50 Facts About Stellantis

Formation and Merger

Stellantis emerged as a significant player in the automotive world through a strategic merger. This union brought together two giants, creating a powerhouse with a diverse brand portfolio.

1. Stellantis was created in 2021 through the 50:50 merger of PSA Group and Fiat Chrysler Automobiles (FCA).
2. The merger aimed to leverage the strengths of both companies, creating a more competitive and sustainable entity in the automotive industry.

Headquarters and Incorporation

Understanding where Stellantis operates from gives insight into its global strategy and reach.

3. Stellantis is technically registered and headquartered in The Netherlands, with its corporate office located in Hoofddorp.
4. The company is listed on the Milan and Paris Stock Exchanges as well as the New York Stock Exchange (NYSE), where it trades under the ticker symbol $STLA.

Ownership Structure

The ownership structure of Stellantis reflects its diverse and international roots.

5. The ownership structure includes majority shareholders from both previous companies.
6. The Peugeot family of France and the Agnelli family from Italy hold significant stakes.
7. Investment arms for the French government, Bpifrance, and Chinese vehicle manufacturer Dongfeng Motor Corporation are also major stakeholders.

Brand Portfolio

Stellantis boasts an impressive lineup of brands, each with its unique identity and market presence.

8. Stellantis operates under 14 active car brands: Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, RAM, and Vauxhall.
9. Additionally, there are non-manufacturing brands related to finance and mobility, such as Free2move and Leasys.

Logo and Etymology

The Stellantis logo and name carry significant meaning and symbolism.

10. The Stellantis logo features the word "Stellantis" in capital letters, with the central "A" surrounded by a circular sea of stars.
11. The name comes from the Latin verb "stello," meaning adorned with stars.

Leadership

Strong leadership is crucial for navigating the complexities of a global automotive giant.

12. John Elkann, heir to the Agnelli empire, serves as the Chairman of Stellantis.
13. Carlos Tavares, who was the CEO of PSA Group, is the current CEO of Stellantis and will lead the company for at least the first five years.

Global Presence

Stellantis has a vast global footprint, reflecting its ambition to be a dominant player worldwide.

14. Stellantis has production sites in 29 countries and sells vehicles in more than 130 countries.
15. The company employs approximately 400,000 people globally.

Sales and Revenue

Stellantis ranks among the top automakers in the world, with impressive sales and revenue figures.

16. As of 2023, Stellantis was the world's fourth-largest automaker by sales, behind Toyota, Volkswagen Group, and Hyundai Motor Group.
17. The company was ranked 61st in the Forbes Global 2000 in 2023.

Stock Listing

Stellantis' presence in major stock exchanges highlights its financial strength and investor confidence.

18. Stellantis' stock is listed on the Borsa Italiana, Euronext Paris, and the New York Stock Exchange (NYSE).
19. The company uses the ticker symbol $STLA for trading on the NYSE.

Announced Investments

Stellantis is committed to significant investments to drive innovation and growth.

20. In 2021, Stellantis announced plans to invest over €30 billion by the end of 2021.
21. This investment includes developing new models and technologies, with a focus on electrification and sustainability.

Electrification Strategy

Stellantis is making bold moves towards electrification, aiming to lead the industry in this crucial area.

22. Stellantis aims to achieve 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.
23. The company plans to have more than 75 BEV models available globally by then, targeting 5 million annual BEV sales.

Battery Technology

Innovative battery technology is at the heart of Stellantis' electrification efforts.

24. Stellantis is using a mix of nickel- and cobalt-free, and nickel-based battery options.
25. The company recently added lithium iron phosphate (LFP) battery packs for cheaper BEV variants.

Charging Stations

To support its electrification strategy, Stellantis is expanding its network of charging stations.

26. Stellantis launched a network of charging stations in November 2021.
27. The company aims to expand this network further to enhance customer convenience.

Supply Chain Challenges

Like many in the industry, Stellantis has faced supply chain challenges, particularly with semiconductor shortages.

28. In 2021, Stellantis faced supply chain shortages due to semiconductor chip shortages.
29. The company made an agreement with Foxconn to supply chips for its vehicles and other automotive industry needs.

Production Halt

Supply chain issues have occasionally led to production halts, impacting Stellantis' operations.

30. In June 2022, Stellantis paused production at two French plants due to semiconductor shortages.
31. The company has been working to mitigate these issues through strategic partnerships.

Acquisition of Leapmotor

Stellantis is expanding its reach in the electric vehicle market through strategic acquisitions.

32. On October 26, 2023, Stellantis acquired approximately 20% of Chinese electric vehicle manufacturer Leapmotor for €1.5 billion.
33. This acquisition grants Stellantis exclusive rights to sell, export, and manufacture Leapmotor products outside of China under the newly established joint venture Leapmotor International.

Joint Venture Plans

The joint venture with Leapmotor aims to significantly boost Stellantis' sales outside of China.

34. The joint venture aims to achieve 500,000 sales outside of China by 2030.
35. The possibility of producing Leapmotor cars in Europe is also under consideration if duties on Chinese cars are raised.

Share Buyback

Stellantis is taking steps to enhance shareholder value through share buybacks.

36. In 2024, Stellantis announced a 3 billion euro ($3.2 billion) share buyback program.

Acquisition of SteerLight

Stellantis is investing in advanced technologies to stay ahead in the autonomous driving space.

37. In March 2024, Stellantis acquired a stake in the Grenoble-headquartered optical radar start-up SteerLight.
38. This acquisition supports Stellantis' efforts in autonomous driving technology.

Motorsport Activities

Stellantis is also active in the world of motorsport, showcasing its engineering prowess.

39. Stellantis Motorsport is a department led by Jean-Marc Finot, responsible for the motorsport activities of the corporation's brands.
40. This includes Citroën Racing, DS Performance, Maserati, Opel Motorsport, and Peugeot Sport.

Dare Forward 2030 Plan

Stellantis has a clear vision for the future, encapsulated in its Dare Forward 2030 plan.

41. Stellantis is implementing its Dare Forward 2030 plan, focusing on electrification and sustainability.
42. The company aims to invest over €50 billion in this initiative over the next decade.

Research and Development

Continuous innovation is key to Stellantis' success, driven by robust research and development efforts.

43. Stellantis continues to invest in research and development activities.
44. The company is addressing environmental and safety regulations, as well as emerging mobility trends and connectivity technologies.

Modular Vehicle Platforms

Stellantis' platform strategy allows for flexibility and efficiency in vehicle production.

45. Stellantis has announced a platform strategy consisting of four platforms: STLA Small, STLA Medium, STLA Large, and STLA Frame.
46. These platforms offer high flexibility in terms of length and width with component sharing.

Full-Electric Propulsion Systems

Stellantis is developing a range of full-electric propulsion systems to support its BEV models.

47. Stellantis is developing full-electric propulsion systems, including the STLA Small, STLA Medium, STLA Large, and STLA Frame platforms.
48. These platforms support a range of BEV models, from ultra-compact cars to full-size SUVs and pick-up trucks.

Partnerships and Collaborations

Strategic partnerships enhance Stellantis' capabilities and market reach.

49. Stellantis has partnered with The Qt Company in February 2024 to develop HMI systems and other features for European car brands.
50. This collaboration enhances the company’s software capabilities and user experience.

Stellantis: A Powerhouse in the Automotive World

Stellantis stands tall as a global automotive giant, born from the merger of Fiat Chrysler Automobiles and PSA Group. With 14 iconic brands under its umbrella, it’s clear Stellantis aims to dominate the industry. The company’s ambitious plans for electrification, including a goal of 100% battery electric vehicle sales in Europe by 2030, show its commitment to a sustainable future. Investments in battery technology, charging stations, and autonomous driving highlight its forward-thinking approach. Despite challenges like semiconductor shortages, Stellantis continues to innovate and expand, evidenced by its acquisition of a stake in Leapmotor and SteerLight. Under the leadership of Carlos Tavares, Stellantis is not just keeping up with the times but setting the pace. With a diverse portfolio and a clear vision, Stellantis is poised to shape the future of the automotive industry.