Company Participants Natalie Knight - Chief Financial Officer Philippe Houchois - Jefferies Dorothee Cresswell - BNP Paribas Exane Operator Ed Ditmire Before we begin, I want to point out that any forward-looking statements we might make during today's call are subject to the risks and uncertainties mentioned in the Safe Harbor statement included on page two of today's presentation. Let's get started. First of all 2023 was one more record year for our company. A record in net revenues plus 6%, a record in n ...

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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 Janu ...

(L-R) United Auto Workers (U.A.W.) members Kaleb Delfine, Bryan Broecker, Michael Gatto and James Triplett picket outside the Jeep Plant on September 18, 2023 in Toledo, Ohio.Global auto giant Stellantis on Thursday reported a 10% year-on-year fall in profit in the second half of 2023, as six-week strikes at the so-called "Detroit Three" automakers hampered production in the group's North American profit epicenter.Adjusted operating income (AOI) came in at 10.2 billion euros ($10.96 billion) for the July to ...

Stellantis Approves Share Buyback Program AMSTERDAM, February 15, 2024 – The Stellantis Board of Directors approved a share buyback program of up to €3 billion (total purchase price excluding ancillary costs) to be executed on the market. The Company intends to cancel the common shares acquired through the share buyback program apart from a portion of up to €0.5 billion, which may be used to service share-based compensation and employee stock purchase plans. The shares will be purchased over a period endi ...

Stellantis Employees Rewarded Nearly €1.9 Billion Worldwide for 2023 Performance, Totaling €6 Billion Since Company Creation Variable pay and profit-sharing* packages reflect 2023 global financial results and performance of each country in their respective demanding and competitive contextsAdditional Company matching contribution through new employee share purchase plan - Shares to Win - launched in late 2023 in France and Italy; expanding to up to 242,000 eligible employees in 2024Stellantis' "pay for per ...

    Stellantis Delivers Record Net Revenues, Net Profit, Industrial Free Cash Flows for Full Year 2023 Net revenues of €189.5 billion, up 6% compared to 2022, with consolidated shipment volumes increasing 7%Net profit grew 11% to €18.6 billion. Adjusted operating income(1) rose 1% to €24.3 billion, with AOI margin of 12.8%Industrial free cash flows(2) of €12.9 billion, an increase of 19% compared to 2022Strong balance sheet, with Industrial available liquidity at €61.1 billion LEV sales up 27% in 2023, with ...

AUBURN HILLS, Mich., Feb. 14, 2024 /PRNewswire/ -- bproauto aftermarket parts brand launches revised bproautoparts.com. Newly expanded website includes search by part number or vehicle fitment, dealer locator, region selection tool for U.S., Canada and Mexico and much more. Newly expanded website includes search by part number or vehicle fitment, dealer locator, region selection tool for U.S., Canada and Mexico and much more  Proven second-line brand of high-quality aftermarket parts costs less than or ...

AUBURN HILLS, Mich., Feb. 14, 2024 /PRNewswire/ --  Fiat 500e Named 2024 Urban Green Car of the Year by Green Car Journal All-new Fiat 500e, Stellantis' first BEV offering in North America, awarded 2024 Urban Green Car of the Year by Green Car Journal 42-kWh lithium-ion battery delivers a combined estimated electric range of 149 miles Every 2024 FIAT 500e comes with a Level 2 charging wall unit or public charging credits through Free2move Charge At just over 3,000 pounds, the Fiat 500e is the lightest ...

Stellantis recently announced that it is the latest automaker to adopt the North American Charging System (NACS) -- known to some as the Tesla plug after the American EV startup that pioneered the standard -- starting with new electric vehicle models coming in 2025. This means that now every major automaker that currently sells or plans to sell electric cars in North America is onboard with NACS.Formerly Fiat Chrysler Automobiles before rebranding in 2021, Stellantis is a global conglomerate of American and ...