Stellantis N.V Stock Price, News & Analysis

FCA US LLC reported third-quarter 2022 U.S. sales of 385,665 vehicles, a 6% decline from the previous year. However, commercial shipments rose 57%. The Dodge brand saw a 22% increase in sales, with the Charger, Challenger, and Durango up by 25%, 17%, and 32%, respectively. Chrysler brand sales rose 39%, with significant gains in the Pacifica and 300 models. Notably, the Jeep Wrangler's sales increased by 4%, and the Wrangler 4xe remained the top-selling plug-in hybrid.

Ram has unveiled the new 2023 Ram 2500 Heavy Duty Rebel at the Texas State Fair, enhancing its off-road truck portfolio. Positioned between Laramie and Power Wagon, this model features a standard 6.4-liter HEMI V-8 engine with 410 horsepower and an optional 6.7-liter Cummins Turbo Diesel with 370 horsepower. Key specifications include a towing capacity of 16,870 pounds and a payload of 3,140 pounds. With advanced safety features and a unique suspension system, the Ram 2500 Heavy Duty Rebel is poised to reinforce Ram's leadership in the off-road truck market.

Dodge has launched a unique marketing campaign called 'The Real Brotherhood of Muscle', showcasing content from its owners and enthusiasts. This national multimedia campaign runs across television and social media, inviting Dodge fans to share their vehicle videos using the hashtag #RealBrotherhood. The initiative follows the brand's recent announcements, including the introduction of the electrified Dodge Hornet and Charger Daytona SRT electric concept. Dodge aims to deepen its connection with its community of over 13 million fans.

Stellantis has achieved significant recognition with two of its powertrains, the 4xe plug-in hybrid in the Jeep Grand Cherokee and the new 3.0-liter Hurricane Twin Turbo I-6 in the Grand Wagoneer, being named among the 2022 Wards 10 Best Engines and Propulsion Systems. This marks the 12th consecutive year a Stellantis product has won this award. The 4xe hybrid offers 25 miles of all-electric range and 56 MPGe, while the Hurricane engine provides enhanced power and reduced emissions. These advancements align with Stellantis' Dare Forward 2030 strategy aimed at cutting its carbon footprint by 50% by 2030.

Stellantis announced the launch of the new 2023 Ram ProMaster, featuring multiple cargo-height and cargo-length configurations to suit diverse business and lifestyle needs. Mopar will support the ProMaster with over 140 quality-tested parts and accessories, available for purchase via Ram dealerships or the Mopar e-Store. Notably, in response to customer demand, a battery-electric version of the ProMaster will be introduced in 2023. Ram Commercial maintains a reputation for being the most upfitter-friendly truck brand, enhancing customer experience through tailored solutions.

On September 22, 2022, Stellantis hosted its 23rd annual supplier diversity MatchMaker event, connecting over 200 diverse business owners with more than 100 Tier 1 suppliers and 200 Stellantis buyers. The event emphasized Stellantis' commitment to diversity, having purchased over $100 billion from diverse suppliers since 1983. The newly launched MentorWE program aims to foster growth for women-owned businesses. Notably, MatchMaker has generated over $4 billion in new opportunities for minority-owned businesses. Stellantis recognized outstanding suppliers for their commitment to diversity.

Stellantis unveils the 2023 Dodge Challenger Black Ghost, celebrating muscle car heritage with a limited run of only 300 units. This special edition features a powerful 807 horsepower, black 'gator skin' roof, and distinctive graphics reminiscent of the original Black Ghost from the 1970s. As the sixth of seven 'Last Call' models, it honors the Challenger and Charger as production wraps up. The final model will be revealed at the 2022 SEMA Show in Las Vegas.

The Jeep brand will support three all-female teams at the 2022 Rebelle Rally, marking its seventh year in the competition. The event, scheduled for October 6-15, 2022, will cover over 1,500 miles across Nevada and California. Jeep's Wrangler 4xe, the top-selling plug-in hybrid in the U.S., will be showcased as a capable off-road vehicle. The supported teams include veteran competitors Nena Barlow and Teralin Petereit returning to defend their 2021 titles. The Rebelle Rally emphasizes traditional navigation skills and eco-friendly practices as part of its electrification goals.