Welcome to our dedicated page for Stellantis N.V news (Ticker: STLA), a resource for investors and traders seeking the latest updates and insights on Stellantis N.V 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 (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.
Stellantis Pro One has inaugurated its global commercial vehicles hub at the Mirafiori Automotive Park 2030 in Turin, Italy. This hub brings together over 80 experts to integrate cross-brand functions and coordinate global competence centers. The move aims to increase efficiency and decision-making speed in Stellantis' commercial vehicles business, which accounts for one-third of the company's total Net revenue.
Key highlights include:
- Stellantis Pro One secured top positions in Europe 30, South America, and the Middle East & Africa in H1 2024
- Renewed entire van lineup with 12 new models featuring second-generation electrification and full connectivity
- Introduced 'Stellantis CustomFit' program for vehicle conversion and customization
- Expanded hydrogen fuel cell vehicle production capacity
The hub underscores Stellantis' commitment to strengthening its global leadership in commercial vehicles and achieving its Dare Forward 2030 strategic plan objectives.
Dodge has officially opened orders for the all-new 2024 Dodge Charger Daytona, marking a new era of American muscle cars. The company is offering an exclusive First Call package for customers who place a sold order by October 31, 2024. This package includes:
1. A two-day performance driving experience at Radford Racing School
2. A welcome kit
3. Exclusive VIP concierge service
The 2024 Charger Daytona comes in two models: R/T and Scat Pack. The Scat Pack retains the title of the world's quickest and most powerful muscle car, with 670 horsepower and 0-60 mph in 3.3 seconds. Both models include factory-installed Direct Connection upgrades and qualify for the full $7,500 federal tax credit when leased.
Jeep® has launched a new marketing campaign called 'There's Only One', celebrating its iconic SUVs. The multi-faceted campaign includes 30 and 60-second videos across broadcast, social, and digital channels. It highlights Jeep's entire SUV portfolio, including the Wrangler, Grand Cherokee, Wagoneer, Gladiator, and Compass.
The campaign revives the 'There's Only One' tagline from 30 years ago and showcases Jeep's off-road capabilities and cultural significance. It will initially focus on the U.S. market with potential for global expansion. Multicultural versions targeting Black and Hispanic markets are planned for select markets in the coming weeks.
Raj Register, Chief Marketing Officer of North America, Stellantis, emphasized the campaign's aim to showcase Jeep's legacy while steering towards new multi-energy platforms. The campaign was created in partnership with Chicago-based Highdive.
Stellantis N.V. (STLA) has reported its weekly share repurchase activity for September 6-12, 2024, as part of its Third Tranche of the 2024 Share Buyback Program. The company repurchased 16,795,830 common shares at an average price of €13.8195 per share, totaling €232,109,834. This is part of a larger €1 billion buyback program announced on August 1, 2024, set to run until November 29, 2024. Since the program's inception, Stellantis has bought back 47,494,365 shares for a total of €679,003,146. As of September 5, 2024, the company held 128,994,539 shares in treasury, representing 3.32% of its total issued share capital.
Stellantis (NYSE: STLA) has announced investments totaling over $406 million in three Michigan facilities to support its multi-energy strategy. The Sterling Heights Assembly Plant (SHAP) will receive $235.5 million to produce the company's first battery-electric Ram 1500 REV and the range-extended Ram 1500 Ramcharger alongside internal combustion engine models. $97.6 million will go to the Warren Truck Assembly Plant for production of a future electrified Jeep Wagoneer. The Dundee Engine Plant will get $73 million for battery tray assembly and beam machining for STLA Frame and STLA Large architectures.
These investments align with Stellantis' Dare Forward 2030 strategic plan, aiming for 50% BEV sales mix in the US by 2030. The company is investing over €50 billion in electrification this decade and targeting carbon net zero status by 2038.