Stellantis N.V. reports developments across a global automotive business built around brands such as Jeep, Chrysler, Dodge, Ram, FIAT, Peugeot, Citroën, Opel, Alfa Romeo and Maserati. Recurring news covers operating and financial results, regional vehicle demand, industrial execution, liquidity, and capital actions alongside updates from its brand portfolio.
Company announcements also track vehicle launches and refreshes, including Chrysler Pacifica minivans and Jeep Wrangler, Gladiator and Rubicon models; Mopar service, parts and customer-care products; design and performance programs; shareholder voting matters; and brand partnerships tied to customer engagement and mobility services.
The Freedom of Mobility Forum, initiated by Stellantis (NYSE:STLA), will hold a free digital debate on March 29, 2023, focusing on whether affordable mobility will remain accessible in a decarbonized world. The forum, facilitated by Wavestone, will feature an international panel of experts and will engage the audience with a Q&A session. The webcast begins at 8:30 a.m. EDT, discussing critical issues including the challenges and solutions related to sustainable mobility. Registration is available online, and a recorded replay will be accessible for those unable to attend live.
The Freedom of Mobility Forum, launched by Stellantis, is set to host a free digital debate on March 29, 2023, at 8:30 a.m. EDT. This forum aims to address the question of whether affordable mobility will be limited to a select few in a decarbonized world. The event will feature an international panel of experts and include a 30-minute Q&A session. Participants can register for the event online. A recorded replay will be available for those who cannot attend live. The forum emphasizes the need for sustainable and equitable mobility solutions amid global warming challenges.
Dodge has officially opened orders for the 2023 Dodge Challenger SRT Demon 170, claiming it's the most powerful muscle car available with 1,025 horsepower and 945 lb-ft of torque. This model is the seventh and final 'Last Call' special edition with a limited production run of 3,300 units, priced at $96,666. Featuring an NHRA-certified quarter-mile time of 8.91 seconds, the Demon 170 showcases unprecedented performance, including 0-60 mph in 1.66 seconds. Orders must be placed before May 15, 2023, and special acknowledgment is required for buyers. This launch reinforces Dodge's commitment to high-performance vehicles under Stellantis.
Stellantis N.V. announced the execution of its First Tranche of the Share Buyback Program, totaling up to €500 million, between March 17, 2023, and June 19, 2023. As of March 23, 2023, Stellantis repurchased 609,801 common shares at an average price of €16.0341, amounting to €9,777,640. This program aims to enhance shareholder value and reflects the company's commitment to return capital to investors. Following these repurchases, Stellantis holds 69,735,345 common shares in treasury, representing 2.17% of its total issued share capital. Further details can be found on their corporate website.
The Dodge Roadkill Nights event celebrated its eighth year with a spectacular reveal of the 1,025-horsepower Dodge Challenger SRT Demon 170 in Las Vegas on March 20, 2023. Over 10,000 attendees enjoyed various activities, including drag racing and celebrity appearances from figures like Jay Leno and Bill Goldberg. Dodge introduced Direct Connection stage kits for modern Challengers, enhancing its performance parts lineup. Event highlights included over 50 million online views, 1,300 thrill rides, and 400 show vehicles. A summer event is planned for Detroit, where the new Dodge Direct Connection Grudge Race will be featured.
Stellantis has partnered with the U.S. Department of Energy (DOE) to launch the Battery Workforce Challenge, aimed at developing a skilled workforce in the EV and battery industry. Announced on March 24, 2023, the initiative includes a collegiate engineering competition, vocational training, and STEM education over three years. Managed by Argonne National Laboratory, this program supports the DOE's goal of achieving net-zero emissions by 2050. The challenge will kick off in fall 2023, inviting teams from North American universities to innovate in battery design for Stellantis vehicles.
On March 23, 2023, Stellantis (NYSE: STLA) announced it has been recognized as a top corporation for Women's Business Enterprises (WBEs) for the ninth consecutive year by the Women's Business Enterprise National Council (WBENC). This award highlights Stellantis' commitment to enhancing supplier diversity and empowering women-owned businesses. The company supports initiatives like the MentorWE program, aimed at preparing women-owned suppliers for future contracting opportunities. Stellantis also reported an increase in women in leadership roles, reaching 27% in 2022, and aims for 30% by 2025, as part of its Dare Forward 2030 strategic plan.
The Freedom of Mobility Forum, initiated by Stellantis, will host a live digital debate on March 29, 2023, focusing on the affordability of mobility in a decarbonized world. The event, facilitated by Wavestone, aims to foster a fact-based discussion among a panel of international experts, addressing whether freedom of mobility will be accessible to all or just a select few. The debate will feature a Q&A session and will start at 2:30 p.m. CEST. Registration is free, and a recorded replay will be available for those who cannot attend.
The Jeep brand is showcasing its latest concept vehicles at the 57th annual Easter Jeep Safari in Moab, Utah, from April 1-9, 2023. These concepts, designed by Jeep Performance Parts by Mopar, aim to electrify off-road experiences while maintaining high performance. Jeep emphasizes its commitment to electrification, with plans for all vehicles to have electrified variants by 2025. This initiative supports Jeep’s vision of achieving Zero Emission Freedom, reflecting over 80 years of heritage and dedication to adventure and capability.
The Chrysler brand has launched a new multimedia campaign called "Vanlightenment" for the Pacifica and Pacifica Hybrid. This campaign, which includes television, digital, and social media components, aims to humorously illustrate how the Chrysler Pacifica serves as a support system for families amidst daily chaos. Featuring relatable scenarios, the campaign highlights the vehicle's features like the Stow 'n Go seating, infotainment with Amazon FireTV, and its impressive fuel economy. The campaign is built on three 30-second spots, emphasizing the Pacifica's role in providing peace and harmony for families.