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.
Alfa Romeo has unveiled the 2023 Tonale, marking a significant evolution towards electrification and connectivity. This new C-SUV maintains Alfa's Italian design while introducing advanced features and two powertrain options: a plug-in hybrid (PHEV) with 272 horsepower and over 30 miles of electric range, and a turbocharged variant. The Tonale is equipped with state-of-the-art technology, including a unique NFT certificate for tracking vehicle usage. Orders open in Q4 2022, with sales starting in Q1 2023, offering consumers a blend of performance and innovation.
On February 8, 2022, Ram launched the Ram Revolution program, aimed at engaging consumers in its electric vehicle (EV) journey, specifically the upcoming Ram 1500 BEV set to debut in 2024. The initiative includes the new RamRevolution.com hub for customer feedback, a Ram Real Talk Tour for direct discussions with truck owners, and the promise to provide fully electrified solutions across its segments by 2025, achieving a complete portfolio by 2030. Ram aims to exceed competitors by delivering electric trucks that meet the real-world demands of customers.
The Jeep brand launched the 2022 Wrangler High Tide, featuring a striking High Velocity yellow exterior. This special-edition model celebrates Jeep Beach Week with a limited run of 500 units priced at a starting MSRP of $49,240. The Wrangler High Tide is equipped with 35-inch tires, beadlock-capable wheels, and a Gorilla Glass windshield, designed for beach adventures. The Jeep Beach event will take place in Daytona Beach, Florida, from April 24 to May 1, 2022, attracting a large number of Jeep enthusiasts.
Stellantis will announce its Full Year 2021 Results on February 23, 2022. A live webcast and conference call will be held at 2:00 p.m. CET / 8:00 a.m. EST on that date. The press release and related materials will be available on the company’s corporate website at approximately 8:00 a.m. CET / 2:00 a.m. EST.
Stellantis operates as one of the world’s leading automakers, focusing on sustainable mobility. For more details, visit www.stellantis.com.
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Archer Aviation Inc. (NYSE: ACHR) announced the appointment of Barbara Pilarski to its Board of Directors. Pilarski, currently the Global Head of Business Development at Stellantis N.V. (NYSE: STLA), brings over 35 years of experience in the automotive sector. She will also serve on Archer's Nominating & Corporate Governance Committee. Co-CEO Brett Adcock expressed confidence in Pilarski's ability to support Archer's strategy to establish industry-changing partnerships as part of its mission to revolutionize urban air mobility.
On January 31, 2022, Dodge announced the winners of its Operation 25//8, an eight-week giveaway where 25 dream cars were awarded. The program, part of Dodge's two-year transition plan, saw nearly half a billion registrations. Influencers from various sectors participated, engaging fans on social media. The winners included Lorenzo P. from Nashville and Blake J. from Olive Branch. The operation also coincided with Dodge's search for a Chief Donut Maker, a unique ambassador role with a salary of $150,000. This initiative is part of Dodge's broader Never Lift plan for performance improvement.
Stellantis N.V. has announced the early repayment of a €6.3 billion credit facility to Intesa Sanpaolo, originally intended to support Italy's automotive sector post-COVID-19. The credit facility, guaranteed by SACE, was crucial for the company's liquidity and the stability of its suppliers during the pandemic. This repayment, ahead of the March 2023 maturity date, highlights Stellantis's strong financial position and commitment to ongoing investment projects in Italy.
Stellantis reported a strong business performance in China for 2021, with Dongfeng Peugeot Citroën Automobile (DPCA) selling over 100,000 vehicles, marking a significant turnaround. The Jeep Wrangler achieved record annual sales, and the Jeep brand ranked No. 1 in vehicle quality and dependability, according to JD Power's study. Additionally, Stellantis made advancements in the independent aftermarket by integrating three distributors, forming one of the largest in China with a sales turnover of €176 million. Future strategies for the Chinese market will be unveiled on March 1, 2022.
Stellantis has announced plans to increase its stake in the GAC-Stellantis joint venture from 50% to 75%. This decision stems from a new regulatory framework in China allowing increased foreign investment in existing joint ventures since January 2022. The enhanced partnership aims to strengthen the Jeep brand's performance in the Chinese market and is part of Stellantis’ broader strategy, with more details expected on March 1, 2022. The plan is subject to approval from the Chinese government.