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Stellantis N.V. (NYSE: STLA) delivers cutting-edge mobility solutions through iconic brands like Jeep®, Peugeot, and Maserati. This news hub provides investors and industry professionals with essential updates on strategic initiatives, financial performance, and technological advancements from the global automotive leader formed by the Fiat Chrysler-PSA Group merger.
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Dodge celebrates its recognition with two 2023 Kelley Blue Book Brand Image Awards: Best Performance Brand and Most Refined Brand, marking the fifth consecutive year of accolades.
The awards are based on consumer perception data from Kelley Blue Book's Brand Watch study, analyzing over 12,000 new-vehicle shoppers. Dodge's recent launches include the high-performance Dodge Hornet GT, which is the quickest and most powerful compact utility vehicle under $30,000, and the Dodge Challenger SRT Demon 170, known for its unmatched acceleration and power.
The Dodge brand focuses on performance and technology, strengthening its market presence in the automotive sector.
Stellantis will showcase its Ram, Jeep, and Chrysler brands at the 2023 New York International Auto Show on April 5, 2023. Press conferences and vehicle unveilings will occur, featuring live streams for Ram and Jeep. The Ram brand conference starts at 9:20 a.m. ET, followed by Jeep at 11:35 a.m. ET, and Chrysler at 2:30 p.m. ET. High-profile executives, including CEO Carlos Tavares and brand heads, will present. Attendance at the auto show will emphasize Stellantis's continued presence and innovation in the automotive market.
Chrysler announces a partnership with the Autism Society of America during Autism Acceptance Month, which includes the new Calm Cabin package for Chrysler Pacifica vehicles aimed at enhancing travel comfort for individuals with autism. This initiative will feature items like a seat-back organizer, a meditative light and sound therapy machine, and a weighted sensory blanket. The Calm Cabin package will be available for purchase in late spring. The partnership will also focus on improving the dealership experience for autism families, with staff training and collaboration on further support initiatives.
FCA US LLC reported a 9% decline in total U.S. sales for Q1 2023, totaling 368,237 vehicles sold, compared to last year. The Dodge brand experienced a notable 24% increase in total U.S. sales, with the Dodge Charger rising 43% and the Dodge Durango 22%. The Chrysler brand also saw a 10% increase, with the Pacifica and Chrysler 300 up 10% and 9% respectively. Jeep's Wrangler 4xe became the best-selling plug-in hybrid vehicle in America, with a 72% increase in sales. The Ram ProMaster achieved record sales, up 90%. Despite overall declines, strong demand for electrified models is evident.
Alfa Romeo has commenced production of the 2024 Tonale, its first plug-in hybrid vehicle, at the Pomigliano d'Arco plant in Naples, Italy, with deliveries to North America starting in June 2023. The Tonale features a 15.5-kWh lithium-ion battery paired with a 1.3-liter turbocharged engine, achieving a best-in-class 285 horsepower and over 30 miles of electric range. Pricing starts at $42,995, with the option for a $7,500 federal EV tax credit for lease customers. The Tonale aims to enter the competitive premium compact SUV market, reflecting Alfa Romeo's commitment to electrification and modern technology.
The Jeep brand will unveil a remarkable collection of electrified and innovative concept vehicles during the 57th annual Easter Jeep Safari in Moab, Utah, from April 1-9, 2023. Highlighting its commitment to Zero Emission Freedom, the lineup includes the Jeep Wrangler Magneto 3.0, featuring cutting-edge powertrains and off-road capabilities. Additional concepts include the Jeep Scrambler 392, 1978 Jeep Cherokee 4xe, and Grand Wagoneer Overland, each showcasing increased performance and advanced technologies. This event attracts over 20,000 Jeep enthusiasts who provide invaluable feedback on future models.
The Freedom of Mobility Forum, initiated by Stellantis (NYSE:STLA), will hold a free digital debate on March 29, 2023, focusing on whether affordable mobility will remain accessible in a decarbonized world. The forum, facilitated by Wavestone, will feature an international panel of experts and will engage the audience with a Q&A session. The webcast begins at 8:30 a.m. EDT, discussing critical issues including the challenges and solutions related to sustainable mobility. Registration is available online, and a recorded replay will be accessible for those unable to attend live.
The Freedom of Mobility Forum, launched by Stellantis, is set to host a free digital debate on March 29, 2023, at 8:30 a.m. EDT. This forum aims to address the question of whether affordable mobility will be limited to a select few in a decarbonized world. The event will feature an international panel of experts and include a 30-minute Q&A session. Participants can register for the event online. A recorded replay will be available for those who cannot attend live. The forum emphasizes the need for sustainable and equitable mobility solutions amid global warming challenges.
Dodge has officially opened orders for the 2023 Dodge Challenger SRT Demon 170, claiming it's the most powerful muscle car available with 1,025 horsepower and 945 lb-ft of torque. This model is the seventh and final 'Last Call' special edition with a limited production run of 3,300 units, priced at $96,666. Featuring an NHRA-certified quarter-mile time of 8.91 seconds, the Demon 170 showcases unprecedented performance, including 0-60 mph in 1.66 seconds. Orders must be placed before May 15, 2023, and special acknowledgment is required for buyers. This launch reinforces Dodge's commitment to high-performance vehicles under Stellantis.
The Dodge Roadkill Nights event celebrated its eighth year with a spectacular reveal of the 1,025-horsepower Dodge Challenger SRT Demon 170 in Las Vegas on March 20, 2023. Over 10,000 attendees enjoyed various activities, including drag racing and celebrity appearances from figures like Jay Leno and Bill Goldberg. Dodge introduced Direct Connection stage kits for modern Challengers, enhancing its performance parts lineup. Event highlights included over 50 million online views, 1,300 thrill rides, and 400 show vehicles. A summer event is planned for Detroit, where the new Dodge Direct Connection Grudge Race will be featured.