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.
The 2023 Ram ProMaster was unveiled at the Work Truck Week trade show in Indianapolis, showcasing its focus on durability, efficiency, and advanced technology. Key features include new LED headlights, an optional rear roll-up door, and Parallel/Perpendicular Park Assist for enhanced safety. The vehicle now offers three roof heights and best-in-class cargo volume. Ram Telematics enhances connectivity for fleet owners, and a battery-electric version is set to release, with Amazon as the first customer. The new ProMaster promises significant enhancements for commercial customers, focusing on user feedback and operational efficiency.
Dodge//SRT and Mopar racers are gearing up for the NHRA Gatornationals in Gainesville, Florida, from March 10-13, 2022. Drivers Matt Hagan and Leah Pruett aim for their first wins with their new team, competing aboard Dodge Power Brokers machines. Hagan, a three-time NHRA Funny Car World Champion, hopes to conquer Gainesville, a track he has yet to master. Meanwhile, Pruett seeks redemption in the Top Fuel All-Star Callout amid challenging weather conditions. The event showcases the Dodge brand's commitment to motorsports and performance.
Stellantis has announced a donation of €1 million to aid Ukrainian refugees and civilians impacted by the ongoing crisis. The funds will be utilized through a local NGO, ensuring support reaches those in need. Stellantis CEO Carlos Tavares spoke against the violence, emphasizing the importance of prioritizing the health and safety of their 71 employees in Ukraine, who are currently safe. A dedicated support team has been established to monitor their well-being.
On March 2, 2022, Ram unveiled the Ram Revolution, an exclusive insider program aimed at transforming the pickup truck market. The announcement coincided with Stellantis' long-term strategic plan, which previews the new Ram 1500 battery-electric vehicle (BEV) set to launch in 2024. Ram aims to electrify most of its segments by 2025 and achieve a full electrified portfolio by 2030. Notably, the Ram brand has achieved high rankings in quality and customer satisfaction, indicating strong market performance.
Stellantis announced the agenda for its 2022 Annual General Meeting (AGM), scheduled for April 13, 2022. The company has published explanatory notes and materials for shareholders, which are accessible on its corporate website. Shareholders can also request hard copies of the audited financial statements for the fiscal year ending December 31, 2021, at no charge. Stellantis aims to be a leading sustainable mobility tech company while focusing on creating value for all stakeholders.
On March 1, 2022, during Stellantis' Dare Forward 2030 presentation, CEO Carlos Tavares unveiled the first-ever fully electric Jeep SUV. Set for launch in early 2023, this model marks a significant step in Jeep's commitment to electrification, aiming for Zero Emission Freedom. The company plans to offer electrified variants across its entire SUV lineup by 2025, aligning with global sustainability initiatives. Further details about the new battery-electric vehicle will be provided in the coming months.
Stellantis N.V. announced its strategic plan, Dare Forward 2030, aiming for carbon net-zero emissions by 2038 with a 50% reduction by 2030. The company targets 100% battery-electric vehicle (BEV) sales in Europe and 50% in the U.S. by the decade's end, planning to sell 5 million BEVs annually. Key initiatives include launching more than 75 BEVs and targeting double-digit adjusted operating income margins while doubling net revenues to €300 billion by 2030. Stellantis emphasizes diversity and aims for a 25-30% dividend payout ratio through 2025.
Stellantis N.V. launched its strategic plan, Dare Forward 2030, aiming for significant advancements in sustainability and electrification. The plan targets carbon net zero by 2038 with a 50% reduction by 2030. Stellantis intends to achieve 100% battery electric vehicle (BEV) sales in Europe and 50% in the U.S. by the decade's end, with global BEV sales projected at five million vehicles. The company plans a 25% to 30% dividend payout ratio through 2025 and aims to double its net revenues to €300 billion by 2030, ensuring attractive returns for shareholders.
Stellantis N.V. will unveil its long-term strategic plan on March 1, 2022, at 2 p.m. CET. CEO Carlos Tavares aims to illustrate the company’s vision for leading global mobility. The event will be accessible via their corporate website, where presentation materials will be available. Stellantis is recognized as a major automaker, focusing on sustainable mobility and innovation across its diverse brands, including Jeep, Chrysler, and Peugeot.
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