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Stellantis

Stellantis

Stellantis designs, engineers, and manufactures passenger cars, LCVs, components, and production systems for customers worldwide.

Stellantis is the fourth-largest automaker in the world and is the result of a 2021 merger between Fiat Chrysler Automobiles N.V. (abbreviated as FCA) and Peugeot S.A. (PSA Groupe).

History

Fiat Chrysler Automobiles N.V. is an Italian and American multinational corporation and is the world's eighth-largest automaker. The group was established in October 2014 by merging Fiat and Chrysler into a new holding company. Fiat Chrysler Automobiles' main headquarters are located in the Netherlands, and the financial headquarters are in London for tax purposes. The holding company is listed on the New York Stock Exchange and Borsa Italiana in Milan. Exor N.V., an Italian investment group controlled by the Agnelli family, owns 29.19% of FCA and controls 44.31% through a loyalty voting mechanism. FCA's mass-market brands operate through two principal subsidiaries: FCA Italy (previously Fiat Group Automobiles SpA) and FCA US (formerly Chrysler Group LLC). The company's portfolio includes Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Maserati, and Ram Trucks. Ferrari was spun off from the group in 2016. Today, FCA operates in four global markets: NAFTA, LATAM, APAC, and EMEA. FCA also owns industrial subsidiaries Comau, Magneti Marelli, Mopar, and Teksid.

FCA and PSA merger
FCA and PSA's new logo post-merger.

In July of 2020, FCA announced it would be merging with Peugeot S.A. (PSA Groupe) and formally changing its name to Stellantis. The merger resulted in Stellantis becoming the fourth-largest automaker in the world. It was motivated by both automakers, FCA and PSA, to expand consumer bases, develop better electric vehicle technologies, and build more electric vehicles. Stellantis unveiled its new logo in November of 2020 to more closely reflect the company's new name, which is derived from the Latin word "stello," meaning "to brighten with stars." The names and logos of individual brands like Jeep, Fiat, Dodge, Ram, etc., will remain unchanged, while newly developed vehicle brands will fall under Stellantis.

Timeline

May 18, 2021
Stellantis and Foxconn teams up to make cars more connected.
January 2021
French carmaker group PSA and Italian-American company Fiat Chrysler Automobiles announce a merger agreement, thus creating the world's fourth-largest car company— Stellantis.
July 31, 2020
Fiat Chrysler is named Stellantis after the merger with PSA is finally complete.
January 21, 2014
Chrysler is acquired by Fiat and is reorganized as Fiat Chrysler Automobiles.
2007
Chrysler becomes Chrysler LLC.
1998
Chrysler changes its name to DaimlerChrysler after Daimler-Benz merger.
June 6, 1925
Chrysler is founded by Walter Chrysler in Detroit, Michigan.

People

Name
Role
LinkedIn

John Elkann

Chairman

Richard Palmer

Chief Financial Officer

Further reading

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Documentaries, videos and podcasts

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Companies

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News

Title
Author
Date
Publisher
Description
Jena Brooker
June 17, 2021
Grist
Residents of the majority Black community in Detroit are fighting for environmental justice against continuing waves of polluting industries.
By Theo Leggett
June 15, 2021
BBC News
The UK might soon be reliant on electric vehicles imported from abroad, warns an influential group.
Stellantis
June 11, 2021
www.prnewswire.com:443
/PRNewswire/ -- Co-branded Dodge and "F9" promotional campaign includes television, social and digital media extensions, multicultural and in-theater...
Stellantis
June 10, 2021
www.prnewswire.com:443
/PRNewswire/ -- MotorTrend Presents Roadkill Nights Powered by Dodge will be held for the sixth year in Pontiac, Michigan, kicking off metro Detroit's weeklong...
Stellantis
June 3, 2021
www.prnewswire.com:443
/PRNewswire/ -- As part of a comprehensive three-year, $1 million effort to support eastside neighborhoods around the Detroit Assembly Complex, Stellantis...
Stellantis
May 18, 2021
www.prnewswire.com:443
/PRNewswire/ -- The National Hot Rod Association (NHRA) Camping World Drag Racing Series makes its fifth stop of the 2021 season at Houston Raceway Park for...
Hanna Ziady, CNN Business
May 18, 2021
CNN
Foxconn is partnering with automaker Stellantis to develop technology for vehicle cockpits, in the latest sign of the iPhone maker's ambitions to grow in electric car manufacturing.
The Associated Press
May 18, 2021
CTVNews
Carmaker Stellantis and Taiwan's Foxconn on Tuesday announced plans to develop a jointly operated automotive supplier focusing on technology to make vehicles more connected, including artificial intelligence-based applications and 5G communications.
May 18, 2021
AP NEWS
MILAN (AP) -- Carmaker Stellantis and Taiwan's Foxconn on Tuesday announced plans to develop a jointly operated automotive supplier focusing on technology to make vehicles more connected, including artificial intelligence-based applications and 5-G communications.
Stellantis
May 17, 2021
www.prnewswire.com:443
/PRNewswire/ -- Alfa Romeo to showcase the 2021 model-year Stelvio and Giulia, both featuring best-in-class performance and seductive Italian style now coupled...
Sean Szymkowski
May 17, 2021
Roadshow
Jeep and Ram's parent automaker has a friend in the iPhone assembler.
Sean Szymkowski
May 14, 2021
Roadshow
Stellantis CEO Carlos Tavares said every brand deserves a shot, but they have to shape up with the investments provided.
Matthew Fox
May 6, 2021
markets.businessinsider.com
"The loss of these regulatory credit revenues for Tesla is devastating and brings into question the future profitability of Tesla," Louis Navellier said.
Sean Szymkowski
May 5, 2021
Roadshow
Stellantis will no longer buy regulatory credits from Tesla, a big chunk of its income over the last couple years.
Reuters
May 5, 2021
CTVNews
Stellantis expects a global semiconductor chip shortage will take a bigger bite out of production in the second quarter and warned the disruption to the auto industry could last into 2022.
Stellantis
April 28, 2021
www.prnewswire.com:443
/PRNewswire/ -- Jeep® Wrangler earns Kelley Blue Book 5-Year Cost to Own award for seventh consecutive year, third consecutive in the Off-Road SUV category...
TOM KRISHER and KIMBERLEE KRUESI Associated Press
April 16, 2021
ABC News
The United Auto Workers union is calling on General Motors to pay full union wages at electric vehicle battery factories, thrusting what was a festering conflict into the spotlight because automakers want to pay less
Stellantis
April 15, 2021
www.prnewswire.com:443
/PRNewswire/ -- 2021 Ram 1500 Big Horn/Lone Star Crew Cab, powered by the legendary 5.7-liter HEMI® V-8 paired with a TorqueFlite eight-speed automatic...
AP
April 9, 2021
The Hindu
The snags threaten to leave a big dent in the auto industry, which by some estimates stands to lose $60 billion in sales during the first half of his year
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References

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