Stellantis N.V. (STLA) is improving mobility for its 14 brands with new connected features, boosting software and services revenues by 2.5 times since 2021 and increasing global subscribers to five million. The monetizable car parc has grown 15% to 13.8 million vehicles, with more than 94 million over-the-air (OTA) updates in 2023. Per Yves Bonnefont, chief software officer at Stellantis, the company's shift from a traditional auto industry mindset to a startup-like approach, emphasizing speed and in-house ...

AUBURN HILLS, Mich., June 17, 2024 /PRNewswire/ -- The Dodge brand today announced a partnership extension with the Tony Stewart Racing (TSR) Nitro organization to continue fielding two nitro-burning entries (Top Fuel and Funny Car) in the National Hot Rod Association (NHRA) Mission Drag Racing Series. The Dodge brand today announced a partnership extension with the Tony Stewart Racing (TSR) Nitro organization to continue fielding two nitro-burning entries (Top Fuel and Funny Car) in the National Hot Rod As ...

I have been bullish on Stellantis (NYSE:STLA) for about two years now, riding the stock from $14 per share to approximately $22 per share, a gain of 76% (including dividends), while the S&P 500 returned "only" about 33%. In 2024 YTD, however, Stellantis shares struggled to match the performance of the broader U.S. equity markets, with a negative 6% return, compared to a 10% gain for the S&P 500 (SP500). Figure 24: US inventories and incentives expanded in April US INVENTORY DAYS' SUPPLY YTD 100 90 80 70 60 ...

| --- | --- | --- | --- | --- | |------------|------------------------------|----------------------------------------------|------------------------------------------|--------| | Date | Number of Shares Repurchased | Average Market Purchase Price in € per share | Repurchased Volume in € (excluding fees) | Venues | | 07-Jun2024 | 1 281 247 | €20.1386 | €25 802 470 | MILE | | 10-Jun2024 | 955 312 | €19.9347 | €19 043 905 | MILE | | 11-Jun2024 | 1 194 400 | €20.1017 | €24 009 529 | MILE | | 12-Jun2024 | 722 40 ...

Stellantis to Have 'Asset-Light' China Strategy STLA TradingView Key Takeaways Tavares added that Stellantis would have an "asset-light" strategy to keep on the offensive and protect it from China's EV push. He argued that his company's China strategy is more robust than its competitors'. Shares of Stellantis dropped 5% as of 11:07 a.m. ET Friday to $20.02, their lowest level this year. bmccoll published on TradingView.com, Jun 14, 2024 10:43 UTC-4 Stellantis N.V., 1D, NYSE 20.09 –0.99 (–4.70%) Short of the ...

Consumers can now visit Jeep.com to place a reservation for a Jeep Wagoneer S Launch Edition – for only $100 and fully refundable – and be the first to get behind the wheel of this new vehicle. A building wrap of the all-new, all-electric 2024 Jeep® Wagoneer S Launch Edition, measuring over 15,000 square feet and 10 floors, appears on the tower at Stellantis North America headquarters in Auburn Hills, Michigan. A building wrap of the all-new, all-electric 2024 Jeep® Wagoneer S Launch Edition, measuring over ...

AUBURN HILLS, Mich. – Stellantis has achieved 8.4 billion euros ($9 billion) in cost reductions from the merger of Fiat Chrysler and PSA Groupe that created the company in January 2021, CEO Carlos Tavares said Thursday. Tavares did not go into details about where the company overachieved on the savings, but cost-cutting has been a critical mission of the veteran automotive executive. Cost-saving measures have included reshaping the company's supply chain and operations, as well as headcount reductions. Sinc ...

AUBURN HILLS, Mich. – Stellantis expects to grow sales of Jeep vehicles globally by 50% in the next three years, as the automaker attempts to leverage the quintessential American SUV brand for increased profits. Jeep plans to expand its vehicle nameplates from 10 to 13 by 2027, Jeep CEO Antonio Filosa said Thursday during Stellantis's investor day at its North American headquarters. Those vehicles will include 27 different powertrain offerings – traditional internal combustion engine, hybrid, extended-range ...

Stellantis Unveils Multiple World Premiere Software-Driven Products Addressing B2C and B2B Customers Global software revenues grow 2.5 times in three years with accretive margins; monetizable connected car parc grows to 13.8 million vehicles Stellantis delivered more than 94 million over-the-air (OTA) updates in 2023, enhancing the mobility experience of current owners Users of subscription-based products topped 5 million in 2023 Next-generation technology platforms – STLA Brain, STLA SmartCockpit and STLA ...

Stellantis is a highly differentiated OEM lending it specific advantages against a dynamic and disruptive industry backdrop Standout, multi-energy technology and manufacturing flexibility enable it to leverage its competitive advantages across a wide variety of electrification adoption scenarios Stellantis 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 ...