Welcome to our dedicated page for Stellantis news (Ticker: STLA), a resource for investors and traders seeking the latest updates and insights on Stellantis 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. reported net revenues of €32.6 billion for Q3 2021, showcasing a resilient performance despite ongoing semiconductor shortages. The company confirmed its full-year guidance, highlighting successful product launches and commercial actions that helped mitigate supply chain challenges. Stellantis continues to adapt to market demands, reinforcing its commitment to delivering shareholder value and maintaining operational momentum.
Stellantis's Dodge brand is gearing up for the Dodge//SRT Nationals in Las Vegas from Oct. 29-31, showcasing their competitive edge in the NHRA season. Three Dodge Charger SRT Hellcat Funny Cars are among the top contenders, with Ron Capps leading the points, closely followed by teammate Matt Hagan. The event, pivotal for championship standings, marks the fifth national competition sponsored by Dodge and Mopar during NHRA's 70th anniversary. Leah Pruett will also compete in the Factory Stock Showdown, aiming for dual victories this weekend.
Dodge has unveiled two new appearance packages for its 2022 Charger and Challenger models: the HEMI® Orange and SRT Black. The HEMI Orange package pays homage to the iconic HEMI engine with unique color accents, available for GT RWD and Scat Pack Widebody models at MSRP of $2,995 and $1,500, respectively. The SRT Black package offers a sleek blacked-out look for SRT models for an MSRP of $695. Both packages can be ordered through dealerships starting Q4 2021.
Alfa Romeo is launching its first global advertising campaign, "Near Life Experience," at the U.S. Grand Prix in Austin, Texas, on October 24, 2021. The campaign will debut on the brand's social media channels on October 22, 2021. Global chief marketing officer, Olivier Francois, emphasized the campaign's tribute to Alfa Romeo's rich racing history since 1910.
The campaign aims to reaffirm Alfa Romeo's values and emotional driving experience, while CEO Jean-Philippe Imparato stated this marks a step toward becoming a premium global brand.
Stellantis and Samsung SDI have entered into a memorandum of understanding to establish a joint venture for lithium-ion battery production in North America, aiming to enhance Stellantis’ electric vehicle capabilities.
The new battery plant is expected to start operations in 2025, with an initial capacity of 23 gigawatt hours, expandable to 40 gigawatt hours. This strategic alliance supports Stellantis’ goal of achieving 40% electrified vehicle sales in the U.S. by 2030, backed by a €30 billion investment in electrification and software development.
Stellantis, in collaboration with the National Business League, has launched the National Black Supplier Development Program, aimed at fostering economic opportunities for Black businesses. The pilot program will run until Q1 2022, involving 13 diverse Black-owned businesses. The initiative seeks to develop over 2.9 million Black businesses for future procurement opportunities, addressing the impact of the COVID-19 pandemic which led to a significant closure rate among Black-owned companies. This program highlights Stellantis's commitment to racial equity in the marketplace.
The 2021 Ram 1500 TRX has been awarded the prestigious titles of Texas Truck of the Year and High-Performance Truck of the Year by the Texas Motor Press Association. The Jeep Gladiator also earned accolades as Off-road Truck of the Year, while the all-new Jeep Grand Cherokee L was named Full-size SUV of the Year. Additionally, the Jeep Wrangler 392 received the High-performance SUV of the Year award. These recognitions highlight Stellantis's commitment to quality in the truck and SUV segments, enhancing brand reputation and potentially impacting future sales positively.
The Jeep Wrangler 4xe has excelled at the 6th Rebelle Rally, becoming the first electrified vehicle to win. It secured the top three overall positions and claimed the Bone Stock and Electrified titles. Team 4xEventure, with Nena Barlow and Teralin Petereit, achieved the overall win, marking Barlow's third podium finish. The competition saw the Wrangler 4xe deliver impressive performance, achieving 49 MPGe and 21 miles of electric range. Jeep's success in this rally underscores its commitment to innovation and electric mobility, aligning with its goal of zero-emission freedom.
Stellantis and LG Energy Solution have agreed to form a joint venture to produce lithium-ion batteries in North America, targeting an annual production capacity of 40 gigawatt hours. The new facility is set to support Stellantis' goal of achieving over 40% of U.S. sales from electrified vehicles by 2030, with operations starting in the first quarter of 2024. The partnership, rooted in previous collaborations, aims to enhance battery supply for Stellantis' electric vehicle lineup across the U.S., Canada, and Mexico.
Stellantis will showcase an array of vehicles at the Miami International Auto Show from October 16-24. Highlights include the 2021 Jeep Grand Cherokee L, 2021 Jeep Wrangler 4xe, and the 2022 Jeep Compass. The 2022 Wagoneer and Grand Wagoneer will also be highlighted as premium SUVs. Unique experiences such as Camp Jeep, featuring a 25,000-square-foot outdoor exhibit, will provide attendees with thrilling off-road experiences.