Group 1 - Ituran Location and Control Ltd. has announced a new multi-year service agreement with Stellantis in South America, which may expand to additional markets [1][2] - The partnership aims to enhance vehicle security and connectivity for Stellantis customers, leveraging Ituran's advanced stolen vehicle recovery and tracking solutions [2] - Ituran is the largest OEM telematics provider in Latin America, with a subscriber base of approximately 2.5 million users of its location-based services [3][4] Group 2 - Stellantis is the largest car manufacturer in Latin America, encompassing brands such as Fiat, Jeep, and Peugeot [2] - Ituran has been growing its subscriber base significantly since its inception in 1995 and currently employs around 3,000 people globally [4] - The company operates in over 20 countries, providing a full suite of location-based services for connected cars, including fleet management and personal security [3]