Davide Grasso Appointed Stellantis Chief Heritage Officer AMSTERDAM, November 13, 2024 - Stellantis has today announced the appointment of Davide Grasso as Stellantis Chief Heritage Officer reporting to Carlos Tavares, Chief Executive Officer. In this newly created position, he will be responsible for the curation of the history and patrimony of the 14 brands of Stellantis. Creating a bridge between their rich histories and their future directions, this global role will build awareness and...
Infineon and Stellantis Team Up to Advance Innovation in Power Conversion and Distribution for Next Generation of Vehicle Architectures Collaboration aims to significantly enhance cost, energy efficiency, driver experience and vehicle range Companies signed supply and capacity reservations for PROFET™ power switches and silicon carbide (SiC) CoolSiC™ semiconductors Infineon’s scalable production capacity is ready to meet the market demand for automotive semiconductor solutions AMSTERDAM...
Stellantis Advances Technologies, Achieves Commercial Successes In Transition to Next-Generation Products in Key Global Markets Stellantis is the top-selling automaker in France, Italy, Brazil, Portugal, Turkey, Algeria and Argentina year-to-date through September; Stellantis is in the top three in Germany, Spain and United Kingdom Stellantis U.S. market share grew from 7.2% in July to 8% in September; U.S. brands continue to show strong sales momentum U.S. dealer inventory level was reduced by...
Stellantis Reports Lower Q3 2024 Net Revenues Amid Transitional Period of Product Upgrades and Inventory Reduction; Confirms Full-Year Guidance Net revenues of € 33.0 billion, down 27% compared to Q3 2023, primarily due to lower shipments and unfavorable mix as well as pricing and foreign exchange impacts Consolidated shipments (1) of 1,148 thousand units, were down 279 t housand, or 20% year-over-year. Q3 2024 included production gaps in several models as a global product transition begins,...
Stellantis and Factorial Take Next Step to Accelerate the Future of Electric Vehicles with Solid-State Battery Technology Stellantis is incorporating Factorial’s solid-state batteries into a demonstration fleet of all-new Dodge Charger Daytona vehicles based on the STLA Large platform. These EVs will be on the road by 2026, representing a key next step in bringing solid-state battery technology to mass production. By utilizing Factorial’s solid-state battery technology with over 390Wh/kg...
Stellantis Reports Q3 2024 Consolidated Shipment Estimates Decline reflects inventory reduction initiatives, as well as impacts of new product launches, progress on both are expected to set the Company up more strongly for the future AMSTERDAM, October 16, 2024 - Stellantis is initiating a practice of publishing global quarterly consolidated shipment estimates and providing commentary on related business trends. The term shipments describes volumes of vehicles delivered to our dealers,...
Stellantis Brings Winning Global Portfolio to Paris Motor Show 2024 With Full Menu of Stylish, High-Tech Electrified Vehicle Debuts Citroën, Peugeot and Alfa Romeo showcase new BEVs with customer-focused performance and range Leapmotor debuts B10, its first global compact SUV, as part of its new B series platform in the brand’s expanding lineup Stellantis brands at Paris Motor Show bring to life the Company’s unwavering commitment to clean, safe and affordable mobility for all customers...
Stellantis Broadens Employee Share Purchase Plan to Nearly Entire Global Workforce Program builds on the success of first wave launched at the end of 2023 in France and Italy Opportunity for more than 230,000 employees to become shareholders on preferential terms: 20% discount on the share price and a matching contribution of 100% of the personal amount invested, up to €1,000 Strong incentive for employees to share in the creation of value, supporting Stellantis’ ambition to reach an initial...
Stellantis Leverages Its Management Organisation with Changes to Drive Performance Under the Leadership of Carlos Tavares AMSTERDAM, October 10, 2024 - To drive simplification and enhance organisational performance in a turbulent global environment, Stellantis today announced targeted management changes, effective immediately, under the leadership of CEO Carlos Tavares to redouble the Company’s focus on its key business priorities and confront head-on the global challenges facing the industry....
Stellantis to Announce Third Quarter 2024 Shipments and Revenues on October 31 AMSTERDAM, October 10, 2024 - Stellantis N.V. announced today that its Third Quarter 2024 Shipments and Revenues will be released on Thursday, October 31, 2024. A live webcast and conference call for the Third Quarter 2024 Shipments and Revenues will begin at 1:00 p.m. CET / 8:00 a.m. EDT on Thursday, October 31, 2024. The related press release and presentation materials will be posted under the Investors section of...
Completion of the Third and last Tranche of Stellantis 2024 Share Buyback Program and Weekly Report (September 27- October 2 2024) AMSTERDAM, October 3, 2024 - Stellantis N.V. (“Stellantis” or the “Company”) announced today that its Third and last Tranche of the 2024 Share Buyback Program announced on August 1, 2024, covering up to €1 billion to be executed in the open market during the period between August 1, 2024 and November 29, 2024 has been completed. Since August 1, 2024 up to...
Leapmotor International Opens Orders in Europe for Affordable, High-Tech T03 City Car and C10 SUV Electric Vehicles Leapmotor International is harnessing Chinese engineering, innovation and vertical integration to offer affordable electric vehicle mobility worldwide Consumers can now order Leapmotor T03 and C10 vehicles in Europe via designated Stellantis brand dealers Leapmotor International joint venture between Stellantis and Leapmotor is focused on growing global sales of high-tech,...
Stellantis Updates 2024 Financial Guidance AMSTERDAM, September 30, 2024 – Stellantis N.V. today revised its 2024 financial guidance, reflecting decisions to significantly enlarge remediation actions on North American performance issues, as well as deterioration in global industry dynamics. The Company has accelerated its planned normalization of inventory levels in the U.S., targeting no more than 330,000 units of dealer inventory by year-end 2024, from a prior timing objective of the first...
Weekly Report (September 20-26, 2024) Third Tranche of Stellantis 2024 Share Buyback Program AMSTERDAM, September 27, 2024 - Stellantis N.V. (“Stellantis” or the “Company”) announced today that pursuant to its Third Tranche of the 2024 Share Buyback Program announced on August 1, 2024, covering up to €1 billion to be executed in the open market during the period between August 1, 2024 and November 29, 2024, it has repurchased the following common shares in the period between September...
Stellantis Recognizes 68 Global and Regional Suppliers at Supplier of the Year Event 21 global suppliers presented “Supplier of the Year” award for their commitment, extraordinary quality and operational excellence in 2023 Fourth annual Stellantis Supplier of the Year event in Lingotto, Italy, attended by over 200 global Stellantis suppliers and partners TURIN, September 26, 2024 – Stellantis recognized 68 global and regional suppliers for their extraordinary commitment, quality and...
Stellantis Charges Into Paris Motor Show 2024 Showcasing Five World Premieres, Innovative Tech Features and Chinese Brand Leapmotor Iconic brands Citroën, Peugeot and Alfa Romeo will showcase the next generation of affordable electric mobility, including three world premieres from Citroën and one world premiere from Peugeot Innovative partnership with Leapmotor to be on full display for the first time ever, with four tech-centric, affordable electric vehicles and the world premiere of the...
Weekly Report (September 13-19, 2024) Third Tranche of Stellantis 2024 Share Buyback Program AMSTERDAM, September 20, 2024 - Stellantis N.V. (“Stellantis” or the “Company”) announced today that pursuant to its Third Tranche of the 2024 Share Buyback Program announced on August 1, 2024, covering up to €1 billion to be executed in the open market during the period between August 1, 2024 and November 29, 2024, it has repurchased the following common shares in the period between September...
Stellantis to Participate in the 2024 Bank of America European Autos and Future Car Virtual Conference AMSTERDAM, September 19, 2024 – Natalie Knight, Stellantis Chief Financial Officer, will participate in a fireside chat on Monday, September 23 at 4 p.m. CEST / 10 a.m. EDT at the 2024 Bank of America European Autos and Future Car Virtual Conference. To watch the live session, visit the following webcast link: https://bofa.veracast.com/webcasts/bofa/euautos2024/4Z7ac1.cfm Details for watching...
Stellantis Deploys AI-enabled Innovations to Boost Manufacturing Efficiency, Sustainability and Improve Workplace On annual Factory Booster Day, Stellantis invites suppliers and startups to propose solutions to support global manufacturing ambitions Stellantis plants around the world are implementing cloud-based digital twins, AI and 3D vision-enabled solutions from previous Factory Booster Day events 2024 Factory Booster Day (September 18) at the Mirafiori Complex in Turin, Italy, features more...
Stellantis Pro One Inaugurates Global Commercial Vehicles Hub at Mirafiori Automotive Park 2030 in Turin, Italy Stellantis’ global commercial vehicles hub symbolizes the Company’s commitment to business customers New hub harmonizes the strategy of the commercial vehicles business, consolidates competencies and cross-brand functions and coordinates competence centers around the world Stellantis Pro One’s commercial vehicles business accounts for one-third of Stellantis’ total Net revenue...