AUBURN HILLS, Mich., Nov. 21, 2024 /PRNewswire/ -- Fiat 500e Giorgio Armani Collector's Edition embodies FIAT's commitment to an electric-powered future while showcasing Italian style, elegance and craftsmanshipAvailable in two exclusive colors – green and Greige – with matching tone-on-tone eco-leather seats, Fiat 500e Giorgio Armani Collector's Edition features special Armani interior treatment and unique 17-inch wheels with GA logo"Ovation," the new Fiat 500e Giorgio Armani Collector's Edition commercial, debuts with the tagline, "Don't drive it, wear it"At the 2024 Los Ang

Stellantis to Participate in Goldman Sachs 16th Annual Industrials & Autos Week AMSTERDAM, November 21, 2024 – Doug Ostermann, Stellantis Chief Financial Officer, will participate in a fireside chat on Wednesday, December 4, 2024, from 1:20 p.m. GMT to 1:55 p.m. GMT at Goldman Sachs 16th Annual Industrials & Autos Week. To watch the live session, visit the following webcast link: https://kvgo.com/gs-industrials-autos-week-2024/stellantis-december Details for watching the fireside chat are also available under the Investors section of the Stellantis corporate website. For those unable to attend the live session, a recorded replay will be accessible following the event. # # # About Ste

AUBURN HILLS, Mich., Nov. 20, 2024 /PRNewswire/ --   Thirty-second "Wiser" spot features J.J. Watt and puts a spotlight on the JJ Watt Foundation, which provides funding to 6th-8th grade after-school athletic programs and organizations across the U.S."Wiser" launches across broadcast, digital and the Ram brand's social media channels"Wiser" follows up the newest spot within Ram brand's "The Calling" campaignRam is an official sponsor of the College Football PlayoffRam launched the latest evolution of the brand's "The Calling" marketing campaign with a new video featuring footb

AUBURN HILLS, Mich., Nov. 20, 2024 /PRNewswire/ --  New 2025 Chrysler Pacifica Family Adventure Vehicle (FAV) Edition enhances family journeys with unique, versatile contentChrysler Pacifica FAV Edition has best-in-class standard overall cargo volume with addition of a black Thule rooftop cargo carrier, which adds nearly 16 cubic feet of cargo volume for total Pacifica FAV cargo volume of more than 156 cubic feet2025 Chrysler Pacifica FAV will offer multi-energy options, including Pacifica gas-powered all-wheel drive, front-wheel drive and Pacifica Plug-in Hybrid FAV configura

Stellantis Launches Third All-New, Multi-energy Platform:  STLA Frame Offers Best-in-Class 690-Mile Electrified Range or 500-Mile BEV Range, Towing and Payload Designed for full-size, body-on-frame trucks and SUVs, STLA Frame is versatile: supports internal combustion, hybrid, hydrogen, battery electric (BEV) and range-extender electric vehicle (REEV) technologiesThe scalable STLA Frame is targeted to deliver best-in-class capabilities, including up to 690 mile/1,100 km of range with REEV and 500 mile/800km with BEV, 2,700-pound payload and 14,000-pound towing capacityDual electric drive modules (EDMs) deliver standard all-wheel drive capability with smooth, independent suspensionEngineere

AUBURN HILLS, Mich., Nov. 19, 2024 /PRNewswire/ --  All-new Dodge Charger Daytona, the next generation of American muscle and the first all-electric vehicle from the Dodge brand, achieves highest residual value in J.D. Power's new electric car segmentJeep® Gladiator ranks No. 1 for residual value among midsize pickups, marking the third time Gladiator has earned a J.D. Power award*Jeep Wagoneer earns award for best residual value among large SUVs for third consecutive yearJeep Wrangler, Grand Cherokee, Wagoneer L and Ram ProMaster rank No. 2 within their respective segmentsSte

AUBURN HILLS, Mich., Nov. 19, 2024 /PRNewswire/ -- New 2025 Jeep® Wrangler 4xe Willys '41 celebrates the original, combat-born-and-bred Jeep – the legendary 1941 Willys MB  Limited-edition model is powered by 4xe capability and features new military olive drab-inspired '41 exterior paint, period-correct Drab Blue hood-side decals and a coming, optional tan soft-topFurther highlights include exclusive '41-painted 17-inch aluminum wheels wrapped in 33-inch all-terrain tires, Army-inspired exterior decals, a unique tan interior, standard rear locker, and front and rear steel bump

Davide Grasso Appointed Stellantis Chief Heritage Officer AMSTERDAM, November 13, 2024 - Stellantis has today announced the appointment of Davide Grasso as Stellantis Chief Heritage Officer reporting to Carlos Tavares, Chief Executive Officer. In this newly created position, he will be responsible for the curation of the history and patrimony of the 14 brands of Stellantis. Creating a bridge between their rich histories and their future directions, this global role will build awareness and connections with customers, brands, communities and the various institutions present in the territories where we operate. The role will be responsible for the partnering with our heritage centers, museum

AUBURN HILLS, Mich., Nov. 13, 2024 /PRNewswire/ -- All-new Jeep® Wagoneer S and Ram 1500 Ramcharger named in Newsweek's first America's Most Anticipated New Vehicles for 2025 Winners chosen based on industry impact, market significance, brand importance and "cool factor" The all-new Jeep® Wagoneer S and Ram 1500 Ramcharger have been awarded Newsweek's inaugural America's Most Anticipated New Vehicles for 2025, marking a significant milestone for both brands.  The Newsweek awards program celebrates 25 vehicles that are new to the market, redesigned, refreshed or equipped with n

Infineon and Stellantis Team Up to Advance Innovation in Power Conversion and Distribution for Next Generation of Vehicle Architectures Collaboration aims to significantly enhance cost, energy efficiency, driver experience and vehicle range Companies signed supply and capacity reservations for PROFET™ power switches and silicon carbide (SiC) CoolSiC™ semiconductors Infineon's scalable production capacity is ready to meet the market demand for automotive semiconductor solutions AMSTERDAM and Munich, Germany ‒ November 7, 2024 ‒ Stellantis N.V. and Infineon Technologies AG (OTCQX:IFNNY) announced today they will work jointly on the power architecture for Stellantis' electric vehicles to su

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Evercore ISI initiated coverage of Stellantis with a rating of In-line

RBC Capital Mkts downgraded Stellantis from Outperform to Sector Perform

Barclays downgraded Stellantis from Overweight to Equal Weight

Wolfe Research downgraded Stellantis from Outperform to Peer Perform

Jefferies downgraded Stellantis from Buy to Hold

Nomura upgraded Stellantis from Neutral to Buy

Deutsche Bank downgraded Stellantis from Buy to Hold

Bernstein initiated coverage of Stellantis with a rating of Mkt Perform

Berenberg downgraded Stellantis from Buy to Hold

Piper Sandler initiated coverage of Stellantis with a rating of Overweight and set a new price target of $39.00

Davide Grasso Appointed Stellantis Chief Heritage Officer AMSTERDAM, November 13, 2024 - Stellantis has today announced the appointment of Davide Grasso as Stellantis Chief Heritage Officer reporting to Carlos Tavares, Chief Executive Officer. In this newly created position, he will be responsible for the curation of the history and patrimony of the 14 brands of Stellantis. Creating a bridge between their rich histories and their future directions, this global role will build awareness and connections with customers, brands, communities and the various institutions present in the territories where we operate. The role will be responsible for the partnering with our heritage centers, museum

AUBURN HILLS, Mich. , Aug. 6, 2024 /PRNewswire/ -- Industry-exclusive program gives customers $10 per horsepower cash allowance toward the purchase of 2023 model-year Dodge Charger SXT, GT and R/T models, 2023 Challenger SXT, GT and R/T modelsDodge Power Dollars available on all 2024 Dodge Durango trims, including SRT 392 and SRT Hellcat modelsFor the first time ever, the 2024 Dodge Hornet is eligible for Dodge Power DollarsDodge Power Dollars starts Aug. 6, 2024For more information on Dodge brand, visit Dodge.comDodge//SRT is making performance even more attainable, expanding

Partnership across six iconic brands – Chrysler, Dodge, Jeep®, Ram, Fiat, and Alfa Romeo - will enable more customer purchasing options through tailored insurance products Stellantis Financial Services US, the captive automotive finance company of Stellantis in North America, today announced a new partnership with bolt, the insurtech with the world's largest technology-enabled insurance exchange, to support customers of Chrysler, Dodge, Jeep®, Ram, Fiat, and Alfa Romeo. bolt's technology will enable Stellantis customers to purchase auto insurance through Stellantis brand websites and mobile apps with a panel of insurers' products. Through this unique partnership, the automotive insuranc

Stellantis Announces Board Composition Change AMSTERDAM, February 15, 2024 – Stellantis N.V. announced today that the Company's Board of Directors intends to propose the appointment of Claudia Parzani as an independent non-executive director of Stellantis at the next Annual General Meeting of Shareholders ("AGM") in 2024. Claudia will be nominated as an independent non-executive director to succeed Kevin Scott, a director of Stellantis appointed on January 4, 2021 for a four-year term that commenced on January 17, 2021. Kevin's resignation for personal reasons will take effect at the end of the 2024 AGM. Claudia is a partner at a global law firm, where she has served in key strategic and

Stellantis Reports Lower Q3 2024 Net Revenues Amid Transitional Periodof Product Upgrades and Inventory Reduction; Confirms Full-Year Guidance Net revenues of €33.0 billion, down 27% compared to Q3 2023, primarily due to lower shipments and unfavorable mix as well as pricing and foreign exchange impactsConsolidated shipments(1) of 1,148 thousand units, were down 279 thousand, or 20% year-over-year. Q3 2024 included production gaps in several models as a global product transition begins, planned North American inventory reductions, and headwinds from a challenging European market environmentProduct blitz remains on track to deliver approximately 20 new models in 2024. Temporary gaps in our l

Stellantis to Announce Third Quarter 2024 Shipments and Revenues on October 31 AMSTERDAM, October 10, 2024 - Stellantis N.V. announced today that its Third Quarter 2024 Shipments and Revenues will be released on Thursday, October 31, 2024. A live webcast and conference call for the Third Quarter 2024 Shipments and Revenues will begin at 1:00 p.m. CET / 8:00 a.m. EDT on Thursday, October 31, 2024. The related press release and presentation materials will be posted under the Investors section of the Company's corporate website (www.stellantis.com) at approximately 8:00 a.m. CET / 3:00 a.m. EDT on Thursday, October 31, 2024. Details for accessing the live webcast and conference call are al

Update - Stellantis Will Post First Half 2024 Results at 7:30 a.m. CEST / 1:30 a.m. EDT on July 25 AMSTERDAM, July 10, 2024 - Stellantis N.V. announced today that its First Half 2024 Results and presentation material will be posted under the Investors section of the Company's corporate website (www.stellantis.com) at approximately 7:30 a.m. CEST / 1:30 a.m. EDT on Thursday, July 25, 2024. The live webcast and conference call of the First Half 2024 Results will begin at 2:00 p.m. CEST / 8:00 a.m. EDT on Thursday, July 25, 2024. Details for accessing the live webcast and conference call are already available under the Investors section of the Stellantis corporate website. For those unable t

Stellantis to Announce First Half 2024 Results on July 25 AMSTERDAM, July 1, 2024 - Stellantis N.V. announced today that its First Half 2024 Results will be released on Thursday, July 25, 2024. A live webcast and conference call of the First Half 2024 Results will begin at 2:00 p.m. CEST / 8:00 a.m. EDT on Thursday, July 25, 2024. The related press release and presentation materials are expected to be posted under the Investors section of the Company's corporate website (www.stellantis.com) at approximately 8:00 a.m. CEST / 2:00 a.m. EDT on Thursday, July 25, 2024. Details for accessing the live webcast and conference call are already available under the Investors section of the Stellan

Stellantis 2024 Investor Day Highlights: Powerful Differentiators, Unique Flexibility and Exceptional Returns Stellantis is a highly differentiated OEM lending it specific advantages against a dynamic and disruptive industry backdropStandout, multi-energy technology and manufacturing flexibility enable it to leverage its competitive advantages across a wide variety of electrification adoption scenariosStellantis is addressing 2024 headwinds thoughtfully and will continue to deliver industry-leading profitability, affirming its 2024 financial guidance Company is committed to powerful capital returns, thanks to its strong balance sheet and profitable business model AUBURN HILLS, MICHIGAN, U

Stellantis Reiterates 2024 Financial Guidance and H1/H2 ColorUpdated Capital Framework Supports Strong Returns AMSTERDAM, June 13, 2024 – Today at the first Stellantis Investor Day at 8:00 a.m. EDT / 2:00 p.m. CEST in Auburn Hills, Michigan, U.S., CEO Carlos Tavares will outline the Company's nine key strategic differentiators that the Company is leveraging to unlock value and address the disruption and reinvention of the auto industry worldwide. Chief Financial Officer Natalie Knight and other members of the Top Executive Team will share updates on the Company's regions, functions and brands. Stellantis management confirms its 2024 financial guidance and capital return plan: Double-di

Stellantis Reports Q1 2024 Net Revenues and ShipmentsReflecting New Product Transition Net revenues of €41.7 billion, down 12% compared to Q1 2023 primarily due to volume, mix and foreign exchange headwinds, partly offset by firm net pricingConsolidated shipments(1) of 1,335 thousand units, down 10%, reflecting production actions and inventory management to prepare for new product wave in H2 2024 compared with strong shipments in Q1 2023 to build inventory following a prolonged period of supply constraintsTotal new vehicle inventory of 1,393 thousand units (Company inventory of 423 thousand units) at March 31, 2024, reflecting improving level and structure versus December

Stellantis to Announce First Quarter 2024 Shipments and Revenues on April 30 AMSTERDAM, April 17, 2024 - Stellantis N.V. announced today that its First Quarter 2024 Shipments and Revenues will be released on Tuesday, April 30, 2024. A live webcast and conference call of the First Quarter 2024 Shipments and Revenues will begin at 2:00 p.m. CEST / 8:00 a.m. EDT on Tuesday, April 30, 2024. The related press release and presentation materials are expected to be posted under the Investors section of the Company's corporate website (www.stellantis.com) at approximately 8:00 a.m. CEST / 2:00 a.m. EDT on Tuesday, April 30, 2024. Details for accessing the live webcast and conference call are alr

Results of Stellantis 2024 Annual General Meeting AMSTERDAM, April 16, 2024 - Stellantis N.V. ("Stellantis") announced today that all resolutions submitted to shareholders for approval at the Annual General Meeting of Shareholders (AGM), which was held in person and webcast live on the Stellantis website, were adopted, including the proposal to approve a EUR 4.7 billion dividend distribution on common shares. The proposed distribution will result in a payment to holders of common shares of EUR 1.55 per outstanding common share. Holders of common shares traded on the NYSE will receive USD 1.651680 per common share based on the USD/EUR foreign exchange reference rate reported by the Europea

AUBURN HILLS, Mich., Feb. 26, 2024 /PRNewswire/ -- Jeep® Grand Cherokee, the most awarded SUV ever, earns Automotive Loyalty Award for its ability to retain owners over repeat buying cyclesJeep Grand Cherokee has won 13 S&P Global Mobility awards since 1997Award applies to entire Grand Cherokee lineup, including two-row Grand Cherokee, three-row Grand Cherokee L and plug-in hybrid Grand Cherokee 4xe, which delivers 56 MPGe, 25 miles all-electric range and 470-mile total rangeAutomotive Loyalty Awards by S&P Global Mobility are determined when a household that owns a new vehicl

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Stellantis NV (NYSE:STLA) stock plunged after the automaker reported dismal financial results for the first half of 2024 on Thursday. Net revenue was 85 billion euros ($91.53 billion), down 14% year over year, primarily due to the decline in volume and mix. First half net profit came in at 5.6 billion euros ($6.07 billion). That’s down 48% compared to the first half of 2023. Adjusted EPS declined by 35% Y/Y to 2.36 euros. Combined shipments declined by 12% year over year to 2.93 million units. Consolidated shipment decreased by 10% year over year to 2.87 million units. Adjusted operating income (AOI) declined by 40% year over year to 8.5 billion euros, primarily due to

U.S. stock futures were lower this morning, with the Nasdaq futures dipping around 0.5% on Thursday. Shares of Ford Motor Company (NYSE:F) fell sharply in today's pre-market trading following a second-quarter earnings miss. Ford reported second-quarter revenue of $47.8 billion, up 6% year-over-year. The revenue beat a Street consensus estimate of $44 billion according to data from Benzinga Pro. The company reported quarterly earnings per share of 47 cents, missing a Street consensus estimate of 68 cents. Ford Motor shares dipped 13% to $11.90 in the pre-market trading session. Here are some big stocks recording losses in today's pre-market trading session. Edwards Lifescience

In the wake of second-quarter earnings announcements, shares of leading automakers such as Ford Motor Company (NYSE:F), Tesla Inc. (NASDAQ:TSLA), and General Motors Company (NYSE:GM) experienced a downturn on Thursday. What Happened: Tesla’s shares fell by 2.03%, Rivian Automotive Inc‘s (NASDAQ:RIVN) by 3.13%, and GM’s by 1.91%. Stellantis NV (NYSE:STLA) and Ford suffered the most significant declines at 6.84% and 13.46%, respectively, according to Benzinga Pro data. Despite a modest 2% increase in revenue, Tesla’s second-quarter earnings per share did not meet expectations. Investors expressed concerns about a lower-than-expected auto gross margin and free cash flow. CEO Elon Musk’s c

GUIDANCE AND OUTLOOK: The Company is reiterating financial guidance of double-digit AOI margin(2) in 2024, as well as positive Industrial free cash flow(3), despite macroeconomic uncertainties.

Stellantis (NYSE:STLA) reported quarterly earnings of $2.54 per share. This is a 31.9 percent decrease over earnings of $3.73 per share from the same period last year. The company reported $91.53 billion in sales this quarter. This is a 14.63 percent decrease over sales of $107.21 billion the same period last year.

An early exposure to financial markets, a strong desire to build on his father’s legacy, and an innovative approach to an archaic industry helped turn Robert McEwen into one of the most successful mining executives. After completing a round of financing for an advance-stage copper project in Argentina, McEwen spoke to Benzinga about his beginnings, Goldcorp‘s transformation, and plans for his current venture, McEwen Mining (NYSE:MUX). Veteran’s Apprentice After contracting polio in WW2, Robert's father, Donald McEwen, turned to business, becoming a stockbroker and a fund manager. "Our dining room table was always a discussion about gold, and he had me charting stocks when I was a

Stellantis NV (NYSE:STLA) is recalling nearly 20,000 of its Pacifica Plug-In hybrid vehicles (PHEVs) in the U.S. over concerns that its battery pack may cause a vehicle fire when parked, even when the ignition is switched off. What Happened: The recall population includes 15,910 model year 2017-2018 and 3,606 model year 2019-2021 Pacifica PHEVs. The vehicles may experience a short within the battery pack which could cause a vehicle fire, the U.S. auto safety regulator National Highway Traffic Safety Administration (NHTSA) said on Tuesday. Certain Chrysler Pacifica plug-in hybrid minivans were recalled in early 2022 over similar concerns and issued a fixed. However, the company receive

LG Energy Solution Ltd., a South Korean battery manufacturer, is slowing down the construction of its third plant with General Motors Co. (NYSE:GM) in Michigan due to weak demand for electric vehicles and concerns over potential political shifts in the U.S. LG Energy said it is "adjusting the speed of overall investment" and exploring "flexible operation" options for its facilities, according to a message sent to Bloomberg News. LG Energy and GM commenced the project in 2022 with an investment of approximately $2.6 billion, targeting the first half of next year for operational commencement. Also Read: GM’s Cruise Attempts To Build Better Relations With Emergency Responders After I