Stellantis N.V. engages in the designing, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, and mobility services worldwide. It provides luxury and premium vehicles; sport utility vehicles; and parts and accessories. The company also provides contract services; retail and dealer financing services; and vehicle leasing and rental services, as well as engages in after-market parts and service businesses and data businesses. It offers its products under the Abarth, Alfa Romeo, Chrysler, Citroën, DS Automobiles, Dodge, Fiat, Jeep, Maserati, Ram Trucks, Opel, Lancia, Vauxhall, Peugeot, Free2move, Share Now, Leasys, and Comau brand names through distributors and dealers. The company has a strategic collaboration with Microsoft Corporation for the development of AI initiatives across sales, customer care, and operations. The company operates in North America, France, Brazil, Italy, Germany, the United Kingdom, Turkiye, Spain, Argentina, Belgium, Austria, the Netherlands, Portugal, Poland, Algeria, Morocco, Japan, China, and internationally. Stellantis N.V. was founded in 1899 and is based in Hoofddorp, the Netherlands.
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Automakers Face 50% US Tariffs on Canada, Hope for Deal Before They Take Effect
Global automakers face a doubled problem after President Trump declared that from January 1 next year, the US will impose 50% tariffs on Canadian-made vehicles, auto parts, and trucks. One industry executive said, "We must not let Canada be treated like China in January." According to Barclays, Canadian-made vehicles account for only about 6% of US sales in 2025, but if tariffs double, Ford Motor, General Motors, Stellantis, Toyota, and Honda will face significant additional costs on their main models. Moreover, higher tariffs on parts would hit the entire US automotive supply chain. Some industry sources interviewed by Reuters suggested that since the tariffs are months away, there is still room for both sides to reach an agreement. Toyota and Honda are expected to be the most affected, as according to the Canadian Automobile Manufacturers Association, they account for over 75% of the 1.2 million vehicles produced in Canada in 2025, most of which are exported to the US.
Ford Plans Bronco Pickup and Major Portfolio Refresh by 2029
Ford Motor Company is expanding its Bronco lineup with a hybrid version due in 2027 and a Bronco-based pickup toward the end of the decade, while its luxury brand Lincoln will build a Bronco-based off-roader. These moves are part of a larger plan to refresh 80% of Ford's North American portfolio by 2029, which includes a $25,000 hybrid crossover and five vehicles under $40,000, as well as targeting half of its global volume to be hybrid, EV, or extended range by 2030. The strategy follows Ford's $19.5 billion charge and reversal of electric vehicle plans, which included canceling the F-150 Lightning, though it will return as an extended-range option. Ford also plans to add new Mustangs, including a four-door variant, and is banking on its low-cost Universal Electric Vehicle platform for future EV profitability, with the Fathom midsize electric truck due next year. The company faces competition from Stellantis, which is also planning affordable options to regain market share.
Leapmotor targets one million vehicle deliveries this year
Leapmotor aims to deliver one million vehicles in 2026, while pushing exports to 200,000 units, an increase of nearly three times from the previous year. Michael Wu, co-president of Leapmotor, told Bloomberg TV that the company remains on track to meet its goal after delivering 356,487 units in the first half, and expects to deliver more than 100,000 units per month through December. The company lowered its full-year profit forecast to 3 billion yuan from 5 billion yuan amid price competition and higher costs. Leapmotor plans to use the factory network of Stellantis, its largest shareholder, to expand production in Spain, Brazil, and Malaysia in order to reduce reliance on the Chinese market.
Ford and Stellantis Drop 4% as Trump Sets 50% Auto Tariffs on Canada
Ford and Stellantis each fell 4% after President Trump announced 50% tariffs on all Canadian vehicles and parts starting January 2027. Ford stock was down to $13.87 and Stellantis to $5.19 in Monday mid-morning trading, while General Motors slipped 2% to $86.28. The announcement came in a Truth Social post in which Trump accused Canada of ripping off the United States and cited a $60 billion trade deficit. The move follows the collapse of U.S.-Canada trade talks late Friday, with Canada's ambassador Mark Wiseman saying the written trade text diverged from what Canada believed it had agreed to. Washington separately applied 50% tariffs to about $20 billion of Canadian goods, and Canada announced counter-tariffs scheduled for September 8.
Ideal Power sees B-TRAN momentum with $400 million sales funnel
Ideal Power Inc is seeing growing momentum around its B-TRAN semiconductor technology as demand rises for solid-state circuit protection across AI data centers, energy infrastructure, and automotive applications. With its sales funnel now exceeding $400 million, the company is advancing prototypes while positioning itself for the shift toward high-voltage DC infrastructure. CEO David Somo highlighted progress with its lead Asian customer for a low-current solid-state circuit breaker, with first prototypes shipping in the next couple of weeks for internal testing and evaluation. The company also continues to work with Stellantis, which received a second shipment of B-TRAN samples, and is co-developing an intelligent solid-state circuit breaker prototype for a planned evaluation by a US hyperscaler. Ideal Power strengthened its balance sheet with $27.7 million in net proceeds from an offering during the quarter and ended June with $41.3 million in cash.
Next Jeep Cherokee to debut Stellantis STLA One platform in US
Stellantis announced that the next-generation Jeep Cherokee will be the first US vehicle assembled on its STLA One platform. The modular architecture, a cornerstone of the FaSTLAne 2030 strategy, targets 20% cost efficiency and supports multiple powertrains. The Cherokee will be built at the Belvidere Assembly Plant in Illinois, where Stellantis is increasing investment to more than $800 million from $600 million. Pilot production is expected in the first half of 2028, with retail production targeted for the second half of 2029.
Stellantis Recalls Nearly 1 Million Vehicles Over Backup Camera Glitch
Stellantis is recalling nearly 1 million Jeep, Chrysler, Dodge and Ram vehicles due to a software glitch affecting backup cameras. The recall spans U.S. and international markets and centers on camera displays that may fail to show images when drivers reverse. Stellantis plans to correct the issue primarily through an over the air software update instead of physical repairs at dealerships. The event highlights the growing reliance on software for advanced driver assistance systems, as well as the potential impact on customer trust and brand perception.
Stellantis weighs closure of Brampton plant in Canada, says Unifor
Stellantis is considering the closure and sale of its Brampton Assembly Plant in Ontario, Canada, according to workers union Unifor. The union said the company informed it on August 12, 2026 of its intent to open discussions with another firm about a potential sale. More than 2,200 Unifor Local 1285 members have been on layoff since the plant was idled in December 2023 for retooling to produce the Jeep Compass electric SUV, but Stellantis later moved that production to the US. Unifor argues the shift breaches its collective agreement and pledges tied to government funding, and says the potential shutdown highlights the effects of US auto tariffs. Stellantis has not yet issued a formal written notice of closure, which under the collective agreement requires at least one year's notice.
Automakers turn to new lubricant blends amid motor oil crisis
Automakers including Stellantis and Volkswagen are turning to new lubricant blends as motor oil shortages worsen due to the Iran war, the Financial Times reported. Supply chains for high-quality Group III base oils were severely disrupted after Iran struck Shell's gas-to-liquids plant in Qatar in March, and prices have nearly tripled from prewar levels to about $4,000 per ton in Europe and the U.S. Stellantis said it evaluated reformulated lubricants and secured alternative products that meet industry standards, while Volkswagen said it has secured supplies for now and is evaluating additional sourcing options. Toyota and Suzuki have also secured alternative supplies, and Nissan informed dealers of reduced production capacity for most lubricant products and said it would constrain supplies of its high-quality motor oil. Holly Alfano, CEO of the Independent Lubricant Manufacturers Association, warned that alternative suppliers have limited volumes and any renewed shipping disruption, refinery outage or other supply shock could rapidly worsen the situation.
Stellantis Weighs Brampton Plant Sale Amid Tariff Pressure
Stellantis is weighing the sale of its Brampton, Ontario assembly plant, a move its union Unifor tied directly to US tariffs on Canadian goods. The disclosure came just days after the automaker reported a second-quarter net profit of 293 million euros, reversing a year-earlier loss of 1.87 billion euros, with adjusted operating income more than tripling to 773 million euros. North American market share rose to 7.4% from 7%, and Ram posted its fourth straight quarter of year-over-year sales growth, up 6%, helped by renewed demand for the reintroduced Hemi V8. However, adjusted operating income missed the 914 million euro consensus estimate, and the stock fell nearly 10% on the news before recovering part of that loss. Unifor said Stellantis notified the union it may close and sell the Brampton plant, which employed 2,200 workers before idling, and the company cited US tariffs on Canadian goods as the driver.
Opel's Leapmotor partnership and job cuts fuel anxiety in Ruesselsheim
Opel is expanding its partnership with China's Leapmotor to build a new SUV, tapping the Hangzhou-based company's expertise on electric vehicles and low-cost production while cutting 650 engineering jobs at its Ruesselsheim development centre. Stellantis, Opel's parent company, announced the cuts in April from a total workforce of 1,650 at the site, amid a wave of job cuts across the German auto industry. Opel boss Florian Huettl said the partnership would combine German industrial know-how with Chinese software expertise, noting Chinese carmakers captured 9 percent of the EU market in the first five months of 2026 and 10.5 percent in June. The workforce at Ruesselsheim has shrunk from a 1970s peak of around 42,000 employees to approximately 6,800 by the end of 2025, and the city is now seeking to diversify economically, including plans to transform 140,000 square meters of released industrial land into a green hydrogen technology hub.
Stellantis Unveils 2027 Jeep Grand Cherokee Overhaul With New Trims
Stellantis is preparing a major 2027 update to the Jeep Grand Cherokee line, adding new trims and expanded off-road focused models. The refreshed range will include premium equipment and more customization options in one of Stellantis's highest-volume global vehicle lines. The move highlights the company's focus on defending and growing its position in the competitive SUV segment through product upgrades. The update is seen as a direct test of whether Stellantis can use a high-volume SUV to support revenue quality through richer mix and options, rather than simply focusing on unit volumes against rivals like Ford and Toyota.
Detroit Three face over $2 billion in annual added costs if USMCA origin rules are tightened
General Motors, Ford Motor, and Stellantis plan to tell the Trump administration that its proposal to tighten automotive rules of origin under the United States-Mexico-Canada Agreement would add at least $2 billion a year in costs and could hurt their competitiveness against foreign automakers. According to estimates by two of the major U.S. automakers, if requirements are introduced mandating that vehicles contain at least 50 percent U.S.-made parts, or if the North American parts content requirement is raised from the current 75 percent, the Detroit Three would face at least $2 billion in additional annual costs, on top of cost increases from various tariffs introduced since last year. General Motors has already indicated that its total tariff-related costs this year could reach $2.5 billion to $3.5 billion, potentially equivalent to more than 20 percent of its operating profit, while Ford estimates its net tariff burden at about $1 billion. The Office of the United States Trade Representative did not respond to a request for comment.
Ituran Location and Control reports record Q2 revenue and profit, driven by subscription growth
Ituran Location and Control reported record second-quarter results, with revenue rising 21% year over year to $104.8 million and subscription revenue increasing 25% to $79.8 million. EBITDA grew 24% to $28.5 million, while net income climbed 29% to $17.3 million, or $0.88 per diluted share. The company added 41,000 net subscribers, reaching 2.711 million, and generated a record $32.2 million in operating cash flow. Ituran ended June with $103.7 million in net cash and no debt, declared a $0.50-per-share dividend, and repurchased $3 million of stock. Management noted that OEM programs with Stellantis, Yamaha, and BMW are supporting expansion, while newer initiatives such as IturanMOB and Credit Carbon remain early-stage, with the U.S. rental-market rollout not expected to contribute materially in 2026 or 2027.
Trump touts tariff-driven manufacturing boom as Toyota, Stellantis announce billions in US investments
President Donald Trump declared that tariffs have been incredible, bringing in hundreds of billions of dollars and spurring major companies to shift production to the United States. Toyota recently announced a $3.6 billion investment in a new facility at its San Antonio manufacturing campus, moving Tacoma pickup truck production from Mexico and creating over 2,000 jobs. Stellantis announced a $13 billion US investment, the largest in its history, to expand domestic production by more than 50%. The White House also highlighted investments from Kraft Heinz and numerous semiconductor and energy businesses as evidence of returning production. Trump pointed to record stock market highs and said the country is rocking and rolling, while economists note that tariffs can raise consumer costs, with the Joint Economic Committee estimating they cost the average American family more than $1,700 over a recent 12-month period.
Stellantis to unveil most powerful SIXPACK Dodge Charger at Roadkill Nights
Stellantis will debut the most powerful SIXPACK-powered Dodge Charger and updated Dodge Durango options at the Roadkill Nights Powered by Dodge festival. The event showcases new performance-focused muscle car and SUV models, including an extended Durango color palette with a new Redeye option priced at a €595 equivalent MSRP in the U.S. These reveals aim to deepen customer appeal within Stellantis's US lineup and keep the portfolio fresh without a full model overhaul. The product activity comes as Stellantis reported a return to profit in Q2 2026 and reaffirmed its 2026 revenue guidance, with management continuing to highlight North America as a profit engine.
Cerence raises FY 2026 free cash flow guidance to $76M-$82M and launches $30M share buyback
Cerence raised its fiscal 2026 free cash flow guidance to a range of $76 million to $82 million, up from its prior outlook of $66 million to $76 million, and announced its first-ever share repurchase program authorizing up to $30 million in buybacks over the next 12 months. The company reported third-quarter revenue of approximately $70 million, in line with guidance, with adjusted EBITDA of $13.5 million and free cash flow of $20 million. For the fourth quarter, Cerence expects revenue between $61 million and $65 million, reflecting the absence of additional fixed license revenue and normal seasonal patterns. Management highlighted that approximately 100,000 vehicles equipped with its xUI platform are now on the road, with a ramp expected to begin at the end of 2026 and impact revenue in fiscal 2027 and beyond. The company also signed a new xUI deal with Stellantis and secured its first customer for a mobile work agent developed in collaboration with Microsoft.
Stellantis Q2 Profit Signals Turnaround Gains Traction in North America
Stellantis posted a second-quarter net profit of 293 million euros, or about $335.3 million, reversing a prior-year loss of 1.87 billion euros, signaling its global turnaround plan is gaining momentum. Adjusted operating income more than tripled to 773 million euros, though it fell short of Wall Street estimates of 914 million euros. North America was a bright spot, with market share rising to 7.4% from 7% a year ago, driven by strong demand for the Ram 1500 and the reintroduction of the Hemi V-8 engine. The company achieved its fourth consecutive quarter of year-over-year sales growth in the region, increasing 6% after seven years of annual declines. Stellantis aims to lift North American adjusted operating margins to between 8% and 10% over the next five years, supported by new vehicle launches and 11 planned SRT performance models across Ram, Jeep, and Dodge brands.
White House says US manufacturing is roaring back as GM and Ford pour billions into factories
The White House declared an automotive renaissance is underway, pointing to billions of dollars in new investments by major automakers and other companies in Michigan. General Motors has invested more than $6 billion in U.S. manufacturing since 2025, including $830 million to strengthen three propulsion facilities. Ford committed $3 billion to BlueOval Battery Park Michigan, supporting 1,700 jobs, and roughly $2 billion to overhaul its Louisville Assembly Plant in Kentucky, with the combined projects creating or securing nearly 4,000 jobs. Stellantis is directing hundreds of millions of dollars toward Michigan, including a $388 million megahub in Van Buren Township, a $140 million expansion in Detroit, and $100 million to add production in Warren. The White House also highlighted investments beyond the Detroit Three, such as a planned hyperscale data center campus worth more than $7 billion involving OpenAI, Oracle, and Related Digital, as well as a $1.5 billion investment by Corning adding over 400 advanced manufacturing jobs.
UBS downgrades Stellantis on stalled U.S. turnaround
UBS downgraded Stellantis to Neutral from Buy, citing insufficient progress on the automaker's U.S. recovery despite a healthy market. Analyst Patrick Hummel noted that higher volumes have not translated into expected profits, dealer inventories remain elevated, and customer uptake of new products has lagged guidance. The firm also flagged growing competitive pressure in Enlarged Europe and the Third Engine regions, which further challenges Stellantis' ambitious 2028 business plan targets. UBS cut its adjusted operating income forecasts by 12% to 18%, projecting 3.0 billion euros with a 1.9% margin for 2026 and 4.7 billion euros with a 2.9% margin for 2027. The price target was lowered to 5.8 euros from 9.5 euros, implying a valuation of 6 times 2027 earnings.
Stellantis Returns to Profit in Q2 2026 Driven by North America
Stellantis returned to profitability in the second quarter of 2026 after a year of losses, driven by strong North American sales and higher operating income. The company reported net income of €266 million for the quarter and €656 million for the first half of 2026. Management reaffirmed the FaSTLAne 2030 plan, emphasizing North American investment and European restructuring, while new regional and brand heads were appointed for Ram, Jeep, and the Asia-Pacific region.
Stellantis second quarter profit misses estimates, shares fall
Stellantis reported second quarter net profit of €293 million, missing analyst expectations of €464 million, sending its US-listed shares down 3% to about $6. Revenue rose 13% year-over-year to €43.5 billion, ahead of the €42.83 billion consensus, driven by higher volumes and a 32% revenue jump in North America. Adjusted operating income improved to €773 million from €213 million a year earlier, but fell short of the roughly €903 million to €914 million analysts had forecast. The company reaffirmed its 2026 guidance for mid-single-digit revenue growth and a low-single-digit adjusted operating income margin, while estimating a net tariff headwind of €1 billion to €1.2 billion for the year.
Stellantis Swings to Profit on Robust North America Shipments
Stellantis NV swung to a profit in the second quarter, reporting net income of €293 million compared with a €1.87 billion loss a year earlier, driven by rising demand in North America for models such as the Ram 1500 pickup truck. Adjusted operating earnings came in slightly below analyst estimates amid high raw-material costs and weak pricing in Europe, where competition from Chinese rivals is intensifying. Chief Executive Officer Antonio Filosa plans to spend some €60 billion through 2030 on dozens of new models, prioritizing the Jeep, Ram, Peugeot and Fiat brands while partnering with China's Zhejiang Leapmotor Technology Co. and Dongfeng Motor Corp. to fill underused European plants. In Europe, shipments increased 5% due to robust demand for smaller cars including the Fiat 500 and the Citroën C3 Aircross, though the operating margin remained below zero. Stellantis shares are still down 44% this year in Milan, the worst-performing stock in the Europe Stoxx 600 Index.
Trump says tariffs saved GM, but the automaker expects up to $3.5 billion in tariff costs this year
President Donald Trump claimed that his tariffs have saved General Motors, but GM’s regulatory filings show the import taxes will cost the company between $2.5 billion and $3.5 billion this year. Trump made the remarks during a visit to a GM facility in Michigan and in a Fox News interview, while GM’s July 21 SEC filing revealed the projected tariff hit. The other two Detroit automakers are also bracing for significant charges, with Ford expecting $1 billion and Stellantis projecting about $1.5 billion in 2026. GM has raised its 2026 profit outlook to between $14 billion and $16 billion and plans to spend at least $6 billion to expand domestic production of full-sized trucks and SUVs.
Archer Aviation Seen as Distressed Strategic Asset with Stellantis as Top Potential Acquirer
Archer Aviation has become a distressed strategic asset with shares down 55.3% over one year to a $3.7 billion market cap, despite being the first eVTOL developer to complete Phase 3 of FAA Type Certification. Stellantis is identified as the most plausible acquirer, already holding a 10.4% stake and serving as exclusive manufacturer of Archer's Midnight aircraft, with $47.7 billion in cash providing firepower. United Airlines, which holds a conditional order for 200 Midnight aircraft, ranks second, while Lockheed Martin, Boeing, and Nvidia are seen as less likely buyers. Analysts maintain a $10.50 consensus price target on ACHR, and a put/call ratio of 0.27 signals bullish options market sentiment.
Stellantis to sell car-sharing unit Free2move to Mutares
Stellantis has agreed to sell its entire stake in car-sharing division Free2move to German private equity firm Mutares. Free2move operates short- and long-term free-floating fleets in 14 cities across Europe and the US, making it one of the more geographically diversified operators in the sector. The divestment aligns with Stellantis' FaSTLAne 2030 strategy of disciplined capital allocation, while Mutares gains a new mobility platform and plans to overhaul fleet management, accelerate the shift to battery-electric vehicles, and enhance customer experience. The deal is expected to close by year-end, subject to regulatory approvals.
Stellantis North America shipments jump 122,000 units in second quarter
Stellantis reported a 122,000-unit increase in North American shipments during the second quarter, accounting for 81% of the company's total 150,000-unit shipment growth. The surge was partly driven by a buildup of inventory ahead of a planned summer factory shutdown, but U.S. retail sales still rose 6%, marking the fourth consecutive quarterly gain. The North American performance is central to Stellantis' $70 billion global turnaround plan, with roughly 60% of the $42 billion earmarked for products and branding over the next five years directed to the region. The company aims to grow North America volume by 35% and Ram brand volume by 60% through 11 new vehicles by the end of the decade.
Carvana’s Stellantis Dealership Acquisitions Could Unlock High-Margin Revenue
Carvana is buying physical dealerships, primarily from Stellantis, in a strategic pivot that could give it control over the entire trade-in lifecycle and unlock high-margin service and parts revenue. The online used-car retailer’s recently acquired Arizona dealership saw monthly sales jump from 30 to 50 vehicles to more than 700 new vehicles in May, according to Stellantis figures. Carvana’s physical locations will not sell vehicles in person but will offer test drives and help consumers buy from a larger online selection, while also capturing trade-in inventory and service bay revenue. The move comes as Stellantis embarks on a $70 billion global turnaround plan focused on North America, with 11 new vehicles headed to the U.S. market and many priced under $40,000. Carvana’s early success and Stellantis’ massive investment could make this pairing a major growth driver for Carvana over the next five years.
US EV Industry Faces Financial Crisis as Valuations and Cash Reserves Plummet
The US electric vehicle industry is experiencing a severe financial downturn, with pure-play startups Lucid and Rivian burning through billions in cash while legacy automakers take massive write-downs. Lucid, once valued at $91 billion, is now worth just $2.87 billion, and its free cash flow was negative $3.8 billion for full-year 2025 against revenue of $1.35 billion. Rivian's cash reserves shrank from $4.81 billion to $2.85 billion, and it reported negative free cash flow of $1.08 billion in Q1 2026. Stellantis posted a $22.33 billion net loss for fiscal 2025, with CEO Antonio Filosa admitting the company overestimated the pace of the energy transition, while Ford recorded $10.7 billion in EV-related impairments and program cancellations in Q4 2025. Tesla remains the segment leader with a roughly $1.2 trillion market cap, but its Q4 2025 deliveries fell 16% year over year to 418,227 vehicles, and prediction markets doubt its near-term robotaxi and Optimus timelines.
Stellantis will integrate Mobileye Global's cloud-enhanced advanced driver-assistance and Road Experience Management technologies into select models starting in 2027, initially rolling out features like enhanced lane keeping and hands-free driving in certain U.S. vehicles. This partnership underscores Mobileye's position as a key ADAS software and data provider as automakers seek richer safety features and recurring software revenue streams. The deal reinforces the investment narrative around broad OEM adoption of Mobileye's ADAS and autonomous software and supports near-term catalysts around winning and scaling programs like SuperVision and Chauffeur. However, it does not remove key risks tied to auto demand, tariffs, and potential delays in OEM decisions on higher-end ADAS platforms. Consensus revenue expectations for Mobileye are around US$1,935 million to US$2,015 million in 2026, while the company's own narrative projects $3.2 billion revenue and $6.2 million earnings by 2029, requiring 16.3% yearly revenue growth and an earnings increase of about $4.1 billion from a current loss of $4.1 billion.
Mobileye to supply cloud-based driver assistance technology to Stellantis
Israel's Mobileye Global announced it will provide cloud-based advanced driver assistance technology to European-American auto giant Stellantis. Starting in 2027, select Stellantis models will be equipped with Mobileye's Road Experience Management technology, using crowdsourced road data to enhance the accuracy of lane keeping and hands-free driving. The first deployment is planned for some models in the United States next year, with broader rollout varying by vehicle platform and specifications. Stellantis becomes the fifth among the world's top ten automakers to contribute data to Mobileye's REM platform, where over eight million vehicles recorded 34 billion miles of data last year.
Chrysler ranks last in ACSI mass market survey as sales plunge 80% over two decades
Chrysler scored 67 out of 100 in the ACSI Automobile Study 2026, the lowest among 16 mass market brands and well below the segment average of 78. Toyota led the mass market rankings with a score of 83, followed by Subaru at 81. The survey, based on 6,699 responses collected from July 2025 to June 2026, evaluated factors including comfort, driving performance, safety, dependability, and technology. Chrysler, owned by Stellantis, sold fewer than 125,000 vehicles in 2024, an 80% decline from nearly 600,000 in 2005, and now offers only two minivan models. Stellantis has signaled a desire to revive the brand, but expanding the lineup into SUVs or pickups would create direct competition with its own Jeep and Ram brands, making a meaningful recovery nearly impossible without billions in investment.
Stellantis has appointed Matt VanDyke as CEO of the Ram brand and Branden Coté as CEO of the Jeep brand as part of CEO Antonio Filosa's ongoing leadership restructuring. The changes aim to refine brand direction, product plans, and execution across two of Stellantis' core global franchises. The stock has faced sustained pressure, closing at €5.052, down 48.0% year to date and 37.1% over the past 12 months. Over three years, Stellantis is down 65.0%, and over five years it is down 56.4%. The new appointments give investors fresh reference points for future product announcements and execution on turnaround efforts.
Volkswagen launches €28,000 electric SUV for Europe's budget EV buyers
Volkswagen has launched a new budget electric compact SUV in Europe, the ID. Cross, priced at €28,000. The model targets value-conscious consumers and adds a product lever to the company's broader restructuring story, which has so far been dominated by cost cuts and capacity decisions. Volkswagen's stock has faced pressure, trading at €73.12 and down 31.3% year to date, with profit margins at 1.9% and debt not well covered by operating cash flow. The launch positions Volkswagen in a segment where competition from Tesla, Stellantis, and Chinese EV producers is intense on price and features. Investors will watch order intake, pricing discipline, and whether the ID. Cross supports or dilutes margins as the company balances volume growth with financial flexibility.
Stellantis adds remote engine start to standard Connect One plan and cuts Wi-Fi Plus price for 2027 models
Stellantis is adding remote engine start and stop via its mobile app to the standard Connect One plan for most 2027 model year vehicles from Chrysler, Dodge, Jeep, Ram, FIAT, and Alfa Romeo, while also reducing the monthly cost of its optional Connect Wi-Fi Plus package. The Connect One plan, which provides 10 years of remote features and vehicle health information at no extra cost, now includes remote engine start and stop for most 2027 models. The Connect Wi-Fi Plus package, which offers unlimited data for the vehicle-mounted hotspot plus connected navigation and services like stolen vehicle assistance, drops to $15.99 per month, a $2 reduction, and includes a three-month free trial when enrolled within 30 days of purchase. Buyers of 2027 Jeep Grand Wagoneer, Wagoneer S, and Alfa Romeo vehicles receive 10 years of Connect One and three years of Connect Plus at no extra charge, with a one-month free Wi-Fi unlimited data trial. Stellantis also introduced a three-year SiriusXM Extended Service Subscription available as a factory option or through dealership finance offices for up to 75 days after sale.
Stellantis Faces Inventory Glut as Turnaround Strategy Aims to Revive Stock
Stellantis shares could rebound if its FaSTLAne 2030 turnaround gains traction, but a growing inventory glut in North America threatens near-term margins. The automaker’s global shipments rose 10% year over year to 1.6 million units in the second quarter of 2026, driven by a 38% surge in North American shipments, while North American sales increased only 5.7%, signaling a buildup of unsold vehicles on dealer lots. Core brands Dodge, Jeep, and Ram each have over 140 days’ supply, far above the historical healthy level of about 60 days and the industry average of 76 days, according to Cox Automotive. The oversupply is expected to force higher consumer incentives and discounts to clear older models, potentially eroding margins just as Stellantis plans to launch 60 new vehicles by 2030 and focus 70% of product investment on Jeep, Ram, Peugeot, and Fiat.
Stellantis to Announce Second Quarter 2026 Financial Results on July 30
Stellantis N.V. will release its Second Quarter 2026 Financial Results on Thursday, July 30, 2026. A live audio webcast and conference call will take place at 2:00 p.m. CEST, with the related press release and presentation materials expected to be posted in the Investors section of the Company's website at approximately 8:00 a.m. CEST. Access details for the presentation are available on the corporate website, and a replay will be available following the live event.
Stellantis Shipments Jump 10% as North America Surges 38%
Stellantis reported estimated second-quarter shipments of 1.6 million vehicles, a 10% increase from the same period last year. North American shipments rose 38% after the automaker brought back models including the Ram 1500 pickup truck with a Hemi V8 engine. European shipments increased 5%, with figures including its joint venture with Chinese automaker Zhejiang Leapmotor Technology. CEO Antonio Filosa presented a turnaround strategy in May calling for 60 billion euros, or 68.4 billion dollars, of spending through 2030 to introduce dozens of new models. Despite the stronger shipment figures, Stellantis shares have fallen more than 25% since the plan was introduced, and JPMorgan and HSBC downgraded the stock this month.
Stellantis Q2 Shipments Rise 10% as North America Rebounds
Stellantis reported preliminary second-quarter 2026 vehicle shipments of nearly 1.6 million units, up 10% year-on-year. North America led the recovery with a 38% increase to 445,000 units, driven by new and refreshed models including the Ram 1500, Jeep Grand Wagoneer, Grand Cherokee, and Chrysler Pacifica, though part of the gain reflected inventory builds ahead of a planned summer shutdown. Enlarged Europe grew 5% to 762,000 units, including roughly 33,000 Leapmotor vehicles distributed in the region. South America, Middle East and Africa slipped 3%, largely due to the regional conflict. Full second-quarter results are scheduled for July 30.
DOJ grand jury probes UAW President Shawn Fain over alleged benefits for fiancée
The U.S. Justice Department has opened a grand jury investigation into allegations that United Auto Workers President Shawn Fain sought special benefits for his fiancée and her sister, according to internal union communications reported by Bloomberg. Federal prosecutors have subpoenaed the UAW’s court-appointed monitor, escalating scrutiny of the union which remains under independent oversight following a 2020 corruption scandal. The probe centers on claims that Fain sought a financial bonus for his fiancée and supported a workers’ compensation claim involving her sister, and that he retaliated against Vice President Rich Boyer after Boyer declined to approve the requests. Fain has denied wrongdoing, calling the accusations politically motivated, and no charges have been filed. The investigation adds uncertainty around UAW leadership as the union pursues aggressive organizing campaigns and negotiates with major automakers including Ford, General Motors and Stellantis.