Stellantis N.V Stock Price, News & Analysis

The 2023 Ram ProMaster was unveiled at the Work Truck Week trade show in Indianapolis, showcasing its focus on durability, efficiency, and advanced technology. Key features include new LED headlights, an optional rear roll-up door, and Parallel/Perpendicular Park Assist for enhanced safety. The vehicle now offers three roof heights and best-in-class cargo volume. Ram Telematics enhances connectivity for fleet owners, and a battery-electric version is set to release, with Amazon as the first customer. The new ProMaster promises significant enhancements for commercial customers, focusing on user feedback and operational efficiency.

Dodge//SRT and Mopar racers are gearing up for the NHRA Gatornationals in Gainesville, Florida, from March 10-13, 2022. Drivers Matt Hagan and Leah Pruett aim for their first wins with their new team, competing aboard Dodge Power Brokers machines. Hagan, a three-time NHRA Funny Car World Champion, hopes to conquer Gainesville, a track he has yet to master. Meanwhile, Pruett seeks redemption in the Top Fuel All-Star Callout amid challenging weather conditions. The event showcases the Dodge brand's commitment to motorsports and performance.

On March 2, 2022, Ram unveiled the Ram Revolution, an exclusive insider program aimed at transforming the pickup truck market. The announcement coincided with Stellantis' long-term strategic plan, which previews the new Ram 1500 battery-electric vehicle (BEV) set to launch in 2024. Ram aims to electrify most of its segments by 2025 and achieve a full electrified portfolio by 2030. Notably, the Ram brand has achieved high rankings in quality and customer satisfaction, indicating strong market performance.

On March 1, 2022, during Stellantis' Dare Forward 2030 presentation, CEO Carlos Tavares unveiled the first-ever fully electric Jeep SUV. Set for launch in early 2023, this model marks a significant step in Jeep's commitment to electrification, aiming for Zero Emission Freedom. The company plans to offer electrified variants across its entire SUV lineup by 2025, aligning with global sustainability initiatives. Further details about the new battery-electric vehicle will be provided in the coming months.

Stellantis N.V. announced its strategic plan, Dare Forward 2030, aiming for carbon net-zero emissions by 2038 with a 50% reduction by 2030. The company targets 100% battery-electric vehicle (BEV) sales in Europe and 50% in the U.S. by the decade's end, planning to sell 5 million BEVs annually. Key initiatives include launching more than 75 BEVs and targeting double-digit adjusted operating income margins while doubling net revenues to €300 billion by 2030. Stellantis emphasizes diversity and aims for a 25-30% dividend payout ratio through 2025.

On February 28, 2022, Stellantis and the National Business League (NBL) completed the pilot of the National Black Supplier Development Program, graduating 13 Black-owned businesses. These participants are either securing or being considered for vital contracts in Stellantis marketing projects, including the Chrysler Pacifica and Dodge Durango. The program aims to enhance opportunities for over 2.9 million Black businesses in a post-pandemic economy, promoting equity in the marketplace. The next phase will onboard Fortune 500 partners and evaluate lessons learned to ensure program sustainability.

The Jeep brand is returning to Moab, Utah, for the 56th annual Easter Jeep Safari from April 9-17, 2022. This event, hosted by Moab's Red Rock 4-Wheelers club, attracts thousands of Jeep enthusiasts each year. Jeep and Jeep Performance Parts (JPP) are set to unveil unique concept vehicles, including a 4xe electrified SUV showcasing Jeep's commitment to Zero Emission Freedom. All Jeep models will offer electrified versions by 2025, highlighting the brand's dedication to sustainable off-roading.

The 2022 Chrysler Pacifica minivan has received a TOP SAFETY PICK+ rating from the Insurance Institute for Highway Safety (IIHS), marking its second consecutive year achieving this status. It excelled in six crashworthiness tests and boasts an advanced Automatic Emergency Braking system rated 'superior.' The Pacifica remains unique in North America as the only minivan offering all-wheel drive and second-row Stow 'n Go seating. With over 160 industry awards, it continues to set benchmarks in safety and innovation.