Stellantis N.V Stock Price, News & Analysis

The Jeep® brand is returning to the Rebelle Rally for the ninth year, showcasing the 2024 Gladiator Mojave driven by veteran competitors Nena Barlow and Teralin Petereit. This marks the fourth consecutive year for the team partnering with Jeep and their first time competing in a Gladiator midsize pickup. The rally, taking place from October 10-19, 2024, covers 1,500 miles across Nevada and California deserts.

The Gladiator Mojave, the only Jeep vehicle with the Desert Rated badge, features enhanced capabilities for high-speed desert and sand terrains. It includes a reinforced frame, strengthened steering knuckles, and an improved suspension with FOX hydraulic jounce bumpers. The 2024 model adds standard side-curtain airbags and a 12.3-inch Uconnect touchscreen.

The Rebelle Rally, in its ninth year, is the longest competitive off-road rally for women in the United States, focusing on precision driving and navigation without GPS or cell phones.

Stellantis recognized 68 global and regional suppliers for their exceptional performance in 2023, with 21 suppliers receiving the prestigious 'Supplier of the Year' award. The fourth annual event, held on September 24 at the Lingotto Conference Center in Turin, Italy, was attended by over 200 global Stellantis suppliers and partners.

The awards covered various categories including Quality, Program Management, Innovation, Indirect Services, Corporate Social Responsibility, Carbon Footprint, Capex, Raw Materials, Supply Chain, Aftermarket, Powertrain, Body & Interior, Electrical, and Chassis & Adaptation. Regional awards were also presented for North America, South America, Enlarged Europe, Middle East & Africa, India & Asia Pacific, and China.

Maxime Picat, Stellantis Chief Purchasing and Supply Chain Officer, emphasized the important role of suppliers in overcoming challenges and achieving milestones. The event also highlighted Stellantis' software strategy and plans for its 14 iconic brands.

Exro Technologies Inc. has announced Stellantis N.V. as its automotive OEM partner for a passenger vehicle innovation program. The announcement follows 14 months of collaboration integrating Exro's Coil Driver® technology into Stellantis' next-generation electric powertrains. Exro has also been named a finalist for Best Supplier in the Innovation Category at the Stellantis Supplier Awards 2024.

The partnership has progressed through multiple technical, performance, and cost study milestones. Exro's technology aims to enhance system efficiency and power while potentially reducing costs and accelerating EV adoption. Stellantis recognized Exro for its innovative motor control technology, which improved electrified motor design, enhanced performance, and reduced costs in passenger car EVs.

Chrysler is reintroducing the Voyager minivan to its retail lineup for 2025, offering a budget-friendly option with a starting MSRP of $39,995. The Voyager LX comes well-equipped with standard features including a 10.1-inch Uconnect 5 touchscreen, 7-inch digital cluster, and Stow 'n Go seating. It's powered by a 3.6-liter Pentastar V-6 engine paired with a nine-speed automatic transmission.

The 2025 Chrysler minivan lineup now ranges from the entry-level Voyager to the premium Pacifica Pinnacle, including plug-in hybrid options. The Voyager's return reinforces Chrysler's commitment to the minivan segment it created over 40 years ago. Orders for the 2025 Voyager are now open, with vehicles expected to arrive at dealerships in the fourth quarter.

Stellantis (NYSE: STLA) has announced its participation in the 90th Paris Motor Show 2024, showcasing five world premieres and innovative tech features. The event, running from October 14-20, 2024, will spotlight Citroën, Peugeot, Alfa Romeo, and Chinese brand Leapmotor. Highlights include:

- Peugeot's all-new E-408 world premiere and its 100% electric range
- Citroën's three world premieres in Europe's key segment
- Alfa Romeo's new Junior VELOCE 280CV and 2025 Tonale preview
- Leapmotor's debut with four electric vehicles, including the all-new B10 SUV

Stellantis CEO Carlos Tavares will deliver a keynote at the Paris Automotive Summit on October 15. The company's presence aligns with its Dare Forward 2030 strategic plan, aiming for 100% BEV sales in Europe and 50% in the US by 2030, while targeting carbon net zero by 2038.

Stellantis N.V. (STLA) has provided an update on its Third Tranche of the 2024 Share Buyback Program. From September 13 to 19, 2024, the company repurchased 4,952,040 common shares at an average price of €13.6182 per share, totaling €67,437,719. Since the program's inception on August 1, 2024, Stellantis has bought back 52,446,405 shares for a total of €746,440,865. As of September 19, 2024, the company held 133,946,579 common shares in treasury, representing 3.44% of its total issued share capital. The buyback program, announced on August 1, 2024, aims to repurchase up to €1 billion worth of shares in the open market by November 29, 2024.

Stellantis (NYSE: STLA) has announced its participation in the 2024 Bank of America European Autos and Future Car Virtual Conference. Natalie Knight, Stellantis Chief Financial Officer, will engage in a fireside chat on Monday, September 23 at 4 p.m. CEST / 10 a.m. EDT.

The live session will be accessible via webcast, with details available on the Stellantis corporate website's Investors section. A recorded replay will be provided for those unable to attend the live event.

Stellantis, a leading global automaker, is known for its portfolio of iconic brands including Jeep, Chrysler, and Peugeot. The company is committed to its Dare Forward 2030 strategic plan, aiming to become a carbon net zero mobility tech company by 2038.

Jeep® has announced a price repositioning for its 2025 Gladiator midsize pickup truck, with the base model now starting at $39,995. This includes a new standard eight-speed automatic transmission and destination charges. All Gladiator models have seen MSRP revisions for 2025, along with new standard equipment such as power locks and windows.

The Gladiator, the only open-air pickup truck in the industry, offers best-in-class V-6 towing and payload. It features a range of trims including Sport, Sport S, Willys, Rubicon, and Mojave. The 2025 model boasts an unsurpassed 4x4 max towing capacity of 7,700 pounds and a best-in-class payload of up to 1,725 lbs. New standard features also include side-curtain airbags, adaptive cruise control, and a Uconnect 5 system with a 12.3-inch touchscreen.

Stellantis (NYSE: STLA) held its 9th annual Factory Booster Day on September 18, 2024, at the Mirafiori Complex in Turin, Italy. The event showcased 93 innovations from over 60 partners, aimed at enhancing manufacturing efficiency and sustainability. Key achievements since 2021 include:

• 11% reduction in transformation costs
• 23% decrease in energy consumption
• 40% reduction in quality issues

Notable innovations implemented from previous events include:
• Autodesk Construction Cloud for digital twin simulations
• AI-enabled robot guidance for improved quality and reduced lead time
• Autonomous wheels from wheel.me for efficient material movement

These advancements support Stellantis' Dare Forward 2030 strategic plan, which aims for carbon net zero by 2038, 40% reduction in production costs by 2030, and industry-leading product quality.