Stellantis N.V Stock Price, News & Analysis

Mopar has unveiled concept sketches ahead of the 2021 SEMA Show in Las Vegas, scheduled for November 2-5. The company will showcase customized vehicles along with hundreds of factory-backed performance parts and accessories at its exhibit, which spans 15,345 square feet. Mopar, part of Stellantis, focuses on vehicle care and performance enhancement since its inception in 1937. The SEMA Show represents a $47.89 billion specialty automotive industry, emphasizing innovation and performance products.

Stellantis announced the reinstatement of domestic partner benefits for all eligible U.S. non-bargaining unit employees, effective January 1, 2022. This decision is part of the company's commitment to diversity and inclusion, honoring LGBTQ+ History Month. The benefits extend to both same- and opposite-sex partners, continuing Stellantis's history of supporting domestic partners since 2000. The company will also light its Auburn Hills tower purple from October 11-21 to mark this initiative. Stellantis aims to meet the diverse needs of its employees and stands as a leader in corporate equality.

Stellantis has announced a $229 million investment in its Kokomo, Indiana, plants to enhance its electrification strategy. This initiative will retain 662 jobs and retool three plants to produce next-generation, eight-speed transmissions. These transmissions are designed to improve fuel economy and enable vehicles to meet future emissions standards. The investment is part of Stellantis' commitment to achieving 40% low-emission vehicle sales in the U.S. by 2030 and follows a larger $35 billion investment into electrification through 2025.

The 2021 Jeep Grand Cherokee L has been awarded a spot on Wards 10 Best Interiors list in its inaugural eligibility year. Praised for its luxurious seven-passenger interior, the vehicle features high-quality materials such as hand-wrapped leather and real wood, alongside modern technology including 10-inch digital displays and a premium 950-watt McIntosh sound system. The design emphasizes passenger comfort with customizable ambient lighting and advanced climate control. This accolade reflects the brand's commitment to luxury and craftsmanship in the SUV market.

Stellantis announces participation in the 2021 Rebelle Rally, featuring three factory Jeep Wrangler 4xe teams. The competition runs from October 7-16 and covers over 1,400 miles across Nevada and California. The Jeep Wrangler 4xe combines a 2.0-liter engine with two electric motors, offering 21 miles of all-electric range and 49 MPGe, emphasizing off-road capability without range anxiety. This year marks the sixth consecutive partnership with the rally, aimed at showcasing Jeep’s commitment to electrification and female empowerment in off-road driving.

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.