DETROIT — Stellantis has redesigned its large Ram heavy-duty trucks — and it's betting those updates will help reverse three consecutive years of sales declines for the brand.The new Ram 2500 and 3500 pickups and chassis cab trucks feature updated interior and exterior designs, as well as a new 6.7-liter Cummins turbo diesel engine that produces 430 horsepower and a best-in-class 1,075 foot-pounds of torque, according to the automaker.The heavy-duty trucks are expected to arrive in U.S. dealers during the f ...

The heyday of Chrysler appears long gone.A series of mergers has turned the once-ubiquitous Chrysler Corporation into a piece of the larger Euro-American automaker Stellantis. Once a relatively diversified brand, with sedans, SUVs, and even a convertible, Chrysler now has only two models, both of them different versions of the same minivan.The Chrysler brand sold nearly 600,000 vehicles in 2005. In 2024, it sold fewer than 125,000 — an 80% decline in two decades."Chrysler as a brand has been very, very, und ...

On 1st December evening, Stellantis (NYSE: STLA ) announced that the Board had accepted CEO Carlos Tavares’ resignation with immediate effect. In our last analysis, we were already looking ahead with a publication called It's Time ToBuy-side hedge professionals conducting fundamental, income oriented, long term analysis across sectors globally in developed markets. Please shoot us a message or leave a comment to discuss ideas.DISCLOSURE: All of our articles are a matter of opinion, informed as they might be ...

Stellantis Successfully Completes Comau Transaction One Equity Partners (OEP) becomes majority shareholder of Comau; Stellantis will remain an active minority shareholderTransaction supports Comau's long-term stability and positions it for future growth AMSTERDAM, December 30, 2024 – Stellantis N.V. today announced that One Equity Partners ("OEP"), a middle market private equity firm, has completed its majority investment in Comau S.p.A. ("Comau"), a global technology company specializing in industrial auto ...

Stellantis Emissions Violations - Stellantis to pay $4 2 million to California Air Resources Board for vehicles emitting pollutants beyond legal limits [1] - Certain models equipped with unauthorized devices released nearly 55 tons of excess nitrogen oxides [1] - Affected vehicles include 2014-2016 Ram ProMaster Ram 1500 2500 and 3500 with 3 0-liter diesel engines [5] - Stellantis will recall and modify these vehicles to meet California's emissions standards [5] - More than $2 million of the penalty will go to California's Air Pollution Control Fund [10] - Remaining $2 1 million to support program encouraging cargo ships to slow down during peak whale and ozone seasons [10] Historical Emissions Issues - Stellantis paid $305 million civil fine in 2019 for illegal software in 2014-2016 Ram 1500 and Jeep Grand Cherokee vehicles [2] - Company recalled and repaired more than 100 000 vehicles spending around $800 million [2] - In 2022 Stellantis reached plea deal with Justice Department agreeing to pay $96 1 million in fines and forfeit $203 6 million [6] - In 2021 Stellantis paid $5 6 million in California for non-compliant gasoline-powered vehicles [6] Auto Industry Stocks - Dorman Products Inc (DORM) Geely Automobile Holdings Limited (GELYY) and Blue Bird Corporation (BLBD) each sporting Zacks Rank 1 (Strong Buy) [7] - Zacks Consensus Estimate for DORM's 2024 sales and earnings suggests year-over-year growth of 3 66% and 51 98% respectively [4] - EPS estimates for DORM's 2024 and 2025 have improved 75 cents and 88 cents respectively in the past 60 days [4] - Zacks Consensus Estimate for BLBD's fiscal 2025 sales and earnings indicates year-over-year growth of 10 97% and 12 14% respectively [8] - EPS estimates for BLBD's fiscal 2025 have jumped 18 cents in the past 30 days [8] - Zacks Consensus Estimate for GELYY's 2024 sales and earnings calls for year-over-year growth of 51 88% and 216 67% respectively [9] - EPS estimates for GELYY's 2024 and 2025 have risen a penny and 12 cents respectively in the past 30 days [9]

AUBURN HILLS, Mich., Dec. 19, 2024 /PRNewswire/ -- Dodge is supercharging the holiday season and delivering a horsepower-packed gift down the chimney, announcing production of HEMI®-powered Dodge Durango models will continue into the 2025 calendar year. Dodge beats Santa to the punch with an early holiday gift, announces Dodge Durango SRT Hellcat, powered by the 710-horsepower supercharged 6.2-liter HEMI® Hellcat V-8 engine, and Durango R/T with the 5.7-liter HEMI will continue into 2025 calendar year ...

DETROIT — Stellantis said Wednesday it will further delay an all-electric Ram pickup from 2025 until 2026, as the automaker confronts slower-than-expected adoption of EVs and competitors struggle to make profits on electric trucks.The decision to delay the full battery-electric model, which had already been postponed from this year, will help in prioritizing an electric range-extended version of the truck called the Ramcharger that features a gas engine combined with EV technologies, the company said."The d ...

AUBURN HILLS, Mich., Dec. 18, 2024 /PRNewswire/ -- Stellantis announced today that it has made the decision to pull launch timing of its range-extended Ram 1500 Ramcharger ahead of Ram 1500 REV, the company's first battery-electric light duty pickup truck. Ram brand originally planned to launch the Ram 1500 REV in the first half of 2025.The decision to launch Ramcharger first was driven by overwhelming consumer interest, maintaining a competitive advantage in the technology and slowing industry demand for h ...

Stellantis N.V. (STLA) and CATL have agreed to invest up to €4.1 billion to establish a joint venture for a large-scale lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. This carbon-neutral facility will be developed in phases and is planned to begin production by late 2026. The plant’s capacity could reach up to 50 GWh, contingent on the evolution of Europe's electric market and ongoing support from Spanish and European Union authorities.The 50-50 partnership aims to strengthen Stellantis’ LFP ...

AUBURN HILLS, Mich., Dec. 11, 2024 /PRNewswire/ -- 2025 Ram 1500 excels in all competition categories: advancement in design, engineering excellence, efficiency, safety, value and performance of intended function Wide range of trim levels, performance capabilities of 3.0-liter Hurricane Straight-Six Turbo engine help boost 2025 Ram 1500 to the top of field of 18 A standalone brand for 15 years, Ram has earned MotorTrend Truck of the Year seven times Ram 1500 Reigns as MotorTrend 2025 Truck of the Year® ...