CMT Red Carpet special on April 11, 2022, featuring the Ram 1500 Limited (RAM)RED Edition truck. The main awards show will air live on April 11, marking its debut on CBS and streaming on Paramount+
The Jeep brand and Jeep Performance Parts (JPP) by Mopar are set to unveil an impressive lineup of custom-built 4x4 and 4xe concept vehicles at the 56th annual Easter Jeep Safari in Moab, Utah, from April 9-17, 2022. Highlighting the event are five exclusive Jeep concepts, including the all-electric Jeep Wrangler Magneto 2.0, showcasing the brand's commitment to Zero Emission Freedom. This year's event emphasizes advanced powertrains and rugged off-roading capabilities, enhancing customer engagement and innovating off-road technology.
Stellantis N.V. has completed the sale of its remaining 25% stake in GEFCO S.A. to CMA CGM Group, a leader in transport and logistics. This divestment marks the final step in Stellantis's exit from the transportation and logistics sector, a process that began a decade ago. CEO Carlos Tavares emphasized that the company will now focus on its efficient global supply chain, leveraging diverse logistics partners, while GEFCO will continue to play a significant role.
Stellantis highlights the pet-friendly features of the 2022 Chrysler Pacifica in recognition of National Pet Day on April 11. These features include a standard rear-seat reminder, FamCAM interior camera, and Stow 'n Go seating, making it suitable for pets. The Pacifica has received over 165 industry accolades and boasts the most standard safety features, earning a TOP SAFETY PICK+ rating. Additionally, a Mopar pet kennel assists in safe pet transportation. The Pacifica continues to lead the minivan segment with innovative design and functionality, appealing to pet owners and families alike.
Stellantis released its inaugural Corporate Social Responsibility (CSR) report detailing strong performance in 2021. The report presents a comprehensive sustainability roadmap, aiming for carbon net zero emissions by 2038. It emphasizes creating value for stakeholders and addresses key focus areas, including climate change impact, human capital development, and ethical practices. CEO Carlos Tavares highlighted the importance of responsible business operations for long-term sustainability.