Stellantis N.V Stock Price, News & Analysis

Tony Stewart Racing (TSR) is celebrating the 50th anniversary of Dodge Direct Connection, a legendary performance parts brand, at the 70th annual NHRA U.S. Nationals from Aug. 28 to Sept. 2 in Indianapolis. TSR's Top Fuel and Funny Car entries will display special red, white, and blue liveries to mark the occasion.

Tony Stewart, making his professional debut at the U.S. Nationals, will drive the TSR Direct Connection Dodge//SRT Top Fuel dragster. Matt Hagan, a four-time NHRA world champion, will pilot the TSR Direct Connection Dodge//SRT Hellcat Funny Car. Both drivers aim to secure victories in their newly designed vehicles.

The Direct Connection brand, established in 1974 and reintroduced in 2022, offers a variety of performance products available at DCPerformance.com. The brand has been instrumental in taking racers to victory at drag strips for decades, including Hagan's 2023 NHRA World Funny Car championship.

Stellantis N.V. (STLA) has reported on its Third Tranche of the 2024 Share Buyback Program for the week of August 16-22, 2024. The company repurchased 4,344,607 common shares at an average price of €14.7074 per share, totaling €63,897,709. Since the program's inception on August 1, 2024, Stellantis has bought back 16,663,795 shares for a total of €239,975,477. As of August 22, 2024, the company held 98,163,969 treasury shares, representing 2.52% of its total issued share capital. This buyback is part of a larger €1 billion program scheduled to run until November 29, 2024.

Ram introduces Lunar-themed special-edition versions of the Ram Power Wagon and Rebel Heavy Duty, set to hit dealerships in October 2024. These new models feature a unique Ceramic Grey exterior with Lunar vinyl body graphics, black accents, and premium LED lighting. The interiors boast Surf Blue stitching on black leather and Twill Film accents. The Power Wagon Lunar, priced from $75,205, comes with a 6.4L HEMI V-8 engine, while the Rebel HD Lunar, starting at $85,490, features a 6.7-liter Cummins turbo diesel. Both models offer enhanced off-road capabilities, superior towing capacity, and advanced technology, including a wireless charging pad.

Dodge is celebrating the 20th anniversary of HEMI®-powered Dodge Durango with two -edition models: the 2025 Dodge Durango SRT Hellcat Silver Bullet and Dodge Durango R/T 20th Anniversary. The Silver Bullet, priced at $113,325, features a Triple Nickel exterior, Satin Black hood, and Ebony Red Nappa leather seats. The R/T 20th Anniversary model, available in Plus ($66,970) and Premium ($70,470) trims, includes a HEMI hood graphic, '345' fender badging, and Brass Monkey wheels.

Both models offer enhanced performance features and premium interiors. The Durango SRT Hellcat Silver Bullet boasts a supercharged 6.2-liter HEMI Hellcat V-8 engine, while the R/T model celebrates two decades of the 5.7L HEMI V-8 in the Durango. Dodge's interactive Horsepower Locator tool will help customers find these special-edition models at nearby dealerships.

Stellantis N.V. has reported on the third tranche of its 2024 Share Buyback Program, covering up to €1 billion to be executed between August 1 and November 29, 2024. From August 9 to August 15, 2024, the company repurchased 5,231,279 common shares at an average price of €14.0414 per share, totaling €73,454,230. Since the program's inception on August 1, Stellantis has bought back 12,319,188 shares for €176,077,768. As of August 15, the company held 93,819,362 common shares in treasury, representing 2.41% of its total issued share capital.

Dodge, part of Stellantis (NYSE: STLA), is continuing its Brotherhood of Muscle month with a Dodge Direct Connection fan display at the annual Woodward Cruise event in metro Detroit on August 17, 2024. The display will feature the all-new 2024 Dodge Charger Daytona, the world's quickest and most powerful muscle car, which recently debuted at the Roadkill Nights event. Other highlights include:

- The Dodge Hornet R/T with 288 horsepower and PowerShot feature
- Direct Connection performance parts, including the new HurriCrate engine
- Located at St. George Greek Orthodox Church from 10 a.m. to 6 p.m.

This event showcases Dodge's commitment to high-performance vehicles and its transition to electrified muscle cars, including the upcoming all-electric Charger Daytona Scat Pack.

The Jeep® brand has announced pricing for its 2025 Compass lineup, offering two 4x4 capable models below $30,000. The lineup includes Sport, Latitude, , and Trailhawk models, with a starting U.S. MSRP of $27,495. The 2025 Compass comes standard with a 2.0-liter turbocharged engine and advanced safety features like Drowsy Driver Detection and Pedestrian Automatic Emergency Braking. It also offers next-generation technologies such as a 10.25-inch digital cluster and 10.1-inch infotainment touchscreen. The Compass Latitude adds standard heated seats, heated steering wheel, and remote start. All Jeep vehicles are automatically enrolled in the Jeep Wave premium owner loyalty program, offering benefits like worry-free maintenance at no additional cost.

The ninth annual MotorTrend Presents Roadkill Nights Powered by Dodge event at M1 Concourse in Pontiac, Michigan, drew over 40,000 attendees on August 10, 2024. The festival featured drag racing, Dodge Drift Rides, and the debut of the 2024 Dodge Charger Daytona. Highlights included:

- Morgan Evans won the Dodge Direct Connection Grudge Race
- Jimmer Kline and Mikael Borggren won Big Tire and Small Tire classes, respectively
- First-ever drag strip inside M1 Concourse
- Over 4,900 participants in Dodge Drift Rides and Hornet Rally Rides
- Combined attendance of 50,000+ for the two-day event including Sick Powerfest pre-party

The event showcased Dodge's commitment to performance and electrification, featuring the new Charger Daytona and its Fratzonic Chambered Exhaust system.

Dodge has unveiled the Fratzonic Chambered Exhaust system for its all-new, all-electric 2024 Dodge Charger Daytona. This patent-pending system delivers a signature rumble and tactile sound wave output, challenging preconceptions of electric vehicles. It features dual high-efficiency transducers and passive radiators in a custom enclosure, powered by a 600-watt amplifier. The system reacts to driver inputs and vehicle dynamics, creating a unique exhaust personality. Intensity varies with performance modes, from silent Stealth to louder Drag, Drift, and Track modes. Dodge also announced a new 20-part video series showcasing the Charger Daytona's features. Production of two-door models begins in summer 2024, with four-door and gas-powered versions following in 2025.