Stellantis#South America
{{Short description|Multinational automotive car manufacturing corporation}}
{{Use dmy dates|date=April 2023}}
{{Infobox company
| name = Stellantis N.V.
| logo = Stellantis.svg
| image = Zuidtoren Hoofddorp.jpg
| image_caption = Headquarters in Hoofddorp, Netherlands
| type = Public
| traded_as = {{Plainlist|
- {{Borsa Italiana|NL00150001Q9|STLAM}}
- {{EuronextParis|STLAP|NL00150001Q9|XPAR}}
- {{NYSE|STLA}}
- FTSE MIB component
- CAC 40 component
}}
| ISIN = NL00150001Q9
| industry = {{Unbulleted list|Automotive|Production systems}}
| predecessors = {{ubl|Fiat Chrysler Automobiles (FCA)|PSA Group}}
| founded = {{Start date and age|df=y|2021|01|17}}
| hq_location_city = Hoofddorp
| hq_location_country = Netherlands{{cite web|url=https://www.stellantis.com/content/dam/stellantis-corporate/group/governance/corporate-regulations/Unofficial_English_Translation_Articles_of_Association_Stellantis.pdf|title=Unofficial English translation articles of association Stellantis (English)|website=Stellantis}}
| area_served = Worldwide
| key_people = {{Plainlist|
- John Elkann (chairman)
- Robert Peugeot (vice chairman)
- Vacant (CEO)
}}
| products =
| num_employees = 248,243
| num_employees_year = 2024
| revenue = {{Decrease}} €156.9 billion
| revenue_year = 2024
| operating_income = {{Decrease}} €3.69 billion
| income_year = 2024
| net_income = {{Decrease}} €5.52 billion
| net_income_year = 2024
| assets = {{Increase}} €207.6 billion
| assets_year = 2024
| equity = {{Decrease}} €82.12 billion
| equity_year = 2024
| production = {{Decrease}} 5.415 million vehicles
| production_year = 2024
| brands = {{Collapsible list|
- Abarth
- Alfa Romeo
- Chrysler
- Citroën
- Dodge
- DS
- Fiat
- Jeep
- Lancia
- Maserati
- Opel
- Peugeot
- Ram Trucks
- Vauxhall
}}
| subsid = {{Collapsible list|
- Stellantis Argentina
- Stellantis Australia and New Zealand
- Stellantis Europe
- Fiat Professional
- Heritage
- VM Motori
- Stellantis Gurun (Malaysia)
- Stellantis North America
- Mopar
- SRT
- Stellantis Canada
- Stellantis Pro One
- FCA India Automobiles
- FCA Poland
- Fiat Ireland
- Citroën Chile
- Citroën India
- Comau
- Sevel
- Stellantis Financial Services
- aiMotive
- Centro Ricerche Fiat
- PCMA
- Teksid (84.8%)
- Fiat Serbia (67%)
- Leapmotor (20%)
- Leapmotor International (51%)
- DPCA (50%)
- Emotors (50%)
- IKAP (50%)
- Leasys (50%)
- Free2move
- Share Now
- PSA AVTEC (50%)
- SAIPA Citroën (50%)
- Tofaş (37%)
- Berjaya Auto Alliance (29%)
}}
| owners = {{Plainlist|
- Exor (13.99%)
- Peugeot Invest (6.98%)
- Bpifrance (6%)
}}
| website = {{URL|https://www.stellantis.com/|stellantis.com}}
| footnotes = {{cite web|url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1605484/000160548425000013/stellantis-20241231.htm|title=2024 Annual Report (Form 20-F)|publisher=US Securities and Exchange Commission|date=27 February 2025|access-date=27 February 2025}}{{cite web|url=https://www.stellantis.com/content/dam/stellantis-corporate/investors/financial-reports/Stellantis_NV_2021_Annual_Report.pdf|title=Annual Report and Form 20-F for the year ended December 31, 2021|website=Stellantis N.V.|date=25 February 2022|access-date=17 March 2022}}{{Cite news|url=https://www.npr.org/2019/10/31/774994474/fiat-chrysler-and-peugeot-agree-on-merger-to-create-4th-largest-car-maker|title= Fiat-Chrysler & Peugeot Agree on Merger to Create 4th-Largest Carmaker|date= 19 October 2019|work=NPR|access-date=17 July 2020}}{{Cite news|url=https://www.caranddriver.com/news/a35254008/fiat-chrysler-peugeot-become-stellantis/|title=It's Official: Fiat Chrysler and PSA Group Are Now Stellantis|first=Colin|last=Beresford|date=19 January 2021|work=Car and Driver}}{{cite web|title=Top jobs for Stellantis: electrification, restructure Europe, compete in China|url=https://www.detroitnews.com/story/business/autos/chrysler/2021/01/04/stellantis-priorities-psa-fiat-chrysler-shareholders-vote-merger-closure/4128041001/|website=Detroit News}}{{Cite news|date=18 January 2021|title=Stellantis Surges in Trading Debut After Fiat-PSA Merger|work=Bloomberg|url=https://www.bloomberg.com/news/articles/2021-01-18/stellantis-gains-in-first-day-of-trading-after-fiat-psa-merger|access-date=19 January 2021}}{{Cite web|url=https://money.cnn.com/quote/shareholders/shareholders.html?symb=FCAU&subView=institutional|title=STLA - Stellantis NV Shareholders - CNNMoney.com|website=money.cnn.com}}{{cite web |title=Annual Report for the year ended December 31, 2023 |url=https://www.stellantis.com/content/dam/stellantis-corporate/investors/financial-reports/Stellantis-NV-20231231-Annual-Report.pdf |website=Stellantis |access-date=28 April 2024}}
}}
Stellantis N.V. is a multinational automaker formed in 2021 through the merger of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group.{{cite news|url=https://www.wsj.com/articles/merged-fiat-chrysler-psa-company-to-be-named-stellantis-11594837979|title=Fiat Chrysler to Be Renamed Stellantis After Merger With PSA|work=Wall Street Journal|date=15 July 2020}}[https://www.reuters.com/article/us-stellantis-italy-idUSKBN2BH1WP Stellantis weighs closing production line at Italy's Melfi plant - union], Reuters, 25 March 2021{{cite web|url=https://www.foxbusiness.com/lifestyle/fiat-chrysler-and-psa-group-rename-merged-automaker-stellantis|title=Fiat Chrysler and PSA Group rename merged automaker 'Stellantis'|quote=Stellantis is rooted in the Latin verb “stello” meaning “to brighten with stars.”|website=Fox Business|date=16 July 2020|accessdate=20 September 2022}} The company's headquarters is in Hoofddorp, Netherlands.
In February 2025, Stellantis was the world's fifth-largest automaker by sales volume, trailing Toyota, Volkswagen Group, Hyundai Motor Group, and Renault Nissan Alliance, according to industry reports.{{Cite web|url=https://www.focus2move.com/world-car-group-ranking/|title=World Best Car Manufacturer 2025. The Top 30 Groups|website=focus2move}} That same year, it ranked 61st on the Forbes Global 2000 list of the world’s largest public companies.{{Cite web|language=en|url=https://www.forbes.com/lists/global2000/?sh=51d599675ac0|title=The Global 2000 2023|website=Forbes|access-date=2024-02-07|archive-date=2024-01-29|archive-url=https://web.archive.org/web/20240129031905/https://www.forbes.com/lists/global2000/?sh=4f5ab07e5ac0}} Its shares are listed on the Euronext Paris, Borsa Italiana, and New York Stock Exchange.{{Cite web|last=Smith|first=Elliot|date=18 January 2021|title=World's fourth-largest carmaker rallies on first day of trade after $52 billion merger|url=https://www.cnbc.com/2021/01/18/stellantis-rallies-on-first-day-of-trade-after-52-billion-merger.html|access-date=19 June 2021|website=CNBC|language=en}}
Stellantis designs, manufactures, and markets vehicles under 14 brands: Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram Trucks, and Vauxhall. At the time of the merger, the company reported approximately 300,000 employees, manufacturing operations in 30 countries, and a commercial presence in over 130 countries.{{Cite web|title=Overview|url=https://www.stellantis.com/en/group/overview|access-date=19 January 2021|website=Stellantis}}
Etymology
"Stellantis" is rooted in the Latin verb {{Lang|la|stello}}, in present participle with adjectival value {{Lang|la|stellans}}, and means "stellar", i.e. "starlike", {{Cite web|title=stellans, stellantis M - Latin is Simple Online Dictionary|url=https://www.latin-is-simple.com/en/vocabulary/adjective/7954/|access-date=4 January 2021|website=www.latin-is-simple.com|language=en}}"stellantis" is the genitive, singular form, male and neutral, of "stellans" - or, also, the present active participe of "stello", in that case still meaning "of (he/that who) brights with stars"{{Cite web|title=stello, stellas, stellare A, -, stellatum - |url=https://www.latin-is-simple.com/en/vocabulary/verb/6389/?h=stello|access-date=4 January 2021|website=Latin is Simple Online Dictionary|language=en}} while "N.V." is the Dutch abbrivation which signifies a publicly traded company, equivalent to the British "PLC" and the French "S.A.".
History
In early 2019, Fiat Chrysler Automobiles (FCA) sought a merger with French automaker Renault and reached a provisional agreement with the company.{{Cite news|title=Fiat Chrysler proposes 50-50 merger with Renault|work=TechCrunch|url=https://techcrunch.com/2019/05/27/fiat-chrysler-proposes-50-50-merger-with-renault/|access-date=27 May 2019|archive-date=17 March 2021|archive-url=https://web.archive.org/web/20210317194421/https://techcrunch.com/2019/05/27/fiat-chrysler-proposes-50-50-merger-with-renault/|url-status=live}} The French government's approach during the negotiations, aimed at protecting its brand, ultimately led to the abandonment of the deal with The Economist reported that "for FCA, this portended future interference".{{cite news | title=Braking bad: A merger of Fiat Chrysler Automobiles and Renault is no more|url=https://www.economist.com/business/2019/06/06/a-merger-of-fiat-chrysler-automobiles-and-renault-is-no-more|newspaper=The Economist|location=London|date=8 June 2019|access-date= 16 February 2021|quote=Sources close to FCA say that the government was constantly second-guessing and renegotiating every aspect of the deal. For FCA, this portended future interference. When France pointed the finger at Nissan as a roadblock, FCA lost patience.}} Nissan also had various concerns about the impact of the proposal on its alliance with Renault. Subsequently, FCA approached Peugeot S.A. (PSA). The merger, agreed to in December 2019, created the world's fourth-largest carmaker by global vehicle sales with expected annual cost savings of €3.7 billion, or about US$4.22 billion.
On 21 December 2020, the European Commission approved the merger, while imposing minimal remedies to ensure competition in the sector.{{Cite press release|date=21 December 2020|title=Mergers: Commission approves the merger of Fiat Chrysler Automobiles N.V. and Peugeot S.A., subject to conditions|url= https://ec.europa.eu/commission/presscorner/detail/en/ip_20_2506 |website=European Commission}} The merger was approved on 4 January 2021 by the shareholders of both FCA and PSA. The deal was completed on 16 January 2021, and the merged company was renamed to Stellantis N.V. the following day. Common shares of the new company began trading on the Milan Stock Exchange and Euronext Paris on 18 January 2021 and on the New York Stock Exchange on 19 January 2021, in each case under the ticker symbol "STLA".{{Cite web|title=Fiat Chrysler and Peugeot shareholders vote to merge, creating world's fourth-largest car maker|url= https://www.nbcnews.com/business/autos/peugeot-shareholders-vote-merge-fiat-chrysler-creating-world-s-fourth-n1252712 |access-date= 4 January 2021|website=NBC News|date=4 January 2021 }}{{Cite web|title=Stellantis merger to close on Jan. 16 after PSA, FCA shareholders approve|url=https://www.detroitnews.com/story/business/autos/chrysler/2021/01/04/groupe-psa-fiat-chrysler-shareholders-vote-stellantis-merger/4102655001/|access-date=5 January 2021|last=Noble|first=Breana|website= The Detroit News}}{{cite web|title=The merger of FCA and Groupe PSA has been completed| publisher = FCA | url= https://www.fcagroup.com/en-US/media_center/fca_press_release/FiatDocuments/2021/January/The_merger_of_FCA_and_Groupe_PSA_has_been_completed.pdf |access-date=16 January 2021}} The name Stellantis is exclusively used to identify the corporate entity, however group brand names and logos remain unchanged.
PSA merged with and into Fiat Chrysler Automobiles N.V., with Fiat Chrysler Automobiles N.V. as the surviving company in the merger. On 17 January 2021, the combined company was renamed Stellantis N.V.{{cite web |url= https://www.stellantis.com/content/dam/stellantis-corporate/investors/financial-reports/Stellantis_2020_12_31_Annual_Report.pdf |title=Stellantis N.V. (formerly Fiat Chrysler Automobiles N.V.) Annual Report and Form 20-F for the year ended December 31, 2020 |page=6 |website=Stellantis|date=4 March 2021}} International Financial Reporting Standards (IFRS) mandated the identification of the company acting as the acquirer and the company being acquired. Peugeot is considered the acquirer for accounting purposes, and statements reflect PSA's historical records. Per the filing, the Stellantis board had 11 directors, six from PSA and five from Fiat Chrysler.{{cite web|url=https://www.thedetroitbureau.com/2020/11/fiat-chrysler-and-psa-not-exactly-a-merger-of-equals/ |last=Strong |first=Michael |date=24 November 2020|title=Fiat Chrysler and PSA Not Exactly a "Merger of Equals" |website= The Detroit bureau}}
The new company's first CEO was Carlos Tavares, the former president of the PSA managing board, as well as former CEO of PSA Group, serving a five-year term as CEO. PSA shareholders paid a pre-merger premium to FCA shareholders. Exor, the Agnelli family company that was the largest shareholder of FCA, held the largest stake in Stellantis with 14.4%. The merger agreements allowed the Peugeot family to increase its current 7.2% stake in Stellantis by up to an additional 1.5% by acquiring shares from France's state lender Bpifrance, from Dongfeng, or on the market.[https://www.reuters.com/business/autos-transportation/stellantis-shareholder-dongfeng-sells-down-stake-600-mln-euros-2021-09-08/ Stellantis shareholder Dongfeng sells down stake for 600 mln euros], Reuters, 8 September 2021
In 2021, CEO Carlos Tavares challenged the group’s brands to demonstrate viability within a 10-year window, in exchange for much-needed investment in new models and technology.{{cite news |url= https://www.forbes.com/sites/michaeltaylor/2021/05/17/stellantis-gives-its-alfa-romeo-lancia-and-ds-brands-one-last-chance/ |title= Stellantis Gives Its Alfa Romeo, Lancia And DS Brands One Last Chance|first=Michael|last=Taylor|date=17 May 2021 |work= Forbes}}{{cite news|url=https://www.reuters.com/article/us-stellantis-ceo-idUKKBN2CU1W5|title=Stellantis to give each of its 14 car brands 10 years of funding - CEO|date=14 May 2021|website=Reuters}}{{cite news |url= https://uk.motor1.com/news/507296/stellantis-investing-alfa-romeo-lancia/|title=Stellantis will invest in Alfa Romeo and Lancia for the next 10 years|first=Adrian|last=Padeanu|date=14 May 2021|website=Motor1.com}}{{cite news |url= https://www.detroitnews.com/story/business/autos/chrysler/2021/05/13/stellantis-ceo-says-brands-have-10-years-prove-their-worth/5072774001/|title=Stellantis CEO says brands have 10 years to prove their worth|first=Breana|last=Noble|date=13 May 2021 |work=Detroit News}} The group planned to have 29 electrified vehicle models available by the end of 2021.{{Cite web|title=Stellantis: Building a world leader in sustainable mobility|url=https://www.stellantis.com/en/news/press-releases/2021/january/stellantis-building-a-world-leader-in-sustainable-mobility|access-date=19 January 2021 |website= Stellantis}} Stellantis planned to develop four EV platforms by the end of the 2020s.{{cite news |url= https://europe.autonews.com/automakers/how-stellantis-will-speed-its-ev-transition|title=How Stellantis will speed up its EV transition|first=Andrea|last=Malan|date=18 April 2021|work=Auto News}}{{cite news |url= https://www.autoexpress.co.uk/peugeot/354798/stellantis-maps-out-future-ev-platforms-497-miles-range |title= Stellantis maps out future EV platforms with up to 497 miles of range|first=Sean|last=Carson|date=20 April 2021|work=Auto Express}} Overall, the company announced more than €30bn would be invested by the end of 2021.{{Cite news|date=8 July 2021 |title=Vauxhall owner Stellantis to invest €30bn in electric vehicles|language=en-GB|work=BBC News |url= https://www.bbc.com/news/business-57765120|access-date=9 July 2021}}
In the third quarter of 2021, Stellantis sales dropped due to the supply chain shortage of semiconductor chips used in their vehicles. Stellantis signed an agreement with chipmaker Foxconn to supply chips for the company and others in the automotive industry.{{cite news |url= https://www.pymnts.com/connectedeconomy/2021/automakers-announce-agreements-improve-supply-semiconductor-chips/ |title= Automakers Announce Agreements to Improve Supply of Semiconductor Chips |work=PYMNTS.com |date=13 December 2021 |access-date= 14 December 2021}} In June 2022, the company paused production at two French plants due to the same shortages as 2021.{{Cite web |date=23 June 2022 |title=Stellantis will halt production at 2 French plants |url= https://europe.autonews.com/automakers/stellantis-will-halt-production-2-french-plants |access-date=25 June 2022 |website= Automotive News Europe}}
In April 2022, Stellantis halted operations in Russia due to logistical difficulties and the sanctions imposed on the country following the Russian invasion of Ukraine in 2022. On 15 February 2024, Russian operators, collaborating with Dongfeng Motor Group, initiated the production of new Citroën models at a majority owned Stellantis plant in Kaluga, Russia, despite Stellantis having already halted its Russian operations. Stellantis claimed that it has "lost control of its entities in Russia."{{Cite web |last=Stolyarov |first=Gleb |date=15 February 2024 |title=Exclusive: Russians use Chinese partner to produce Citroën cars at idled Stellantis plant |url=https://www.reuters.com/business/autos-transportation/russians-use-chinese-partner-produce-citroen-cars-idled-stellantis-plant-2024-02-15/ |access-date=15 February 2024 |website=Reuters}}
In May 2022, Stellantis pleaded guilty to criminal conduct and paid $300 million to settle a probe into its effort to illegally conceal the amount of pollution created by its diesel-engined vehicles. This settled a years-long probe by the United States Department of Justice into the auto maker's efforts to evade emissions requirements for more than 100,000 older models.{{cite web |date=25 May 2022 |title=Stellantis pleads guilty, will pay $300 million over allegations of emissions fraud |url=https://www.theverge.com/2022/5/25/23141165/stellantis-pleads-guilty-300-million-fine-emissions-fraud |access-date= 26 May 2022 |website=The Verge}} On 8 July 2022, Stellantis acquired the carsharing platform Share Now.{{cite web|title=Share Now: BMW und Mercedes verkaufen Carsharing an Stellantis |url= https://www.handelsblatt.com/unternehmen/industrie/share-now-abschied-vom-carsharing-warum-bmw-und-mercedes-share-now-an-stellantis-verkaufen/28297794.html | work = Handelsblatt | archive-url= https://web.archive.org/web/20220503115520/https://www.handelsblatt.com/unternehmen/industrie/share-now-abschied-vom-carsharing-warum-bmw-und-mercedes-share-now-an-stellantis-verkaufen/28297794.html |archive-date=3 May 2022 |access-date=3 May 2022|date=3 May 2022}}{{cite web|title=Share Now: Stellantis übernimmt Carsharing von BMW und Mercedes |periodical= Manager Magazin |url=https://www.manager-magazin.de/unternehmen/share-now-stellantis-uebernimmt-carsharing-von-bmw-und-mercedes-a-fc7d175a-df79-438f-8aa6-6e6a3c59af6c |archive-url= https://web.archive.org/web/20220503120434/https://www.manager-magazin.de/unternehmen/share-now-stellantis-uebernimmt-carsharing-von-bmw-und-mercedes-a-fc7d175a-df79-438f-8aa6-6e6a3c59af6c |archive-date=3 May 2022 |access-date=3 May 2022 |date= 3 May 2022 |language=de}} Stellantis placed Share Now's operational management under Free2move.{{cite news |title=Free2move Becomes a World Leader in Mobility with Acquisition of Share Now|url= https://www.stellantis.com/en/news/press-releases/2022/july/free2move-becomes-a-world-leader-in-mobility-with-acquisition-of-share-now |website=Stellantis |date=18 July 2022 |access-date=5 November 2022}} In November 2022, Stellantis acquired the Budapest-headquartered autonomous vehicle technology company aiMotive.{{Cite web |last= Hammerschmidt |first=Christoph |date=17 November 2022 |title=Stellantis acquires AI startup aiMotive |url= https://www.eenewseurope.com/en/stellantis-acquires-ai-startup-aimotive/ |access-date=17 November 2022 |website= EE News Europe |language=en-US}}
On 15 February 2023, Stellantis said it would establish a new software development and engineering hub in Gliwice, Poland.{{Cite web |title=Stellantis Will Create New Software Development Hub in Poland |url= https://www.marketwatch.com/story/stellantis-will-create-new-software-development-hub-in-poland-c63f8e03 |access-date=20 February 2023 |website=MarketWatch |language=EN-US}}
On June 20, 2023, Stellantis and iPhone assembler Foxconn joined a 50-50 joint venture named SiliconAuto to design and sell semiconductors for the automotive industry from 2026. The headquarters for SiliconAuto is rumored to be located in the Netherlands.{{Cite news |date=June 20, 2023 |title=Stellantis, Foxconn form 50-50 JV on semiconductors for auto industry |url=https://www.reuters.com/business/autos-transportation/stellantis-foxconn-form-50-50-jv-semiconductors-auto-industry-2023-06-20/}}
On 26 October 2023, Stellantis acquired "approximately 20%" of Chinese electric vehicle manufacturer Leapmotor in a transaction worth €1.5 billion.{{Cite web |title=Stellantis to Become a Strategic Shareholder of Leapmotor with €1.5 Billion Investment and Bolster Leapmotor's Global Electric Vehicle Business |url=https://www.stellantis.com/en/news/press-releases/2023/october/stellantis-to-become-a-strategic-shareholder-of-leapmotor-with-1-5-billion-investment-and-bolster-leapmotor-s-global-electric-vehicle-business |access-date=2023-10-30 |website=Stellantis}} Under the terms of the agreement, Stellantis gained exclusive rights to sell, export, and manufacture Leapmotor products outside of China under the newly established joint venture Leapmotor International, of which Stellantis holds 51% of the capital.{{Cite web |date=2023-10-30 |title=Stellantis' Chinese gamble |url=https://www.evinfocus.com/stellantis-chinese-gamble/ |access-date=2023-10-30 |website=EV inFocus}} The joint venture will be registered in the Netherlands, and it also includes the possibility of producing the brand's cars in Europe if duties on Chinese cars are raised. The JV's target is 500,000 sales outside China by 2030.{{Cite web |url=https://europe.autonews.com/automakers/stellantis-plans-low-cost-ev-brand-leapmotor |title= With Leapmotor, Stellantis adds '15th brand' to sell low-cost EVs|website=Automotive News Europe|access-date= 2024-02-26 |archive-date= 2023-12-03 |archive-url= https://web.archive.org/web/20231203001549/https://europe.autonews.com/automakers/stellantis-plans-low-cost-ev-brand-leapmotor}}
The company announced a 3 billion euro ($3.2 billion) share buyback in 2024.{{Cite web |url= https://edition.cnn.com/2024/02/15/business/stellantis-earnings-electric-vehicles/ |title=A traditional automaker just turned a profit on EVs|website=CNN Business|access-date=2024-02-26|archive-date=2024-02-15|archive-url= https://web.archive.org/web/20240215175354/https://edition.cnn.com/2024/02/15/business/stellantis-earnings-electric-vehicles/}}
In March 2024, it was announced Stellantis had acquired a stake in the Grenoble-headquartered optical radar start-up, SteerLight. The company manufactures sensors for autonomous driving.{{Cite web |last=Robson |first=Kurt |date=2024-03-20 |title=Stellantis acquires stake in optical radar startup SteerLight |url=https://www.verdict.co.uk/stellantis-acquires-stake-in-optical-radar-startup-steerlight/ |access-date=2024-03-20 |website=Verdict |language=en-US}}
On 1 December 2024, the board accepted Carlos Tavares’ resignation as CEO; a new Interim Executive Committee, chaired by John Elkann, was established to identify a new CEO.{{cite web | author = SWVaux Staff | date = 1 December 2024 | title = Board Accepts Carlos Tavares’ Resignation as Chief Executive Officer | work = SWVaux.com | url=https://swvaux.com/board-accepts-carlos-tavares-resignation-as-chief-executive-officer/ | access-date = 2 December 2024 | url-access = | location = Newport, Wales | publisher = The Vauxhall Owners Club of South Wales }}{{better source needed|date = December 2024}}{{better source needed|date = December 2024}}
Brands
The active brand portfolio of Stellantis {{as of|2025|lc=y}} is shown below.{{Cite web|title=Appointment of the Top Executive Team to steer Stellantis |url=https://www.stellantis.com/en/news/press-releases/2021/january/appointment-of-the-top-executive-team-to-steer-stellantis|access-date=19 January 2021 |website=Stellantis}} This list does not contain any discontinued brands owned by the company which have been placed into dormancy either directly or by its predecessor organizations.
class="wikitable sortable plainrowheaders"
! scope="col" | Brand ! scope="col" | Origin ! scope="col" | Established ! scope="col" | Brand CEO | |||
Abarth | {{flag|Italy}} | 1949 | Olivier François |
Alfa Romeo | {{flag|Italy}} | 1910 | Santo Ficili |
Chrysler | {{flag|United States}} | 1925 | Christine Feuell |
Citroën | {{flag|France}} | 1919 | Thierry Koskas |
Dodge | {{flag|United States}} | 1914 | Matt McAlear |
DS Automobiles | {{flag|France}} | 2014 | Xavier Peugeot |
Fiat | {{flag|Italy}} | 1899 | Olivier François |
Free2Move
|{{flag|France}} |2012 |Philippe de Rovira | |||
Jeep | {{flag|United States}} | 1943 | Bob Broderdorf |
Lancia | {{flag|Italy}} | 1906 | Luca Napolitano |
[https://corporate.leasys.com/italiano Leasys]
|{{flag|France}} |2001 |Rolando D’Arco | |||
Maserati | {{flag|Italy}} | 1914 | Santo Ficili |
Opel | {{flag|Germany}} | 1862 | Florian Huettl |
Peugeot | {{flag|France}} | 1810 | Linda Jackson |
Ram Trucks | {{flag|United States}} | 2010 | Tim Kuniskis |
Vauxhall | {{flag|United Kingdom}} | 1857{{Cite web|title= Vauxhall History |url= https://vauxhallhistory.org/|access-date=10 March 2021}} | Florian Huettl |
Ownership
Following the 50% FCA and 50% PSA merger, the major owners were:{{cite web |title=Stellantis N.V. Company profile |url=https://live.euronext.com/en/product/equities/NL00150001Q9-XPAR/company-information |website=Euronext |access-date=31 May 2024}}
- Agnelli family (Exor): 14.20%
- Peugeot family (Peugeot Invest): 7.08%
- Bpifrance: 6.09%
- BlackRock: 3.54%
Leadership
= Senior management =
- Chairman: John Elkann (since January 2021){{Cite web |title=Fusion PSA-FCA: le conseil d'administration de Stellantis est constitué |url=https://www.bfmtv.com/auto/fusion-psa-fca-le-conseil-d-administration-de-stellantis-est-constitue_AD-202009290134.html |access-date=18 July 2023 |website=BFM TV}}{{Cite web |title=PSA/FCA : qui sont les membres du nouveau conseil d'administration de Stellantis ? |url=https://www.latribune.fr/entreprises-finance/industrie/automobile/psa-fca-qui-sont-les-membres-du-nouveau-conseil-d-administration-de-stellantis-858440.html |access-date=18 July 2023 |website=La Tribune|date=29 September 2020 }}
- Vice chairman: Robert Peugeot (since January 2021)
- Chief executive: Carlos Tavares (January 2021 - November 2024)
= Board of directors =
The executive board of Stellantis has 11 members. Six members come from PSA and leading shareholders (Bpifrance, Peugeot Invest), including Carlos Tavares, former CEO of PSA, and five others come from Fiat Chrysler Automobiles and its main shareholder, Exor.
Current assembly plants
= Africa{{Sticky header}} =
class="wikitable sortable sticky-header" | ||||
Country | Name | Location | Date opened | Current products |
---|---|---|---|---|
Algeria
| Oran Plant | Tafraoui | December 2023 | * Fiat 500 | |
Morocco | Ameur Seflia | June 2019 | * Citroën Ami | |
Namibia
| Walvis Bay Plant | Walvis Bay | 2018 | * Opel Grandland | |
Nigeria
(Dangote JV) |Kaduna Plant | Kaduna | 2016 | * Peugeot 301 |
= Asia{{Sticky header}} =
class="wikitable sortable sticky-header" | ||||
Country | Name | Location | Date opened | Current products |
---|---|---|---|---|
rowspan="2" | China (Dongfeng JV) | Wuhan Plant | Wuhan | 1992 | * Citroën C3-XR/C3L | |
Chengdu Plant | Chengdu | 2016 | * Citroën C5 X
| |
rowspan="3" |India
|Hosur Plant |2017 |
| ||||
Ranjangaon Plant (Tata JV) | January 1997 | * Jeep Compass | ||
Thiruvallur Plant | 2020 | * Citroën C3 | ||
Indonesia
| Purwakarta Plant | Purwakarta | 2025 | * Citroën ë-C3 | |
Malaysia | Gurun | 2002 | * Peugeot 2008 |
= Europe{{Sticky header}} =
class="wikitable sortable sticky-header" | |||||
Country | Name | Location | Date opened | Current products | VIN code |
---|---|---|---|---|---|
rowspan="6" |{{flag|France}}
|Douvrin Plant |1969 |
| | |||||
Mulhouse Plant | Sausheim | 1972 | * DS 7
|Y | ||
Poissy Plant | Poissy | 1940 | * DS 3
|W | ||
Rennes Plant
|1961 | | - | |||||
Sochaux Plant
|1912 | |S | |||||
Hordain Plant
|1993 |
|Z | |||||
rowspan="3" |{{flag|Germany}} | Eisenach | 1990 | * Opel Grandland
|6 | ||
Kaiserslautern Plant
|1966 |
| - | |||||
Rüsselsheim Plant | 1898 | * DS 4
|1 | |||
{{flag|Hungary}} | Szentgotthárd | 1990 | * Engines
|S | ||
rowspan="6" |{{flag|Italy}}
|1939 | |X | |||||
Cassino Plant
|1972 | |7 | |||||
Modena Plant
|1940 | |M | |||||
Pomigliano Plant
|1968 | |3 | |||||
Melfi Plant
|1993 | |P | |||||
Atessa Plant
|1981 | |2 | |||||
rowspan="3" |{{flag|Poland}}
|1998 | |G | |||||
Tychy Engine Plant
|Tychy |1996 |
| | |||||
Tychy Plant
|1992 | |J | |||||
{{flag|Portugal}}
|1962 | | - | |||||
{{flag|Serbia}}
|2008 | |Z | |||||
{{flag|Slovakia}}
|2006 | |T | |||||
rowspan="3" |{{flag|Spain}}
|Madrid Plant |1951 | | - | |||||
Vigo Plant
|Vigo |1958 | |J | |||||
Zaragoza Plant
|1982 | |4 | |||||
{{flag|Turkey}} (Koç JV) |Bursa Plant |1971 | |6 | |||||
{{flag|United Kingdom}}
|1962 |
|8 |
= North America{{Sticky header}} =
= South America{{Sticky header}} =
class="wikitable sortable sticky-header" | ||||
Country | Name | Location | Date opened | Current products |
---|---|---|---|---|
rowspan="2" | Argentina | El Palomar | 1960 | * Peugeot 208 | |
Ferreyra Plant | Ferreyra | 1958 | * Fiat Cronos | |
rowspan="3" | Brazil
| Betim Plant | Betim | 1976 | * Fiat Argo | |
Goiana Plant | 2015 | * Fiat Toro/Ram 1000 | ||
Porto Real Plant | 2001 | * Citroën C3 |
= Oceania =
class="wikitable sortable sticky-header" | |||||
Country | Name | Location | Date opened | Current products | Notes |
---|---|---|---|---|---|
Australia
| Clayton South Plant | Clayton South | 2015 | * Ram 2500 (conversion)
| * Owned and operated by Walkinshaw Group
|
class="wikitable sortable sticky-header" | |||||
Country | Name | Location | Date opened | Current products | Notes |
---|---|---|---|---|---|
Australia
| Distribution | Port Melbourne | 2021 | * Jeep | * Owned and operated by Stellantis
|
Former assembly plants
class="wikitable sortable sticky-header" | ||||
Country | Name | Location | Date opened
!Date closed | Products |
---|---|---|---|---|
Austria
|1982 |2024 |
| ||||
Italy
|Grugliasco Plant |2013 |2024 | | ||||
Poland
|1948 |2024 |
| ||||
Russia
| Kaluga Plant | Kaluga | 2013
| 2022 | *Citroën Jumpy | |
United Kingdom
|1905 |2025 | |
Motorsport
Stellantis Motorsport is a department led by director and senior vice president Jean-Marc Finot.{{Cite web |title=Catching Up With: Jean-Marc Finot |url=https://www.dailysportscar.com/2022/07/07/catching-up-with-jean-marc-finot.html |access-date=27 January 2023 |website=dailysportscar.com}} It is responsible for the motorsport activities of the corporation's brands, divisions, and subsidiaries:
- Citroën Racing{{Cite web |title=Join Stellantis Motorsport in 2023 |url=https://boutique.citroenracing.com/en/news/post/37-rejoignez-stellantis-motorsport-en-2023.html |access-date=27 January 2023 |website=Citroën Racing |language=en}}
- Commercial operation focusing on customer racing with the Citroën C3 Rally2, although known to be supporting entries in WRC2{{Cite web |title=Citroën stars confirm WRC2 plans |url=https://www.wrc.com/en/news/2022/wrc2/citroen-stars-confirm-wrc2-plans/ |access-date=6 February 2023 |website=WRC – World Rally Championship |language=en}}
- DS Performance{{Cite web |title=Thomas Chevaucher named Director of DS Performance {{!}} Stellantis |url=https://www.stellantis.com/en/news/press-releases/2021/february/thomas-chevaucher-named-director-of-ds-performance |access-date=27 January 2023 |website=Stellantis}}
- Entrant in Formula E World Championship
- Maserati{{Cite web |title=Maserati returns to motorsport with Gen3 Formula E entry |url=https://www.fiaformulae.com/en/news/2933/maserati-returns-to-motorsport-with-gen3-formula-e-entry |access-date=27 January 2023 |website=The Official Home of Formula E |date=11 January 2022 |language=en}}
- Entrant in Formula E World Championship
- Opel Motorsport{{Cite web |date=28 June 2021 |title=TotalEnergies and the Opel e-Rally Cup |url=https://competition.totalenergies.com/en/auto/rally/opel-e-rally-cup/totalenergies-and-opel-e-rally-cup |access-date=27 January 2023 |website=TotalEnergies Competition |language=en}}
- Manufacturer of the electric rally car Opel Corsa-e Rally and organiser of its Opel e-Rally Cup
- Commercial operation focusing on customer racing with the Opel Corsa Rally4
- Peugeot Sport{{Cite web |title=The 208 Rally Cup joins the Stellantis Motorsport Rally Cup |url=https://www.media.stellantis.com/em-en/peugeot-sport/press/the-208-rally-cup-joins-the-stellantis-motorsport-rally-cup |access-date=27 January 2023 |website=Stellantis |language=en}}
- Entrant of the FIA World Endurance Championship
- Commercial operation focusing on customer racing with the Peugeot 208 Rally4
The Stellantis Motorsport Racing Shop combines Citroën Racing, Peugeot Sport and Opel Motorsports' customer racing distribution and retail sales operations. It is also known as Peugeot Citroën Racing Shop{{cite web |title=Legal notice |url=https://boutique.citroenracing.com/en/content/2-legal-notice |access-date=6 February 2023 |website=Citroën Racing |language=fr}} and Peugeot Citroën Opel Racing Shop.{{cite web |last=Dart |first=Frédéric |title=Visite: Peugeot Citroën Opel Racing Shop |url=https://rallyesmag.com/peugeot-citroen-opel-racing-shop/ |access-date=6 February 2023 |website=Rallyes magazine |language=fr-FR}}
The Stellantis Motorsport Cup is a rally competition run in Belgium, France and Spain using Peugeot 208 and Opel Corsa Rally4 cars. The cup originated in Belgium and Luxembourg as PSA Motorsport Cup Belux.{{cite web |title=Peugeot Sport|url=https://www.facebook.com/login/?next=https%3A%2F%2Fwww.facebook.com%2Fpeugeot.sport%2Fposts%2Fan-all-new-psa-motorsport-cup-belux-will-be-welcoming-the-peugeot-208rally4-to-t%2F3899861053377708%2F |access-date=6 February 2023 |website=Facebook |language=en}}
Technology
= Electrification =
{{mi|section=yes|
{{Cleanup press release|section|date=August 2024}}
{{Copy edit section|date=April 2025}}
{{Importance section|date=April 2025}}
}}
Stellantis is implementing its Dare Forward 2030 plan, focusing on electrification. The company aims to invest over €50 billion in this initiative over the next decade. This includes achieving 100% battery electric vehicle (BEV) sales for passenger cars in Europe and 50% BEV sales for passenger cars and light-duty trucks in the United States by 2030. By then, Stellantis plans to have more than 75 BEV models available, targeting 5 million annual BEV sales globally. The strategy involves developing a variety of vehicle types with different battery technologies to maintain affordability and efficiency. Stellantis is using a mix of nickel- and cobalt-free, and nickel-based battery options, recently adding a lithium iron phosphate (LFP) battery pack for cheaper BEV variants. The plan also includes vehicles with front-, rear-, and all-wheel-drive systems, and aims for driving ranges between 500 and 800 kilometers (300–500 miles).{{cite web |title=Electrification |url=https://www.stellantis.com/en/technology/electrification |website=Stellantis |access-date=5 August 2024}}
Sustainability
Furthering its commitment to sustainability beyond electrification, Stellantis introduced [https://www.sustainera.com/en/ SUSTAINera]. This initiative embodies the company's integrated ecosystem of circular economy activities. SUSTAINera focuses on extending the auto parts lifespan and reducing the use of natural resources by implementing the "4R" strategy: Reman, Repair, Reuse, and Recycle. This approach aims to decrease waste and pollution, contributing to Stellantis' objective of achieving carbon net zero by 2038.{{Cite web |title=Stellantis details 'circular economy' business unit to get most use from parts |url=https://eu.detroitnews.com/story/business/autos/chrysler/2022/10/11/stellantis-details-circular-economy-unit-to-get-most-use-from-parts/69554493007/}}
Following this goal, in 2020, Stellantis (then PSA Group) expanded its circular economy initiatives with the acquisition of B-Parts, a leading platform specializing in the sale of used auto parts. By integrating platforms like [https://www.b-parts.com/ B-Parts] into its aftermarket services, Stellantis aims to enhance resource efficiency and provide cost-effective and environmentally friendly solutions.{{Cite web |title=PSA Aftermarket acquires used parts business Amanhã Global |url=https://www.am-online.com/news/car-manufacturer-news/2020/07/27/psa-aftermarket-acquires-used-parts-business-amanha-global}}
On 12 December 2024, it was reported that Stellantis have agreed to establish a joint-venture with Contemporary Amperex Technology Co. Ltd. to invest €4.1 billion in building a large-scale lithium iron phosphate battery plant in Zaragoza, Spain. This is in line with Stellantis' long-term objective of achieving zero carbon by year 2038.{{Cite web |date=12 December 2024 |title=Stellantis & CATL to Build EUR4.1B LFP Battery Plant in Spain |url=https://finance.yahoo.com/news/stellantis-catl-build-eur4-1b-144300124.html |access-date=16 December 2024 |website=Yahoo}}
See also
References
External links
{{Commons category-inline}}
- {{Official website|https://www.stellantis.com}}
- [https://www.fcagroup.com/en-US/media_center/fca_press_release/FiatDocuments/2020/july/Stellantis_The_name_of_new_group_resulting_from_the_merger_of_FCA_and_Groupe_PSA.pdf STELLANTIS: The name of the new group resulting from the merger of FCA and Groupe PSA], joint press release of FCA and PSA
{{Stellantis}}
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