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.
Mopar has unveiled the -production Mopar '24 Jeep Gladiator, an exclusive version of the Jeep Gladiator Rubicon, as part of its annual factory-vehicle customization program.
Only 250 units will be produced for the U.S. market, each priced at $70,295 (excluding destination charges). The vehicles feature unique interior and exterior enhancements, including custom graphics, Katzkin leather seats, and a range of Jeep Performance Parts (JPP) for off-road enthusiasts.
Additional features include Mopar heavy-duty rock rails, a triple-hoop grille guard, and a 3.6-liter Pentastar V-6 engine producing 285 horsepower. Each buyer will receive a personalized owner kit and an 83-piece JPP tool kit.
Vehicles are now arriving at select Jeep dealerships.
MotorTrend Presents Roadkill Nights Powered by Dodge returns for its ninth year on Woodward Avenue in Metro Detroit. This summer, the event will feature the Direct Connection Grudge Race as the headline attraction, marking its fourth consecutive year. Six automotive builders will compete using high-output 3.0L Hurricane Twin Turbo engines. Attendees can expect drag racing, muscle car shows, and Dodge Thrill Rides among other activities. More information, including dates and ticket details, will be available on DodgeGarage.com and DCPerformance.com.
Stellantis announced the repurchase of 8,820,527 common shares from May 23 to May 30, 2024, as part of its Second Tranche of the 2024 Share Buyback Program. This tranche, announced on May 23, 2024, aims to buy back up to €1 billion in shares by August 30, 2024. The repurchased shares amounted to €181,395,764.94 at an average price of €20.5652 per share. As of May 30, 2024, Stellantis holds 181,395,865 common shares in treasury, representing 4.50% of its total issued share capital. Detailed transaction data is available on Stellantis’ website.
On May 31, 2024, Jeep celebrated the opening of reservations for the all-electric 2024 Jeep Wagoneer S Launch Edition by ringing the NYSE opening bell. The event featured over 170 out-of-home displays, including more than 3,500 square feet of signage on the NYSE façade. The vehicle, with a starting MSRP of $71,995, qualifies for the Inflation Reduction Act EV credits and is available for reservation with a refundable $100 deposit. Highlights include a 0-60 mph time of 3.4 seconds, 617 lb-ft of torque, and a 300-plus mile range. Jeep dealers are preparing for the launch with infrastructure enhancements and specialized training.
The Jeep® Wagoneer S Trailhawk concept was unveiled, showcasing its all-electric 4xe capability and rugged design. Built on the flexible STLA Large platform, this off-road SUV features enhanced Selec-Terrain system with Rock mode and an electronic rear axle locker. Notable design elements include a lifted suspension, heavy-duty tow hooks, and a seven-slot illuminated grille. The interior comes with Mantis Green non-leather materials, meteorite-inspired accents, and modular cargo management. This concept vehicle debuted alongside the all-electric 2024 Jeep Wagoneer S Launch Edition. The Wagoneer S will launch first in North America in the second half of 2024, and then globally. The Jeep brand aims to electrify its entire North American lineup by 2025.
The 2024 Jeep Wagoneer S, Jeep's first global battery-electric vehicle (BEV), is set to launch in the U.S. and Canada in the fall of 2024, with a starting MSRP of $71,995. It boasts 600 horsepower, 617 lb.-ft. of torque, a 0-60 mph time of 3.4 seconds, and a range exceeding 300 miles. Key features include a 400-volt, 100-kWh battery pack, 20-inch wheels, a dual-pane panoramic sunroof, and a 19-speaker McIntosh audio system. The vehicle's advanced tech includes a 45-inch screen space, a segment-exclusive interactive front passenger screen, and a 12.3-inch center display with Uconnect 5. The Wagoneer S includes over 170 safety and security features and qualifies for EV credits under the Inflation Reduction Act.
Stellantis has announced key leadership changes effective June 1, 2024. Luca Napolitano, currently CEO of the Lancia brand, will take on additional responsibilities as Chief Sales & Marketing Officer, succeeding Thierry Koskas, who will focus on expanding the Citroën brand. Olivier Bourges will replace Richard Schwarzwald as Chief Customer Experience Officer, aiming to boost customer satisfaction under the 'Dare Forward 2030' plan. Clara Ingen-Housz, who joined Stellantis in early 2024, will head the Global Corporate Office and Public Affairs, bringing her international legal experience to the executive team. CEO Carlos Tavares expressed confidence in the new appointments, highlighting their roles in driving the company's strategic objectives.
Alfa Romeo has unveiled the new 33 Stradale, a -edition supercar with only 33 units personally specified by their owners. Texan entrepreneur Glynn Bloomquist is one of these exclusive owners and has finalized his custom model with unique features, including a Rosso Villa d'Este exterior paint, white stripe, and No. 14 honoring Enzo Ferrari and A.J. Foyt. The 33 Stradale is a tribute to the iconic 1967 model, combining artisan craftsmanship, cutting-edge technology, and customer specifications. Bloomquist's passion for American and Italian motorsports influenced his design choices, creating a car that reflects both Alfa Romeo's heritage and modern innovation.
Stellantis will host an Investor Day webcast on June 13, 2024, at 8:00 a.m. EDT / 2:00 p.m. CEST. CEO Carlos Tavares, CFO Natalie Knight, and other top executives will discuss the company's strategic positioning and industry outlook. The event will be available live and as a replay on their corporate website and through a designated webcast link. Stellantis aims to become a carbon net-zero mobility tech company by 2038, as part of its Dare Forward 2030 strategic plan. Stellantis is recognized for its iconic brands such as Abarth, Alfa Romeo, Chrysler, and Jeep.
Stellantis has announced the launch of the second tranche of its 2024 Share Buyback Program, which started on May 23, 2024, and will conclude by August 30, 2024. This tranche involves a maximum of €1 billion, part of the overall €3 billion Program initiated on February 15, 2024. The buyback will be executed by an independent investment firm. The company plans to cancel most of the repurchased shares, but up to €0.5 billion will be reserved for employee stock plans and equity compensation to avoid shareholder dilution. The buyback will adhere to the rules and regulations, including the Market Abuse Regulation 596/2014.