Stellantis is a publicly owned automotive manufacturer headquartered in France. Founded in 2021, the company employs approximately 104,570 individuals globally and focuses on motor vehicle manufacturing. The company operates a diverse portfolio of automotive brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, and Vauxhall, alongside mobility brands Free2move and Leasys.

Revenue

Founded

2021

Headcount

104,567

Headquarters

France

Primary Segment

Motor Vehicle Manufacturing

Ownership

Publicly Owned

News Summary:

On March 22, 2026, the Hurricane straight-six engine, developed to succeed the Hemi V8 in Dodge and Ram vehicles, gained recognition for its engineering. This comes as major automakers, including Stellantis, reassess their electrification strategies due to sustained demand for internal combustion engines and shifting policy support from the US and Europe. Analysts predict these adjustments could reshape investment plans and result in billions in write-downs as firms pursue a more gradual transition to electric vehicles. Previously, on March 21, Fiat emphasized driver engagement by offering its 600 model with a traditional gasoline engine and a manual gearbox, despite manual transmissions featuring in only 17% of new cars sold in Europe last year. Earlier the same day, Chrysler faced scrutiny for its lack of tangible progress on new models, with the updated 2027 Pacifica remaining largely unchanged and little new development since the 300 sedan's production ended in late 2023. Also on March 21, Jeep Australia continued to struggle with declining sales, attributed to factors like rising prices for models such as the Wrangler, a shortage of market-suitable models, and past issues with customer service.
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