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.
Dodge has reopened the Horsepower Locator tool to help customers find the 2024 Dodge Durango SRT 392 AlcHEMI 'Last Call' model, marking the final year of V-8 HEMI engine production. The tool refines searches by color and zip code, with the Durango available at a starting MSRP of $89,795, to 1,000 units in four colors. Dodge is rebooting the Horsepower Locator to assist in locating dealers with the Last Call model and making placing orders easier.
Spike Lee and Giancarlo Esposito collaborate in a new advertising campaign for the all-new, all-electric 2024 Fiat 500e, the first battery-electric vehicle in North America from Stellantis. The 'Italy in America' campaign features the duo exploring the Italian lifestyle and heritage, emphasizing sustainability and style of the Fiat 500e. The campaign showcases multiple creative elements and digital spots across social media channels, aiming to promote the iconic brand and its electric offering.
Stellantis N.V. completed the First Tranche of its 2024 Share Buyback Program, purchasing a total of 41,094,781 common shares for €999,999,995. The company repurchased shares at various prices between April 26-29, 2024, totaling €97,909,026.26. As of April 29, 2024, Stellantis held 183,185,078 common shares, representing 4.54% of the total issued share capital.
Stellantis reported Q1 2024 net revenues of €41.7 billion, down 12% from Q1 2023 due to various factors but offset by firm net pricing. Consolidated shipments were 1,335 thousand units, down 10%, with a focus on new product wave preparation. Global BEV and LEV sales increased, with an ordinary dividend increase of 16%. The company confirmed its FY 2024 guidance and highlighted key achievements, partnerships, and strategic investments. Stellantis remains committed to its Dare Forward 2030 plan and upcoming events include an Investor Day in June.
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