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 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.
Stellantis N.V. (STLA) has reported on the progress of its Third Tranche of the 2024 Share Buyback Program, which was announced on August 1, 2024. The program aims to repurchase up to €1 billion worth of common shares in the open market between August 1 and November 29, 2024. From August 1 to August 8, 2024, Stellantis repurchased a total of 7,087,909 common shares for a total consideration of €102,623,538, at an average price of €14.4787 per share. As of August 8, 2024, the company held 88,588,083 common shares in treasury, representing 2.28% of the total issued share capital. The buyback transactions were executed across multiple venues, including CEUX, MILE, and TQEX.
Dodge is celebrating the 50th anniversary of its Direct Connection performance parts brand with new products available from August 12, 2024. The lineup includes:
- HurriCrate series of crate engines, offering up to 550 horsepower and 531 lb.-ft. of torque
- Dodge Charger Junior Roadster body for young racers
To mark the occasion, Dodge is offering a customer appreciation incentive of up to $300 off select crate engines through November 8, 2024. Racing legends Tony Stewart and Matt Hagan will showcase special Direct Connection 50th anniversary graphics on their NHRA vehicles. The Direct Connection portfolio includes Modern Performance, Crate Engine, Race, and Vintage Muscle products, available online and through Dodge Power Brokers dealers.
The all-new Dodge Charger Daytona will debut at MotorTrend Presents Roadkill Nights Powered by Dodge on August 10, 2024, at M1 Concourse in Pontiac, Michigan. The event will feature the world's quickest and most powerful muscle car, including the 670-horsepower Dodge Charger Daytona Scat Pack and the 496-horsepower Dodge Charger Daytona R/T.
A press conference on August 9 will unveil the Fratzonic Chambered Exhaust system. Highlights include the Direct Connection Grudge Race and the Sick Powerfest pre-party on August 9. Celebrities like David Freiburger, Mike Finnegan, and Bill Goldberg will attend.
Tickets start at $25. Discounted rates are available for Pontiac residents, children under 12, and Stellantis employees. Veterans also receive discounts. Full event details are at motortrend.com/roadkillnights.
The all-new Dodge Charger Daytona will make its worldwide public debut at MotorTrend's Roadkill Nights powered by Dodge on August 10, 2024, at the M1 Concourse in Pontiac, Michigan. For the first time, drag racing will occur inside the M1 Concourse, offering open, walkable pit areas and enhanced viewing for spectators.
New Attractions:
- Dodge Hornet Rally Rides: Fans can experience hot laps on a dirt-and-pavement course.
- Fratzonic Chambered Exhaust: Dodge will reveal the final performance profile of this system.
The event will also feature the Direct Connection Grudge Race, celebrity appearances, and autograph sessions with NHRA stars. Tickets start at $25, with various packages available. The pre-event Sick Powerfest on August 9 includes the World Burnout Championship and drag race thrill rides. Full details and ticket information are available at motortrend.com/roadkillnights.
Dodge has unveiled pricing for the all-new 2024 Dodge Charger Daytona, the world's quickest and most powerful muscle car. The Charger Daytona R/T starts at $59,595, while the Charger Daytona Scat Pack begins at $73,190. Both models qualify for a $7,500 federal tax credit when leased.
Key features include:
- R/T: 496 horsepower, 404 lb.-ft. torque
- Scat Pack: 670 horsepower, 627 lb.-ft. torque, 0-60 mph in 3.3 seconds
- All-electric 400-volt dual motor system with all-wheel drive
- Fratzonic Chambered Exhaust
- PowerShot feature for 40 extra horsepower
Production of two-door models begins summer 2024, with four-door versions following in 2025. Gas-powered SIXPACK models are scheduled for late 2025 production.