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Stellantis N.V. - $STLA STOCK NEWS

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Stellantis N.V. (NYSE: STLA) is a multinational automotive manufacturing corporation formed on January 16, 2021, through a merger between Fiat Chrysler Automobiles and PSA Group. It stands as the world's fifth-largest automaker, known for its diverse and iconic portfolio of 14 brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, and mobility brands Free2Move and Leasys.

The company’s mission is to lead the world in sustainable mobility technology, focused on creating value for stakeholders and communities. Stellantis has a strong market presence in Europe, North America, and South America, with 44% of its 2023 sales volume in Europe, 29% in North America, and 15% in South America. Despite challenges like the microchip shortage, the company reported a sales volume of 6.2 million vehicles and EUR 189.5 billion in revenue in 2023.

Stellantis is constantly innovating and expanding its product lineup. Recent highlights include the launch of the Dodge Complete Performance Package, which enhances vehicle protection and includes high-performance driving instruction at Radford Racing School. Additionally, the 2025 Ram 1500 RHO, a powerhouse off-road truck, exemplifies the brand's relentless pursuit of performance and engineering excellence.

In the electric vehicle (EV) sector, Stellantis is making strides with the Fiat 500e, an all-electric version of its legendary 500 model, and the Jeep Wagoneer S, showcasing the flexibility of the STLA Large platform. These innovations underscore Stellantis' commitment to sustainable and high-performance mobility solutions.

The company is also engaging customers through unique marketing initiatives and community events. The Jeep Beach event, for instance, attracted over 40,000 Jeep 4x4s, raising significant funds for local charities. Similarly, Alfa Romeo's limited edition Quadrifoglio Super Sport models highlight the brand’s dedication to performance and exclusivity.

Stellantis continues to leverage its rich heritage and innovative spirit to push the boundaries of the automotive industry, ensuring it remains at the forefront of technological advancements and market trends.

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The final 2023 Chrysler 300C model, powered by a 485-horsepower 6.4L HEMI engine, rolled off the production line at the Brampton Assembly Plant, marking the end of an era for the iconic American luxury car. The limited-production 300C, with only 2,000 units offered in the U.S. and 200 in Canada, pays homage to the nearly 70-year legacy of the Chrysler 300. The 300C reaches 60 mph in 4.3 seconds, covers the quarter-mile in 12.4 seconds, and has a top speed of 160 mph. The 300C features red four-piston Brembo brakes, a 3.09 limited slip differential, active damping suspension, and a muscular, throaty sound from the active exhaust system. The Chrysler brand is moving towards a sustainable all-electric future as part of the Stellantis Dare Forward 2030 strategic plan.
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Stellantis N.V. (STLA) completes the Third Tranche of the Share Buyback Program, repurchasing 28,180,299 common shares for €499,999,796. The company now holds 142.090.297 common shares in treasury, equal to 4.49% of the total issued share capital. The details of the transactions are available on Stellantis' corporate website.
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Stellantis and Ample have established a partnership to integrate Ample’s Modular Battery Swapping solution in Stellantis electric vehicles. The technology aims to deliver a fully charged battery in less than five minutes, addressing customer infrastructure challenges such as charging time, range anxiety, and battery wear. The initial program is planned to start in Europe in 2024 in Free2move’s car sharing fleet of Fiat 500e’s. Stellantis is focused on achieving its electrification goals, with plans to reach a 100% passenger car battery electric vehicle (BEV) sales mix in Europe and 50% in the United States by 2030.
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Tony Stewart Racing (TSR) announced that Top Fuel driver Leah Pruett will temporarily step away from 2024 NHRA competition in her Dodge//SRT Direct Connection dragster to focus on starting a family with husband Tony Stewart. Stewart, a 13-time motorsports series champion and NASCAR Hall of Famer, will take over the driving chores in the TSR Dodge//SRT Direct Connection Top Fueler after finishing second in the 2023 NHRA national Top Alcohol Dragster division in his rookie campaign in NHRA competition. Pruett drove the TSR Dodge//SRT Direct Connection dragster to third in the 2023 NHRA Top Fuel points with victories at Norwalk, Ohio, and Dallas, Texas. Stewart's 2024 NHRA Top Fuel effort will be led by crew chief Neal Strausbaugh and car chief Mike Domagala in the 21-event national campaign. Stewart will team with reigning NHRA Funny Car World Champion Matt Hagan in the 21-race 2024 NHRA Mission Foods Pro Drag Racing Series in the two-car TSR Dodge//SRT Direct Connection nitro operation.
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Stellantis (STLA) to Participate in Goldman Sachs 15th Annual Industrials & Autos Week
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Symbio (SYMBIO) inaugurates its first gigafactory SymphonHy, Europe's largest integrated site producing hydrogen fuel cells, with an annual output of 50,000 fuel cell systems. SymphonHy is part of HyMotive, a strategic €1 billion project to develop disruptive technology, supported by the European Union and the French government. The site will create 1,000 jobs over its lifetime.
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Stellantis (NYSE: STLA) offers free shipping on orders over $99 from Dec. 1-31, 2023, providing holiday gift ideas for auto enthusiasts. Mopar, the global name for Stellantis genuine parts and authentic accessories, presents a wide selection of apparel and merchandise for the holiday season, including an ugly holiday sweater, hoodies, sweatshirts, lounge pants, ornaments, mugs, and more. Mopar has been serving customers for over 85 years, offering exceptional service, parts, and customer care. For more information, visit www.mopar.com.
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Stellantis North America (STLA) has named William Peffer as responsible for Jeep brand North America and Jim Morrison as responsible for the newly formed Jeep Performance Parts business. The region is preparing for its electric offensive in 2024. Peffer brings deep brand experience, having served as CEO of Maserati North America, while Morrison's unbridled passion for Jeep and its capability on and off-road will help to elevate and accelerate the aftermarket business. Stellantis is a leading automaker and mobility provider known for iconic brands such as Jeep, Chrysler, Dodge, Ram, Alfa Romeo, and Fiat.
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Alfa Romeo (TALO) wins the 2024 Green SUV of the Year title by Green Car Journal for its all-new Tonale C-SUV, featuring standard plug-in hybrid technology, a 15.5-kWh lithium-ion battery with a 90-kW electric motor, and a 1.3-liter turbocharged engine. The vehicle offers an electric range of 33 miles and a total driving range of 360 miles. Pricing starts at $43,845, with a $7,500 federal EV tax credit available for lessees.
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Fiat to Auction Three Special Fiat 500e Electric Cars During Art Basel Miami Beach 2023, Proceeds to Benefit Environmentally-Focused Nonprofit (NYSE: STLA)
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FAQ

What is Stellantis N.V.?

Stellantis N.V. is a global automotive manufacturing corporation formed by the merger of Fiat Chrysler Automobiles and PSA Group, making it the fifth-largest automaker in the world.

What are some of the brands under Stellantis?

Stellantis owns 14 brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, and Vauxhall.

When was Stellantis formed?

Stellantis was officially formed on January 16, 2021.

What are Stellantis' recent achievements?

Recent achievements include the launch of the Dodge Complete Performance Package and the debut of the 2025 Ram 1500 RHO, among others.

What is Stellantis' approach to sustainability?

Stellantis aims to become the greatest sustainable mobility tech company, not just the biggest. It focuses on creating value for stakeholders and communities, and developing innovative, environmentally-friendly vehicles like the Fiat 500e.

How did Stellantis perform financially in 2023?

In 2023, Stellantis reported a sales volume of 6.2 million vehicles and EUR 189.5 billion in revenue, despite challenges such as the microchip shortage.

What notable events does Stellantis organize?

One notable event is Jeep Beach, which saw over 40,000 Jeep 4x4s in attendance and raised significant funds for local charities.

What is the Dodge Complete Performance Package?

The Dodge Complete Performance Package offers extensive vehicle protection and includes a day of high-performance driving instruction at Radford Racing School.

What is the significance of the Fiat 500e?

The Fiat 500e is Stellantis' all-electric version of its iconic Fiat 500 model, showcasing the company's commitment to sustainable mobility.

What is the Jeep Wagoneer S?

The Jeep Wagoneer S, part of Stellantis' EV lineup, is a fully electric SUV that showcases the flexibility of the STLA Large platform and exemplifies high performance and rugged capability.

Stellantis N.V.

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