Stellantis N.V. 

Stellantis NV engages in the design, manufacture, distribution, and sale of vehicles. It offers its products under the Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Fiat Professional, Jeep, Lancia, Opel, Peugeot, Ram, and Vauxhall brands. It operates through the following segments: North America, South America, Enlarged Europe, Middle East and Africa, and China, India and Asia Pacific. The company is headquartered in Hoofddorp, the Netherlands.

Earnings data Q3 2024

Stellantis NV engages in the design, manufacture, distribution, and sale of vehicles. It offers its products under the Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Fiat Professional, Jeep, Lancia, Opel, Peugeot, Ram, and Vauxhall brands. The company was founded on April 01, 2014 and is headquartered in Hoofddorp, the Netherlands.

Stellantis reached an agreement with workers after a 44-day strike, resulting in wage increases totaling 27% over four-and-a-half years. Headwinds being signaled by other industrial companies made me think the best days for STLA could be over. Digging into the recent report, the picture is quite a bit different.

Stellantis: I Was About To Sell, But Didn't

Ford Motor Company

General Motors

Detroit 3 automakers' tentative deals with UAW have not been uniformly received. The outcome of final voting and negotiations is likely to influence labor dynamics across the industry.

UAW & Detroit 3 Tentative Deal Leads to Mixed Responses

Stellantis to Celebrate Opening of its First Circular Economy Hub on November 23 AMSTERDAM, November 15, 2023 – Stellantis N.V. announced today it will celebrate the official opening of its first SUSTAINera Circular Economy Hub within the Mirafiori complex in Turin, Italy on November 23, 2023, at 2:30 p.m.

Stellantis to Celebrate Opening of its First Circular Economy Hub on November 23

Stellantis is moving forward with a cost-cutting push as it prepares for the shift to electric vehicles and larger labor cost under the new tentative UAW contract.

Stellantis offers buyouts to roughly half of US salaried employees

The deals, which were recommended for ratification by UAW leaders, are each currently on pace to pass. Yet they've received notable rejections at Ford and GM.

Here's why the UAW's record deals with GM, Ford and Stellantis aren't getting full support

Stellantis, the parent company of Chrysler, announced on Monday that it is offering 6,400 US salaried employees voluntary buyouts in an effort to cut costs amid the transition to electric vehicles following a new United Auto Workers contract.  The offer will be given to about half of its US white-collar employees.

Stellantis offers buyouts to 6,400 US salaried employees

This marks the second round of salaried buyouts this year for Stellantis and comes weeks after a tentative deal with the UAW covering unionized workers.

Stellantis offers buyouts to roughly half of U.S. salaried workers

Chrysler parent Stellantis STLA, +1.60% plans to offer its second round of buyouts this year to around half its white-collar employees in the United States, the Wall Street Journal reported Monday. The reported buyouts, set to be offered to around 6,400 salaried workers, would come as the automaker tries to cut costs in an effort to pivot to electric vehicles and as the company prepares to pay out more after reaching a tentative deal with United Auto Workers union employees, the Journal said.

Stellantis offering another round of buyouts to white-collar workers: WSJ

Chrysler-parent Stellantis said Monday it is offering 6,400 U.S. salaried employees voluntary buyouts as it works to cut costs amid the transition to electric vehicles and agreeing to a new United Auto Workers contract.

Stellantis offering 6,400 US salaried employees voluntary buyouts

Stellantis introduced the 1500 Ramcharger, a battery-electric pickup truck with an on-board generator to address range anxiety and charging infrastructure issues. The Ramcharger generates 663 horsepower, has a range of 145 miles on pure electric charge, and can achieve 0 to 60 mph in 4.4 seconds. Stellantis' solution aims to appeal to pickup truck buyers hesitant to switch to electric vehicles, but its success and potential impact on competitors remain uncertain.

Stellantis Eyes Range Anxiety, Aims To Shake Up EV Market

Honda

Toyota Motor

The foreign auto industry is thriving on soaring EV demand and rising sales in key markets like India, Japan and Europe. Industry participants like TM, STLA and HMC make for solid investment options.

3 Best Buys From the Promising Foreign Auto Industry

AUBURN HILLS, Mich., Nov. 9, 2023 /PRNewswire/ -- Stellantis brands take home nine awards, the most of any manufacturer at the annual Texas Truck Rodeo competition Ram and Jeep® brands pull ahead of the competition in head-to-head matchups Ram 1500 wins Full-size Pickup Truck of Texas for the sixth consecutive year, Luxury Pickup Truck of Texas for the eighth consecutive year and tops the scoring charts with the highest personal appeal Ram Heavy Duty Rebel earns the title of Heavy Duty Pickup Truck of Texas and extends Ram's dominance in the Heavy Duty category for the seventh consecutive year Jeep Grand Cherokee wins Mid-size SUV of Texas, making 2023 the fifth time the Grand Cherokee has won the Mid-size category Jeep Wrangler wins the Off-Road SUV category for a ninth time and the Jeep Wrangler Rubicon 392 tops the score charts for Best Performance Stellantis' Uconnect 5 infotainment system wins Best Feature award Ram and Jeep® vehicles earned top honors at the annual Texas Truck Rodeo, hosted by the Texas Automotive Writers Association (TAWA).

Ram and Jeep® Brands Earn Top Honors From Texas Auto Writers Association

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Stellantis (STLA) a Great Value Stock Right Now?

General Motors (GM) and Stellantis (STLA) joined other automakers investing a combined $33 million in Niron Magnetics, a startup producing rare earth-free magnets used in electric vehicles (EVs).

GM and Stellantis Invest in EV Magnet Startup Amid Concerns About Reliance on China

Workers at Ford's Chicago assembly plant have voted to ratify a proposed contract with the automaker, the United Auto Workers (UAW) union's local chapter said on Wednesday.

Highlights of UAW's deals with Detroit Three automakers

Factory Booster Day encourages Stellantis production professionals across the world to audition solutions to challenges identified by manufacturing plants. An element of the Stellantis Production Way, smart manufacturing is powered by an Open Challenge process: the Company invites suppliers and startups to demonstrate solutions that will help plants address challenges and meet strategic goals.

Smarter Manufacturing: Stellantis Gathers Partners to Solve Production Challenges through Innovation

General Motors and Stellantis said on Wednesday they will invest in startup Niron Magnetics, part of a plan to develop electric-vehicle magnets without rare earths as the automotive industry aims to curb its reliance on China.

GM, Stellantis invest in EV magnet startup in move to reduce China reliance

Labor unions may be entering a new age of victory. As of last week, the United Auto Workers (UAW) had reached tentative agreements with Detroit's Big 3 automakers.

The Big 3 Auto Stocks Are Screaming Buys on Tentative UAW Deal

Stellantis is trading at low financial metrics compared to other automotive peers, presenting a buying opportunity. The company has shown strong revenue growth and profitability, with record-breaking figures in revenue, profit, and free cash flow. STLA aims to become a leader in the electric vehicle market, with plans to launch 75 electric models by 2030 and strategic investments in battery production.

Stellantis Is Still A Conviction Buy

Stellantis will offer a previously undisclosed plug-in hybrid model of its Ram pickup truck, called Ramcharger, and phase out V-8 Hemi engines as part of its strategy to cut the CO2 emissions of its North American fleet.

The Hemi fades away as Stellantis electrifies its Ram trucks

The new Ram pickup can operate as an EV until the battery dies and an onboard generator — powered by a 3.6-liter V6 engine — kicks on to power the vehicle.

Stellantis' new Ram pickup is an EV — with a gas-powered generator in case the battery runs out

Unifor said on Monday that members at Stellantis' facilities in Windsor, Brampton, Etobicoke, Mississauga and Red Deer have voted to ratify new three-year collective agreements with the company.

Unifor members in some Canadian Stellantis facilities ratify new contracts

AUBURN HILLS, Mich. , Nov. 6, 2023 /PRNewswire/ -- Alps Alpine North America, Inc. announced today that it was named Stellantis' North American Supplier of the Year during the Company's third annual Global Supplier Awards ceremony at the Conner Center in Detroit.

Alps Alpine Recognized as Stellantis' North American Supplier of the Year

On Monday, the UAW labor union ended its strike against Ford, GM, and Stellantis. All Big Three automakers can expect their labor costs to rise going forward.

What Does Stellantis's New Labor Contract Mean for Investors?

Stellantis N.V. (NYSE:STLA ) Q3 2023 Earnings Conference Call October 31, 2023 9:00 AM ET Company Participants Ed Ditmire - Head, Investor Relations Natalie Knight - Chief Financial Officer Conference Call Participants George Galliers - Goldman Sachs Michael Jacks - Bank of America Daniel Roeska - Bernstein Research José Asumendi - J.P.

News for Stellantis N.V. Stock (STLA)