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.
Jeep Performance Parts (JPP) has launched a Gorilla Glass replacement windshield for the latest Jeep Wrangler (JL) and Gladiator (JT) models. Utilizing chemical-strengthening technology from cell phone screens, this lightweight windshield promises enhanced durability with resistance to chips and cracks. It comes with a two-year unlimited-mile warranty. Notably, the product features Jeep branding and is priced between $645 and $932 depending on specifications. The replacement windshields are now available across the U.S. and Canada through dealers and installers.
Stellantis has introduced the new 2022 Ram 1500 BackCountry Edition, enhancing the Big Horn and Lone Star models with factory-installed off-road capabilities. Key features include off-road calibrated shocks, all-terrain tires, and skid plates. The BackCountry will be showcased at the Chicago Auto Show and is set to launch in the third quarter of 2021. It offers a starting MSRP of $40,085 plus destination charges. Stellantis aims to meet the growing demand for rugged, versatile trucks, reinforcing its leadership in the off-road segment.
The Jeep brand has unveiled the first images of the all-new 2022 Jeep Grand Cherokee 4xe plug-in hybrid during Stellantis EV Day 2021. This fifth-generation model, which has garnered over 7 million global sales and numerous industry accolades, signifies Jeep's commitment to electrification and its vision of "Zero Emission, 100% Freedom." The Grand Cherokee lineup will be fully revealed at the 2021 New York International Auto Show. Jeep continues to offer a diverse lineup of vehicles, enhancing its brand presence as it celebrates 80 years of innovation.
Stellantis N.V. (NYSE: STLA) has announced a robust electrification strategy, committing over €30 billion through 2025 to enhance electrification and software development. The goal is to achieve more than 70% of sales in Europe and 40% in the U.S. as low-emission vehicles (LEV) by 2030. Stellantis aims for an EV battery sourcing strategy of over 260 GWh by 2030, supported by five gigafactories. The company targets sustainable double-digit adjusted operating income margins by 2026, focusing on efficiency, affordability, and a diverse range of battery technologies.
Stellantis plans to invest over €30 billion in electrification and software development through 2025, aiming for sustainable double-digit Adjusted Operating Income margins by 2026. The company targets over 70% of sales in Europe and over 40% in the U.S. to be low-emission vehicles (LEV) by 2030. Stellantis will support this strategy with a global EV battery sourcing plan of over 260GWh, and aims to lower battery pack costs by 40% by 2024. The electrification roadmap includes advanced BEV platforms and a commitment to customer affordability.
Stellantis (NYSE: STLA) will host its "EV Day 2021" today at 2:30 p.m. CEST, where CEO Carlos Tavares will outline the company’s electrification strategy. Key presentation points include significant investments in electrification technology, maintaining efficiency through synergies, and a range of competitive electrified products. Stellantis anticipates strong margin performance in H1 2021, despite semiconductor shortages, with adjusted operating income margins expected to exceed 5.5% to 7.5%. However, negative industrial free cash flows are projected due to reduced production volumes.
The 2022 Ram 1500 Laramie G/T and Rebel G/T models expand Ram's light-duty lineup, reinforcing its position as North America's performance truck leader. Key features include a cold-end exhaust, cold-air intake, performance pages, and paddle shifters. Priced at $55,480 for the Laramie G/T and $55,375 for the Rebel G/T (plus destination fees), these models will be available in Q3 2021. They also offer advanced technology such as real-time performance data tracking. The Ram brand continues to set benchmarks in torque, towing, and luxury within the truck market.
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FCA US LLC reported a 32% increase in total sales for Q2 2021, driven by significant consumer demand across its brands. Retail sales rose 27%, with notable performances from Jeep, Ram, Dodge, Chrysler, and Alfa Romeo. The Jeep Wrangler achieved its best quarter ever in retail sales, while Ram total sales rose 47% year-over-year. Dodge also saw a 42% increase in total sales. The company continues to address supply chain challenges to maintain robust sales growth.
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