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. (NYSE: STLA) generates a steady stream of news through its global portfolio of automotive brands, including Chrysler, Dodge, Jeep, Ram, Alfa Romeo, FIAT and Maserati. Company and brand announcements cover new vehicle launches, special editions, powertrain developments, sales results, investments and participation in major auto shows and industry awards.
Recent news highlights include Jeep brand updates such as the 2026 Jeep Wrangler Moab 392 becoming available for order in all 50 states, new Wrangler buzz models and special trims for the Jeep Gladiator lineup. Dodge news has focused on the multi-energy Dodge Charger lineup, including SIXPACK-powered models and the all-electric Dodge Charger Daytona, as well as recognition such as North American Car of the Year and Detroit News Vehicle of the Year honors.
Ram brand releases feature high-performance and heavy-duty trucks, including the return of the Ram 1500 SRT TRX and the introduction of a Ram Power Wagon variant with a Cummins High-Output turbo diesel engine. Stellantis North America also reports on quarterly and full-year sales for FCA US LLC, detailing performance across Jeep, Ram, Dodge, Chrysler, FIAT and Alfa Romeo nameplates.
Corporate-level news from Stellantis includes publication of its annual corporate calendar for financial results and annual general meetings, as well as announcements about investment plans in the United States and the presence of Stellantis vehicles at events like the Detroit Auto Show. Investors and enthusiasts following STLA news can expect coverage of product debuts, brand strategies, sales trends and key milestones across the Stellantis portfolio.
Stellantis has invested an additional $55 million in Archer Aviation following a critical flight test milestone. This investment is part of their ongoing strategic funding partnership. Earlier in 2023, Stellantis made $39 million worth of open market purchases of Archer stock and invested $110 million under the same agreement. Archer is nearing the completion of a high-volume manufacturing facility in Covington, GA, expected to finalize later this year. This facility will support the production of up to 650 aircraft annually, leveraging Stellantis' manufacturing expertise. Archer aims to revolutionize urban travel with its electric vertical takeoff and landing (eVTOL) aircraft, reducing commute times significantly.
Stellantis announced it will release its First Half 2024 Results on July 25, 2024. The live webcast and conference call will start at 2:00 p.m. CEST / 8:00 a.m. EDT. The press release and presentation materials will be available on the company's corporate website at approximately 8:00 a.m. CEST / 2:00 a.m. EDT on the same day. Recorded replays will be accessible for those unable to attend the live event. Stellantis aims to achieve carbon net zero by 2038 through its Dare Forward 2030 strategic plan.
Ram has achieved a significant milestone by becoming the top-performing Mass Market brand in the J.D. Power 2024 U.S. Initial Quality Study (IQS). This marks the fourth time in five years that Ram has ranked among the top three brands in the industry, and the second time it has taken the number one spot. The Ram 1500 was named the best Full-size Light-Duty Pickup for the second consecutive year, while the Ram 2500/3500 placed third among Heavy-Duty Pickups. Additionally, the Alfa Romeo Stelvio secured the second spot among Compact Premium SUVs for the second year in a row. These results highlight the brand's consistent quality and customer satisfaction, further enhanced by new metrics in this year's study that better capture customer feedback.
Stellantis announced the completion of the Second Tranche of its 2024 Share Buyback Program. The tranche, executed from May 23 to June 26, 2024, involved repurchasing 51,025,628 common shares for €1 billion.
Specific repurchases from June 21-26 included 11,638,460 shares at an average price of €19.27 each, totaling approximately €224.3 million. As of June 26, Stellantis holds 81,500,174 shares in treasury, equivalent to 2.10% of its total issued share capital.
Details on the transactions are available on Stellantis' corporate website.
The Jeep® Wagoneer S Launch Edition will make its first public appearance during the Rocket Mortgage Classic in Detroit from June 25-30, 2024. This all-electric vehicle, showing at the historic Detroit Golf Club, boasts over 300 miles on a single charge and impressive performance metrics like 600 horsepower and a 0-60 mph acceleration time of 3.4 seconds. Jeep fans can reserve the Wagoneer S Launch Edition on Jeep.com for $100, which is refundable. Nearly 200 Jeep vehicles will be available for event transportation. The Rocket Mortgage Classic, a PGA TOUR event, continues its community impact through the 'Changing the Course' campaign, focusing on digital accessibility.
Stellantis has provided a detailed report on the second tranche of its 2024 share buyback program. Between June 14-20, 2024, the company repurchased 18,792,117 common shares for a total of €358,204,793.11, with an average purchase price of €19.0614 per share. This initiative is part of a broader share buyback program announced on May 23, 2024, with a total value of up to €1 billion, to be completed by August 30, 2024. Since the program's inception, Stellantis has repurchased 39,387,168 common shares, spending €775,674,857. Additionally, the cancellation of 142,090,297 common shares was effective as of June 20, 2024, leaving Stellantis with 69,861,714 treasury shares, or 1.80% of the total issued share capital.
The Jeep® Wrangler 392, known for its power and speed, returns for the 2025 model year due to high demand. The 2025 Wrangler 392 Final Edition boasts a 6.4-liter HEMI® V-8 engine with 470 horsepower and matching torque. It accelerates from 0-60 mph in 4.5 seconds and covers a quarter mile in 13 seconds. Key features include an 8,000-pound Warn winch, 11.6 inches of ground clearance, and exceptional off-road capabilities with a Selec-Trac two-speed transfer case and Dana 44 axles. Production starts in Q1 2025, and orders open later this year.
The model retains several features from the 2024 edition, such as exclusive decals, black Nappa leather seats, and bronze 17-inch beadlock-capable wheels with 35-inch BFGoodrich tires. However, the Mopar triple loop grille guard and 83-piece toolkit are exclusive to 2024. Jeep Wave, a loyalty program offering perks and maintenance, remains available to all Jeep owners. The brand aims to have an electrified variant for all its vehicles in North America by 2025.
Stellantis Financial Services US has partnered with bolt to launch an embedded insurance program, expanding purchasing choices for customers of Chrysler, Dodge, Jeep®, Ram, Fiat, and Alfa Romeo. This initiative, leveraging bolt's extensive insurance exchange technology, will enable customers to purchase tailored auto insurance directly through Stellantis brand websites and mobile apps. The collaboration aims to simplify and personalize the insurance buying process, offering custom coverage options and usage-based choices via telematics, data, and analytics. This multi-year partnership aligns with Stellantis' strategy to enhance customer experience through innovative insurance solutions.
Dodge brand has extended its partnership with Tony Stewart Racing (TSR) for the NHRA Mission Drag Racing Series. The collaboration began in 2022, resulting in 15 national event wins and a 2023 Funny Car Championship by Matt Hagan. In 2024, Tony Stewart will replace Leah Pruett as the driver of the Top Fuel car, while Pruett takes a break to start a family. The extension highlights Dodge's commitment to high-performance racing and maintaining a strong presence in NHRA events. Dodge CEO Matt McAlear expressed enthusiasm for continuing the winning streak with TSR, emphasizing the brand's historic legacy and its role as a leader in NHRA competition. Hagan, competing for Dodge for 16 seasons, continues to be a key figure in the partnership, boasting four Funny Car World Championships and 51 NHRA national event victories. Stewart, known for his achievements in NASCAR and other racing disciplines, seeks his first Top Fuel win in his rookie season. The extended partnership aims to bolster Dodge's racing legacy and enhance customer engagement through the Direct Connection performance parts line.
Stellantis has released its weekly report for the second tranche of its 2024 Share Buyback Program. Between June 7 and June 13, 2024, the company repurchased 6,630,139 common shares at an average price of €19.9258 per share, totaling €132,110,936. Since the program's start on May 23, 2024, Stellantis has bought back 20,595,051 shares for €417,470,064. As of June 13, 2024, Stellantis holds 193,159,894 shares in treasury, equating to 4.79% of the total issued share capital. The program, which runs until August 30, 2024, aims to repurchase up to €1 billion in shares. Detailed transaction data is available on Stellantis' website.