Stellantis N.V Stock Price, News & Analysis

Stellantis has been recognized by Winds of Change magazine as one of the top 50 companies for recruiting Indigenous STEM professionals for the third consecutive year. This acknowledgment highlights Stellantis' commitment to diversity and inclusion as integral to its business strategy. The company’s ICON Business Resource Group plays a pivotal role in fostering a supportive workplace for Indigenous talent. Additionally, Stellantis launched leadership programs aimed at developing Black and multicultural employees, further establishing its dedication to an inclusive work culture.

Stellantis announced a CAD $3.6 billion investment to secure the future of its Windsor and Brampton Assembly Plants and enhance its Automotive Research and Development Centre (ARDC). This initiative is part of a broader CAD $45 billion electrification strategy through 2025. The total investment in Canada now reaches CAD $8.6 billion, expected to create 2,500 jobs. The upgrades will support multi-energy vehicle architecture and expand electric vehicle production. Notably, the Windsor-based ARDC will add over 650 engineering jobs, marking a significant step towards sustainability.

The 2022 Jeep Grand Cherokee 4xe has been awarded the 2022 Northwest Outdoor Activity Vehicle of the Year by the Northwest Automotive Press Association (NWAPA). This marks a historic win as it is the first vehicle to take home honors in the Overall, Electrified Utility Vehicle, and Mid- and Full-Size Family categories at the Mudfest competition. The Grand Cherokee 4xe, featuring a plug-in hybrid version, offers impressive performance metrics, including 375 hp, 56 MPGe, and a 0-60 mph time of 6.0 seconds, reinforcing Jeep's commitment to electrification and advanced utility.

On April 26, 2022, Dodge announced the appointment of Preston Patterson from North Carolina as its new Chief Donut Maker after a nationwide competition that attracted over 173,500 applications. The contest showcased Patterson's skills through various challenges, ultimately leading to his selection. As Chief Donut Maker, he will receive a salary of $150,000 and access to significant automotive events. This initiative is part of Dodge's 'Never Lift' plan, aimed at promoting the brand's future performance, which includes focusing on electrified muscle cars.

Dodge's search for the 'Chief Donut Maker' culminates with a three-part web series starting April 19, 2022. The competition attracted over 173,500 applicants, with the top 10 finalists showcased in high-pressure challenges. The winner, announced on April 26 (HEMI Day), will receive a $150,000 salary, a Dodge Challenger SRT Hellcat, and a year of exclusive automotive experiences. Celebrity judges include Bill Goldberg and Matt Hagan. This initiative aligns with Dodge's 'Never Lift' plan, aiming to transition the brand into the electrified muscle era.

Stellantis has received the 2022 Best Employers: Excellence in Health and Well-being and Excellence in Mental Health awards from the Business Group on Health. This recognition highlights the company's dedication to fostering a culture of health and well-being for its employees. Stellantis is one of 44 U.S. employers to earn the Excellence in Health award and one of 21 for Excellence in Mental Health. The company emphasizes comprehensive well-being programs, including various health plans and facilities across Indiana, Illinois, and Michigan, fostering better quality of life for employees and their families.

Chrysler has launched the Chrysler Store by Amazon, offering a wide range of licensed merchandise for fans. Available products include apparel for all ages, home goods, and accessories, enhancing the online shopping experience. The store features three themed collections: Van Life, 300 Collection, and Heritage Collection, each showcasing unique merchandise. Kim Adams House, head of licensing and merchandising, emphasized the seamless shopping experience for U.S. customers. Chrysler remains committed to providing innovative products, maintaining its legacy since 1925.

Stellantis is providing a virtual experience for the 2022 New York International Auto Show, allowing consumers to explore new products and technology from their homes. The interactive platform includes a virtual brand ambassador, augmented reality features for Dodge and Jeep, and a chance to win up to $100,000 toward a vehicle purchase. The immersive tour is designed to showcase the latest models and innovations from Chrysler, Dodge, Fiat, Jeep, Ram, and Alfa Romeo, ensuring a comprehensive view of the company’s offerings.

Camp Jeep® is back for its 16th year at the New York International Auto Show, featuring a dramatic new 28-foot mountain that showcases the off-road capabilities of Jeep vehicles. The exhibit, spanning 20,000 square feet, offers attendees a thrilling interactive experience at no cost. Product specialists will demonstrate Jeep’s durability using models like the Wrangler Rubicon 4xe and Grand Cherokee 4xe. Attendees can also enter to win $100,000 towards a Stellantis vehicle. The show runs from April 13, 2022, attracting a global audience and highlighting Jeep's electrification goals.