Core Points - Chrysler is celebrating its 100th anniversary in 2025 with the Chrysler Century of Innovation summer celebration at the Carlisle Chrysler Nationals from July 11-13 [1][2][6] - The event will feature historic Chrysler vehicles, a display including the Stow 'n Go Challenge, and a Q&A session with Chrysler brand CEO Chris Feuell [4][6] - The Chrysler Pacifica, known for its Stow 'n Go seating and storage system, continues to lead the minivan segment and will showcase the new 2026 Chrysler Pacifica 100th Anniversary Edition [8][11] Historical Vehicles - The event will display significant Chrysler models including the 1924 Chrysler Six, 1934 Chrysler Airflow, 1955 Chrysler 300, 1963 Chrysler Turbine Car, 1995 Chrysler Atlantic Concept, and the Chrysler Halcyon Concept [7][6] - The Chrysler Airflow is recognized as the first modern automobile, while the Chrysler 300 is noted as America's first modern muscle car [7] Stow 'n Go Challenge - The Stow 'n Go Challenge will allow participants to test how quickly they can store road-trip gear in a 2025 Chrysler Pacifica equipped with the Stow 'n Go system [4][5] - The Stow 'n Go system has been a significant innovation for Chrysler, with 5 million minivans sold featuring this technology since its introduction in 2005 [5] New Releases and Future Plans - Chrysler plans to release a refreshed Pacifica in 2026, a new crossover, and a third product inspired by the Halcyon concept [10] - The Chrysler Pacifica Plug-in Hybrid achieves 82 MPGe with an all-electric range of 32 miles and a total range of 520 miles, highlighting Chrysler's commitment to modern family needs [11] Merchandise and Branding - Limited-edition 100th anniversary branded apparel and merchandise will be available for purchase at the event [9] - The Chrysler brand emphasizes its legacy of innovation and engineering excellence as it celebrates this milestone [10]

Core Insights - Stellantis is launching a simplified two-tier connected services offering for its U.S. customers, effective July 2025, aimed at enhancing clarity and value [1][3][7] Group 1: New Connected Services Packages - The new packages include Connect ONE, which is provided at no extra cost and is active for 10 years, offering essential features [2][6] - Connect Wi-Fi PLUS is a premium subscription service that provides unlimited Wi-Fi data, available for a trial period of three months at no charge, after which it costs $17.99 per month [4][5] Group 2: Customer-Centric Design - Connect ONE significantly extends the duration of several safety and vehicle performance services, doubling the duration of Vehicle Health and Service Scheduling features from five to 10 years [6] - Remote lock/unlock access is also extended from three months to 10 years, enhancing customer control and convenience [6] Group 3: Feature Availability - Key features included in the new packages are over-the-air software updates, vehicle health reports, remote lock/unlock, digital key access, and Wi-Fi hotspot capabilities [8] - The new services will be available for eligible new and used Dodge, Jeep®, Ram, and FIAT vehicles starting July 2025, with Chrysler and Alfa Romeo vehicles to follow [9] Group 4: Activation and Management - Customers can activate connected services at the dealership, with the Connect ONE package automatically included with the vehicle [11] - Existing customers with eligible vehicles can activate the new services starting in July 2025 [9]

Core Viewpoint - Fitch Ratings plans to withdraw its rating of Stellantis NV around August 8, 2025, for commercial reasons [1] Group 1 - Fitch Ratings' decision is based on commercial considerations rather than performance-related issues [1]

Group 1 - The core viewpoint is that Bank of America has downgraded Stellantis (STLA.US) from "Buy" to "Neutral," reducing the target price from $16.5 to $11.75, indicating that it is too early to consider bottom-fishing despite a significant stock decline [1][2] - Stellantis is expected to see a recovery in U.S. sales driven by the launch of key models, but the European market remains a concern due to its disadvantage in the electric vehicle sector and increasing competition [1][2] - The new CEO Antonio Filosa faces challenges, including low U.S. sales and tariffs on Mexican imports, which account for 40% of Stellantis' U.S. sales, while new models will not significantly impact until FY2026 [2] Group 2 - Stellantis' performance is anticipated to be weak, with Bank of America projecting an adjusted EBIT of €2.5 billion for the first half, which is 15% lower than market expectations, and forecasts for FY2025 and FY2026 EBIT also below market consensus [2] - On a positive note, Stellantis' profitability is expected to rebound, with a projected 13% year-over-year revenue growth in the U.S. for FY2026, primarily driven by new Jeep and RAM models [3] - Strategic choices, including potential brand restructuring or splitting the group into North American and other operations, could support valuation and improve performance outlook [3]

Company Performance - Stellantis closed at $9.80, reflecting a -4.95% change from the previous day, which is less than the S&P 500's daily loss of 0.79% [1] - Over the past month, Stellantis shares have appreciated by 4.46%, outperforming the Auto-Tires-Trucks sector's loss of 2.1% and lagging behind the S&P 500's gain of 5.22% [1] Earnings Forecast - The upcoming earnings report for Stellantis is scheduled for July 29, 2025, with projected earnings of $1.96 per share and revenue of $180.11 billion, indicating changes of -26.87% and -12.19% from the prior year, respectively [2] Analyst Estimates - Recent modifications to analyst estimates for Stellantis reflect shifting short-term business dynamics, with upward revisions indicating analysts' positive outlook on the company's operations and profit generation [3] Zacks Rank and Valuation - Stellantis currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate moving 0.1% lower over the past month [5] - The company is trading at a Forward P/E ratio of 5.26, which is a discount compared to its industry's Forward P/E of 9.62 [6] Industry Context - The Automotive - Foreign industry, part of the Auto-Tires-Trucks sector, has a Zacks Industry Rank of 232, placing it in the bottom 7% of over 250 industries [6] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Group 1 - Stellantis' automotive production in Italy decreased by one-third in the first half of this year, with a projected further decline from the decades-low levels expected in 2024 [1][3] - The production of passenger cars fell by 34% and commercial vehicles by 16% in the first six months of 2025, with total production down by 27% [2] - The company faces challenges under new CEO Antonio Filosa, with a 10% drop in sales in the crucial U.S. market and declining registration numbers in Europe [1][3] Group 2 - Stellantis' five manufacturing plants in Italy all experienced production declines, particularly the Pomigliano d'Arco plant, which produces 64% of Italy's cars, including the best-selling Fiat Panda, which saw a 15% drop in production [1] - The union warns that the usage of social security systems may rise, currently affecting nearly half of the group's employees [2] - The outlook for production in Italy is not expected to improve due to weak demand and the industry's transition to electric vehicles, with Stellantis' stock price down by one-third this year, currently valued at €25.3 billion (approximately $29.6 billion) [3]

Group 1 - Tesla's stock price fell by 7.6% in pre-market trading, marking the largest decline since early June, with a year-to-date drop of 22% [1] - Shell Plc anticipates a significant decrease in contributions from its oil and gas trading business for Q2 compared to Q1 [1] - Google faces antitrust complaints from independent publishers regarding its AI summaries [1] Group 2 - Huya Inc. saw a pre-market increase of 2.4% after acquiring broadcasting rights for the 2025 Esports World Cup in Riyadh, Saudi Arabia [1] - Honda has halted the development of a large SUV, which was part of its electric vehicle strategy [1] - Stellantis reported a 10% year-over-year decline in vehicle deliveries in the U.S. market for Q2, totaling 309,973 units [1] - Trump Media & Technology Group has launched a global television live streaming service [1]

Group 1 - Major stock indices are experiencing declines, with Dow futures down 0.20%, S&P 500 futures down 0.48%, and Nasdaq futures down 0.63% [1] - Tesla's stock dropped over 7% following Elon Musk's announcement to form a third political party, raising concerns among investors about potential impacts on the company's stock price [1] - Alibaba's stock fell over 1% amid a fierce competition in the food delivery market with Meituan, as both companies are offering substantial discounts to attract users [1] Group 2 - Shell's stock declined over 3% after the company reported weak second-quarter data, with lower-than-expected earnings from downstream operations [2] - Bank of America downgraded Stellantis' rating to neutral due to concerns over its European business and anticipated weak performance, projecting a 15% year-over-year decline in revenue for the first half [2] - JPMorgan expressed caution regarding the future of stablecoins, predicting the market size will only reach $500 billion by 2028, citing a lack of mainstream adoption [2] Group 3 - Retail investors in the U.S. achieved a record high in stock trading, with total transactions exceeding $6.6 trillion in the first half of 2025 [3] - Oracle is offering significant discounts on its licensed software and cloud services to U.S. government agencies, with a 75% discount on software [3]

Core Viewpoint - Citigroup maintains a "neutral" rating on Stellantis (STLA.US) with a target price of €9 (approximately $10.57) based on June U.S. auto sales data, indicating ongoing challenges in the company's sales performance and market share [1] Group 1: U.S. Auto Sales Overview - In June, U.S. new vehicle registrations totaled 1.254 million, a year-on-year increase of 3.8%, with a seasonally adjusted annual rate (SAAR) of 15.3 million, down from 17.8 million in March [1] - Stellantis' new vehicle registrations in June fell by 21% year-on-year, with a second-quarter decline of 11%, and a year-to-date market share of 7.4%, down 130 basis points [1][4] - The overall U.S. market saw a second-quarter growth of 2%, reaching 4.2 million vehicles sold, while Stellantis' second-quarter sales were 306,000 units, reflecting a year-on-year decline of 11% [3] Group 2: Market Share and Competitive Position - Stellantis' market share in the U.S. for 2025 is projected at 7.4%, compared to 9.0% in 2024, indicating a significant decline in competitive positioning against leaders like GM (17.6%) and Toyota (15.2%) [4] - The company is identified as a market share loser this year, with a decline of 130 basis points, while competitors like GM and Ford have gained market share [4] Group 3: Sales Performance and Inventory Management - Stellantis' average dealer discount per vehicle is $4,842, which is higher than competitors like Ford ($3,700) and GM ($3,500), although it has decreased from a recent high of $6,400 [5] - Dealer inventory for Stellantis is currently around 270,000 vehicles, with a supply period of approximately 68 days, which is better controlled compared to previous levels [5] Group 4: Future Outlook - Citigroup views Stellantis as a "deep value" asset, suggesting that the company's low valuation reflects below-sustainable operating margins [7] - The company may achieve some improvements in sales and market share in the second half of 2025, but a comprehensive U.S. cost plan is deemed necessary for a true recovery [7]

Group 1 - The market capitalization of global automotive manufacturers has shown significant changes as of July 4, 2025, with Volkswagen leading at $548.09 billion, followed by General Motors at $508.5 billion and Ford at $469.63 billion [1][4]. - Notable increases in market value were observed for companies like Maruti Suzuki (+4.78%), Honda (+8.19%), and SAIC (+12.78%), indicating strong performance in the automotive sector [4][5]. - Companies such as Porsche and Stellantis experienced slight declines in their market values, with Porsche down by 1.14% and Stellantis down by 0.57%, reflecting mixed performance across the industry [4]. Group 2 - Emerging players like Li Auto and Xpeng have shown varying market capitalizations, with Li Auto at $265.5 billion and Xpeng at $179.59 billion, highlighting the competitive landscape in the electric vehicle segment [4][5]. - Traditional manufacturers like Nissan and Subaru have seen declines in their market values, with Nissan down by 1.74% and Subaru down by 0.56%, suggesting challenges in maintaining market position [5]. - The overall automotive market is characterized by a mix of growth among certain manufacturers and declines among others, indicating a dynamic and competitive environment [4][5].