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.
On April 1, 2022, Stellantis N.V. announced binding agreements with BNP Paribas Personal Finance, Crédit Agricole Consumer Finance, and Santander Consumer Finance. This initiative aims to enhance its European financial services platform and is part of Stellantis' 'Dare Forward 2030' strategic plan. Key objectives include establishing a multi-brand operational leasing company with a target fleet of around 1 million vehicles by 2026 and reorganizing financing activities through joint ventures. The transactions are expected to complete in the first half of 2023, pending regulatory approvals.
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Stellantis teases the upcoming Easter Jeep Safari 2022, highlighting the balance between sticking to proven designs and enhancing the legendary Jeep® 4x4 capabilities. The press release generates excitement among enthusiasts, suggesting further innovations in off-road development. With a nod to the brand's storied heritage, it implies that significant announcements related to electrification and enhanced performance are on the horizon. This campaign aims to engage the Jeep community and reaffirm the brand's commitment to performance and adventure.
Stellantis is showcasing a new Jeep® concept that emphasizes open-air freedom and advanced custom features from Jeep Performance Parts and Mopar. This innovative design is equipped with the renowned 4x4 capability and a class-exclusive, off-road 4xe plug-in hybrid system, demonstrating its potential on challenging terrains. The concept aims to elevate the Jeep experience, appealing to adventure enthusiasts and off-road fans alike.
Alfa Romeo has launched the limited-edition Giulia Estrema and Stelvio Estrema models, marking the brand's first globally available limited series. These models enhance the premium Veloce trim with high-performance features from the Quadrifoglio series, including a turbocharged 2.0-liter engine producing 280 horsepower. Standard equipment includes advanced safety features and luxurious touches like carbon fiber accents. Pricing starts at $55,090 for the Giulia Estrema RWD. Orders open now with availability in Q3 2022.
Stellantis unveiled its 3.0-liter Hurricane twin-turbo inline six-cylinder engine, designed to improve fuel efficiency and reduce emissions while delivering V-8 level power. The engine offers two variants: Standard Output (over 400 hp) optimized for fuel economy, and High Output (over 500 hp) focused on performance. It aims to cut carbon emissions by 50% by 2030, supporting Stellantis' Dare Forward 2030 plan for sustainable mobility. Vehicles equipped with the Hurricane engine will debut this year, featuring advanced technologies like high-pressure direct injection and low-inertia turbochargers.
Stellantis announces a new off-roader during the Easter Jeep Safari, blending military heritage with 4xe electric vehicle technology. The Jeep design team focuses on creating a vehicle that honors the brand's past, demonstrating a commitment to innovation.
The release emphasizes the Jeep brand's identity and connection to its heritage while moving towards electric solutions, reflecting current automotive trends.
Stellantis and LG Energy Solution are establishing the first large-scale electric-vehicle battery manufacturing facility in Canada, with an investment exceeding $5 billion CAD ($4.1 billion USD). This facility, located in Windsor, Ontario, is set to begin construction later in 2022 and aims for operational status by early 2024, with an annual production capacity exceeding 45 GWh and the creation of approximately 2,500 jobs. This joint venture supports Stellantis' goal of achieving 50% battery-electric vehicle sales in North America by 2030.
Stellantis and LG Energy Solution have announced a joint venture to invest over $5 billion CAD ($4.1 billion USD) in a lithium-ion battery manufacturing facility in Windsor, Ontario, Canada. This plant will be the first large-scale domestic battery production site in Canada, aiming for an annual capacity exceeding 45 gigawatt hours. Operational by early 2024, it is expected to create approximately 2,500 jobs. The initiative is part of Stellantis' electrification strategy, targeting 50% of sales from battery electric vehicles by 2030, supported by government collaboration across various levels.
On March 23, 2022, the Jeep brand launched a new marketing campaign titled "Made for What You're Made Of," promoting the latest Grand Cherokee models. The campaign features a 30-second video showcasing adventurous activities, filmed in Colorado and Utah, and highlights the brand's commitment to exploration. Senior executives emphasized the Grand Cherokee's capability to enhance outdoor experiences and cater to various lifestyles. The campaign is in partnership with Chicago-based Highdive agency and aims to resonate with nature lovers and adventure seekers.