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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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Discover updates across key operational areas: electric vehicle development, sustainability programs, global market expansions, and advanced driver-assistance systems. Bookmark this page for streamlined access to official corporate communications and analysis-neutral reporting.
Three Dodge Charger SRT Hellcat Funny Cars are set to compete for the World Championship title at the NHRA season finale in Pomona, California, on November 14, 2021. Don Schumacher Racing (DSR) driver Ron Capps leads the points, followed by Matt Hagan and Cruz Pedregon. Both Hagan and Pedregon aim to dethrone Capps, with Hagan needing to outperform him significantly to secure the title. The event offers a unique points payout format, increasing the points available, making the final races crucial for all contenders.
Dodge has unveiled its two-year 'Never Lift' business plan, aiming to solidify its performance brand identity. This plan promises quarterly announcements related to product launches or automotive news, starting with 'Operation 25/8', which features an eight-week giveaway of dream cars. Dodge will reintroduce the Direct Connection performance parts brand, offering factory-backed parts and support through its new Dodge Power Brokers dealer network. The first Direct Connection parts will become available on December 15, 2021.
Dodge is set to initiate its "Never Lift" campaign, introducing new models and initiatives over the next two years. This campaign will include the launch of performance programs, such as Direct Connection, designed for Dodge enthusiasts. The official launch video will be available on November 8, 2021, at 1 p.m. ET on Dodge.com. Tim Kuniskis, CEO of Dodge, emphasizes the brand's commitment to performance, showcasing powerhouse models like the 807-horsepower Dodge Challenger SRT Super Stock. Dodge has also achieved top rankings in J.D. Power's quality studies.
The Jeep brand has announced the starting prices for the all-new 2022 Grand Cherokee lineup, which includes five models: Laredo, Limited, Trailhawk, Overland, and Summit. Prices range from $37,390 for the Laredo to $63,365 for the Summit Reserve. The new models feature advanced safety systems, improved tech like Uconnect 5, and legendary 4x4 capability. Deliveries are expected to begin in Q4 2021 from the Detroit Assembly Complex.
The 2022 Grand Wagoneer has been awarded the title of SUV of Texas at the Texas Auto Writers Association's annual event, highlighting its luxury and advanced technology. Additionally, the 2022 Wagoneer won the Full-size SUV of Texas, while the Ram 1500 received the Full-size Pickup Truck of Texas award for the fourth consecutive year. Stellantis's brands dominated the event, clinching multiple categories and showcasing their commitment to quality and innovation in the automotive sector.
Dodge//SRT has renewed its sponsorship of Radford Racing School, designating it as the Official High Performance Driving School. The multi-year agreement includes a fleet of over 85 Dodge//SRT vehicles, such as the Dodge Challenger and Charger SRT Hellcat. Customers purchasing a new Dodge//SRT vehicle will receive a day of training at the school. Since 2015, Dodge has been the official sponsor, enhancing brand visibility and engagement through joint marketing initiatives and special experiences at racetracks. The partnership emphasizes Dodge's commitment to performance and driving excellence.
Stellantis has introduced the all-new Jeep Graphic Studio, aimed at enhancing customer personalization for Wrangler and Gladiator models. This initiative responds to increasing customer demand for unique customization options. The studio offers a variety of graphics, including the industry's first textured graphics. Pricing ranges from $40 to $165, with a guarantee against UV damage and peeling. Customers can explore options at JeepGraphicStudio.com.
On November 1, 2021, Stellantis announced the completion of its acquisition of F1 Holdings Corp., the parent company of First Investors Financial Services Group. This acquisition, first disclosed on September 1, 2021, allows Stellantis to establish a full-service captive finance arm in the U.S. under the name Stellantis Financial Services US Corp.. The new entity aims to provide various financing options, such as retail loans and leases, enhancing the customer experience and supporting Stellantis' growth strategy in the U.S.
Stellantis introduces the Mopar '22 Dodge Durango, a limited-edition vehicle showcasing factory-backed performance parts and accessories. Only 250 units will be available: 200 in the U.S. and 50 in Canada, with orders opening in Q1 2022. The Durango features a 5.7-liter HEMI® V-8 engine delivering 360 horsepower and boasts advanced towing capabilities up to 8,700 pounds. The MSRP for the special edition package is $3,995. Celebrating Mopar's 85th anniversary, the vehicle emphasizes superior craftsmanship and performance features tailored for enthusiasts.