Stellantis N.V Stock Price, News & Analysis

Dodge reinforces its identity as a performance brand with upcoming announcements regarding two new initiatives set for November 8. The Dodge brand continues to lead in power, showcasing the 807-horsepower Challenger SRT Super Stock and the 797-horsepower Charger SRT Redeye. Dodge has been recognized for quality, ranking #1 in the J.D. Power Initial Quality and APEAL Studies for two consecutive years. Dodge's dominance in horsepower makes it a significant contender in the automotive market, offering the most powerful lineup among American brands.

Mopar unveiled seven custom vehicle concepts at the SEMA Show, running from Nov. 2-5 in Las Vegas. These concepts, including Jeep Wrangler 4xe and Ram 1500 TRX RexRunner, highlight innovative design and performance parts. Each vehicle showcases enhancements aimed at off-road and utility capabilities, featuring factory-backed Jeep Performance Parts. Mark Bosanac, Mopar's North America VP, emphasized the importance of SEMA for showcasing their performance catalog. This unveiling reflects Mopar's commitment to quality and performance in the automotive aftermarket.

Stellantis has launched a new integrated rewards program, Stellantis Miles, allowing customers of Chrysler, Dodge, Jeep, Ram, Fiat, and Alfa Romeo to earn rewards for all travel, not just driving. Customers earn 2x miles for driving, 5x for biking, and 10x for walking. With over 250 partner retailers, users can redeem miles for exclusive rewards and also donate miles to charities. This program aims to enhance customer value and integrate seamlessly with existing Stellantis apps, marking a significant innovation in the automotive sector.

Stellantis's Dodge brand is gearing up for the Dodge//SRT Nationals in Las Vegas from Oct. 29-31, showcasing their competitive edge in the NHRA season. Three Dodge Charger SRT Hellcat Funny Cars are among the top contenders, with Ron Capps leading the points, closely followed by teammate Matt Hagan. The event, pivotal for championship standings, marks the fifth national competition sponsored by Dodge and Mopar during NHRA's 70th anniversary. Leah Pruett will also compete in the Factory Stock Showdown, aiming for dual victories this weekend.

Dodge has unveiled two new appearance packages for its 2022 Charger and Challenger models: the HEMI® Orange and SRT Black. The HEMI Orange package pays homage to the iconic HEMI engine with unique color accents, available for GT RWD and Scat Pack Widebody models at MSRP of $2,995 and $1,500, respectively. The SRT Black package offers a sleek blacked-out look for SRT models for an MSRP of $695. Both packages can be ordered through dealerships starting Q4 2021.

Alfa Romeo is launching its first global advertising campaign, "Near Life Experience," at the U.S. Grand Prix in Austin, Texas, on October 24, 2021. The campaign will debut on the brand's social media channels on October 22, 2021. Global chief marketing officer, Olivier Francois, emphasized the campaign's tribute to Alfa Romeo's rich racing history since 1910.

The campaign aims to reaffirm Alfa Romeo's values and emotional driving experience, while CEO Jean-Philippe Imparato stated this marks a step toward becoming a premium global brand.

Stellantis, in collaboration with the National Business League, has launched the National Black Supplier Development Program, aimed at fostering economic opportunities for Black businesses. The pilot program will run until Q1 2022, involving 13 diverse Black-owned businesses. The initiative seeks to develop over 2.9 million Black businesses for future procurement opportunities, addressing the impact of the COVID-19 pandemic which led to a significant closure rate among Black-owned companies. This program highlights Stellantis's commitment to racial equity in the marketplace.

The 2021 Ram 1500 TRX has been awarded the prestigious titles of Texas Truck of the Year and High-Performance Truck of the Year by the Texas Motor Press Association. The Jeep Gladiator also earned accolades as Off-road Truck of the Year, while the all-new Jeep Grand Cherokee L was named Full-size SUV of the Year. Additionally, the Jeep Wrangler 392 received the High-performance SUV of the Year award. These recognitions highlight Stellantis's commitment to quality in the truck and SUV segments, enhancing brand reputation and potentially impacting future sales positively.

The Jeep Wrangler 4xe has excelled at the 6th Rebelle Rally, becoming the first electrified vehicle to win. It secured the top three overall positions and claimed the Bone Stock and Electrified titles. Team 4xEventure, with Nena Barlow and Teralin Petereit, achieved the overall win, marking Barlow's third podium finish. The competition saw the Wrangler 4xe deliver impressive performance, achieving 49 MPGe and 21 miles of electric range. Jeep's success in this rally underscores its commitment to innovation and electric mobility, aligning with its goal of zero-emission freedom.