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. announced the second tranche of its 2024 Share Buyback Program, targeting up to €1 billion from May 23, 2024, to August 30, 2024. Between May 31 and June 6, 2024, Stellantis repurchased 5,144,385 common shares at an average price of €20.2091 per share, totaling €103,963,363. From May 23 to June 6, 2024, the company bought 13,964,912 shares for €285,359,128. As of June 6, Stellantis holds 186,529,755 treasury shares, representing 4.63% of its total issued share capital.
Jeep has been named America's most patriotic brand for the 23rd consecutive year in the Brand Keys Most Patriotic Brands survey. The survey evaluated 1,381 brands and involved over 7,460 consumers. The recognition underscores Jeep's consistent embodiment of patriotism, adventure, and freedom. Jeep's long-standing partnership with the USO marks its 16th year of supporting U.S. military members. The brand's Military Incentive Program offers bonuses for select military personnel on certain vehicle models. Additionally, Jeep has introduced its all-electric 2025 Wagoneer S, now available for reservation. Jeep's portfolio includes a wide range of vehicles, emphasizing off-road capability and high-tech features, with plans for electrification across its lineup by 2025.
Fiat has unveiled the new Fiat 500e Inspired By Los Angeles model, available for orders this month and arriving at dealers in Q3 2024. Priced at $36,000 (plus $1,595 destination), this edition features the exclusive Marine Layer Mist exterior, integrating Italian and Angeleno designs. Highlights include a JBL seven-speaker audio system, beige eco-leather seats, and a Level 2 active driving assist system.
The 500e Inspired By Los Angeles offers a 149-mile range, powered by a 42-kWh battery, with Level 2 (11 kW) charging taking six hours. It also features an 85-kW fast charger, delivering up to 31 miles of range in five minutes. The vehicle has 117 horsepower, 162 lb.-ft. of torque, and accelerates from 0-60 mph in 8.5 seconds. Additionally, it includes three years of smartphone app connectivity and a Level 2 charging wall unit or charge credits via Free2move Charge.
The 2023-24 Jeep Wagoneer has earned the 2024 TOP SAFETY PICK rating from the Insurance Institute for Highway Safety (IIHS).
The vehicle achieved 'good' ratings in key physical crash tests like small overlap front, moderate overlap front, and side tests.
The Jeep Wagoneer's standard pedestrian front-crash prevention feature, Full-Speed Collision Warning with Active Braking, also received a 'good' rating in both daytime and nighttime scenarios.
The vehicle comes equipped with over 120 advanced safety and security features, including Blind-spot Monitoring and Rear Cross Path detection.
This recognition underscores the dedication of Jeep's engineering team in integrating state-of-the-art safety technologies.
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.