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.
Stellantis is entering exclusive negotiations to acquire a substantial stake in Symbio, a hydrogen mobility leader, reinforcing its position in zero-emission technologies. This move aligns with Stellantis' hydrogen strategy in Europe and the U.S., enhancing its product offerings beyond traditional electric vehicles. The acquisition complements Symbio's current expansion plans, including a target of producing 100,000 hydrogen systems annually by 2028. The transaction, subject to regulatory approvals, is expected to close in the first half of 2023.
Stellantis has finalized its acquisition of aiMotive, enhancing its STLA AutoDrive platform for autonomous driving technology. aiMotive will continue as a subsidiary, providing current technology solutions to third-party customers. The acquisition aims to bolster Stellantis' capabilities in artificial intelligence and autonomous driving, a key component of its Dare Forward 2030 strategy. Founder László Kishonti will remain as CEO, maintaining operational independence while benefiting from Stellantis' resources.
The 2023 Jeep Wrangler High Tide and special-edition Jeep Beach models commemorate the 20th anniversary of Jeep Beach in Daytona Beach, Florida. The Wrangler High Tide is priced at $51,540, featuring 35-inch tires and is available for order this month. Only 500 Jeep Beach models will be produced, starting at $54,040, equipped with exclusive features like hood decals and embroidered leather seats. Jeep Beach 2023 will be held from April 22-30, 2023, expecting over 200,000 attendees and raising funds for charities.
The new 2023 Ram 1500 TRX Havoc Edition has been announced, expanding the light-duty truck lineup with enhanced personalization options. This limited edition features a unique Baja Yellow exterior and includes advanced technology and performance features. Priced from $104,550 plus destination charges, it delivers substantial power with a 6.2-liter supercharged HEMI® engine. Available for sale in very limited quantities starting in Q1 2023, this model aims to attract performance truck buyers by offering superior features and capabilities straight from the factory.
The 2023 Wagoneer has been awarded the prestigious title of Four Wheeler 2023 SUV of the Year, highlighting its exceptional performance and efficiency. The vehicle features the Hurricane Twin Turbo I-6 engine, delivering 420 horsepower and 468 lb.-ft. of torque, achieving up to 15% better fuel efficiency than larger engines. This accolade is part of Four Wheeler's rigorous evaluation process, where the Wagoneer excelled in both on-road and off-road challenges. The Jeep brand now holds the most awards in this competition's history, further solidifying its reputation in the large SUV segment.
Stellantis N.V. has announced a significant increase in electric motor production at its Trémery site in France, targeting over 1 million units annually by 2024. This initiative is part of the company's strategy to achieve a 100% battery electric vehicle (BEV) sales mix in Europe by 2030. The all-new M3 electric motors will power several upcoming models, including the DS 3 E-TENSE and Peugeot e-208. Stellantis has invested €2 billion in its French facilities over the past four years and has committed to employee training to facilitate this transition.
Stellantis N.V. will showcase its innovative mobility solutions and commitment to carbon neutrality at CES 2023, scheduled for January 5-8 in Las Vegas. CEO Carlos Tavares will deliver a keynote highlighting the company's goal of achieving carbon net zero by 2038. Key presentations will feature the global debuts of the Ram 1500 Revolution BEV and Peugeot Inception Concepts. Stellantis aims to redefine customer experience with cutting-edge electrified technologies and sustainable practices, alongside strong brand representations from Jeep, Chrysler, and Fiat.
Stellantis showcased its vision for sustainable mobility at CES 2023, emphasizing a commitment to achieve carbon net zero by 2038. CEO Carlos Tavares highlighted innovations in electric and software-driven vehicles during a keynote on January 5, 2023. Notable debuts included the Ram 1500 Revolution BEV and Peugeot Inception Concepts, demonstrating future customer-focused technology. Stellantis's presence at CES also featured its Jeep electrification initiative, Chrysler's battery electric vehicle plans, and the introduction of the FIAT Metaverse Store, aiming to enhance mobility experiences.
Stellantis and DTE Energy announced a significant clean energy commitment on December 12, 2022, to develop 400 megawatts of solar projects in Michigan. This deal is noted as the second largest renewable energy purchase in U.S. history and aims to power around 130,000 homes annually while avoiding over 670,000 metric tons of CO2 emissions each year. By 2026, all Stellantis vehicles made in Michigan will utilize 100% carbon-free electricity, contributing to its goal of achieving carbon net zero globally by 2038.
The Jeep brand's advertisement, "2022: Earth Odyssey," has received recognition from Adweek, ranking second in its "30 Best Ads of 2022," making it the only automotive brand honored. The ad showcases Jeep's hybrid electric vehicles, the Wrangler 4xe and Grand Cherokee 4xe, emphasizing their capability to operate silently in nature. The Wrangler 4xe is currently the best-selling plug-in hybrid vehicle in the U.S. Additionally, the Grand Cherokee 4xe was named the 2023 Green 4x4 of the Year by Green Car Journal, highlighting Jeep's commitment to electrification and sustainable off-road capability.