Stellantis N.V Stock Price, News & Analysis

FCA US LLC reported its Q3 2021 U.S. sales figures, showing a total of 410,917 vehicles sold, a 19% decrease from last year. Despite this, several models performed well: Jeep Grand Cherokee sales surged 45%, Jeep Gladiator achieved its best third quarter ever with 2% growth, and Ram ProMaster Van sales increased 26%. The company noted ongoing supply chain issues impacting inventory, yet year-to-date sales are up 3% compared to 2020. Noteworthy sales gains were also seen in the Dodge Durango and Alfa Romeo brands.

The all-new 2022 Jeep Grand Cherokee has been unveiled, highlighting its status as the most technologically advanced and luxurious Grand Cherokee yet. This fifth-generation model includes a new plug-in hybrid powertrain, with an estimated 25 miles of all-electric range and 57 MPGe. It features an innovative architecture, advanced 4x4 capability, and the class-exclusive Jeep Quadra-Lift air suspension. The vehicle is set to arrive at North American dealerships in Q4 2021, followed by the electrified 4xe variant in early 2022. Jeep, part of Stellantis (STLA), celebrates its 80th anniversary with this launch.

The all-new 2022 Jeep® Grand Cherokee, including the electrified 4xe version, will debut on September 29, 2021, at 9 a.m. EDT. This fifth-generation model aims to enhance the legacy of the most awarded SUV ever, featuring advanced technology and luxury. The Grand Cherokee will also introduce 4xe plug-in hybrid technology, aligning with Jeep's goal of achieving "zero emission freedom." The event will be streamed live on jeep.com, hosted by Jeep brand executives Christian Meunier and Jim Morrison.

On September 23, 2021, Jeep unveiled the 2022 Wrangler Willys with the new Xtreme Recon Package at Detroit 4Fest. The package features factory-installed 35-inch all-terrain tires, enhancing off-road capabilities. Priced at $39,435 (plus destination charge), it boasts best-in-class approach (47.4°), departure (40.4°), and ground clearance (12.9 inches). Orders open in October, with production starting in December at the Toledo Assembly Plant. The Jeep Wrangler continues to innovate with models like the Wrangler 4xe, the best-selling plug-in hybrid in America, and the powerful Wrangler Rubicon 392.

Stellantis unveiled three new Ram 1500 models at the Texas State Fair: the 2022 Ram 1500 TRX Ignition Edition, limited to 875 units, featuring a supercharged HEMI® V-8 engine starting at $91,585; the 2022 Ram 1500 Longhorn SouthFork, emphasizing luxury and comfort, priced at $61,620; and the 2022 Ram 1500 (RAM)RED Edition, part of a $4 million commitment to the Global Fund, starting at $63,250. The models highlight personalization for buyers and will be available in Q4 2021.

Stellantis will showcase its diverse vehicle lineup at the Texas Auto Show during the 2021 State Fair of Texas, from Sept. 24. Highlights include new models from Ram, Jeep, and Alfa Romeo, with interactive experiences for attendees. The Ram Truck brand features the powerful TRX model, boasting 702 horsepower and offering thrilling test rides. The Jeep Grand Cherokee L debuts as a three-row SUV. Stellantis celebrates its 85th anniversary at this event, emphasizing innovation and customer engagement across its brands.

Stellantis announces a groundbreaking partnership with (RED), becoming the first multi-brand automotive partner. The Jeep, Ram, and FIAT brands will launch special-edition (RED) vehicles, contributing at least $4 million to combat global health emergencies, including AIDS and COVID-19, over three years. The Jeep RED Compass will debut in early 2022, followed by the RED Renegade and Ram 1500 Limited RED. This initiative aims to raise awareness and funds, with campaigns like 'The (RED) Mission' and 'Born to Save' already in action.

On September 21, 2021, Stellantis reaffirmed its commitment as the exclusive sponsor of the National Black MBA Association Graduate Student Case Competition. This annual event offers $50,000 in scholarships, with the 2021 competition held virtually from September 11-13. Clark Atlanta University won first place, earning $25,000, with other finalists from Georgia Institute of Technology and University of Michigan receiving $15,000 and $10,000, respectively. Stellantis has sponsored the event since 1995, fostering a pipeline of diverse talent critical for innovation.