Cars

SHERIDAN, WYOMING – November 16, 2024 – SHERIDAN, WYOMING – November 16, 2024 – Stellantis N.V., a global automotive giant renowned for its diverse portfolio of iconic brands, has unveiled its groundbreaking STLA Medium platform, a revolutionary architecture designed to propel the future of electric vehicles (EVs). This innovative platform sets new standards for range, efficiency, and performance, promising an unparalleled driving experience for EV enthusiasts worldwide.

STLA Medium: Engineered for the Heart of the Market

The STLA Medium platform is strategically engineered to cater to the C- and D-segments, the core of the global vehicle market, which accounted for a staggering 35 million vehicle sales in 2022. This adaptability allows Stellantis to cater to a wide range of customer preferences, offering a diverse lineup of passenger cars, crossovers, and SUVs across its various brands.

SHERIDAN, WYOMING – November 16, 2024 – SHERIDAN, WYOMING – November 16, 2024 – Stellantis, the global automotive powerhouse behind a diverse portfolio of 14 iconic brands, is celebrating a string of commercial successes in the third quarter of 2024. Despite a year marked by industry transitions, Stellantis brands continue to resonate with customers worldwide, demonstrating strength in key markets and a growing appetite for innovative, electrified vehicles.

Global Market Leadership

Stellantis has secured the top spot in several major automotive markets, including France, Italy, Brazil, Portugal, Turkey, Algeria, and Argentina. The company also boasts a strong presence in Europe's leading economies, ranking among the top three automakers in Germany, Spain, and the United Kingdom.

SHERIDAN, WYOMING – November 16, 2024 – SHERIDAN, WYOMING – November 16, 2024 – Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP), a global automotive leader, today announced its third-quarter 2024 results, demonstrating a strategic focus on navigating a transitional period marked by product upgrades and inventory reduction initiatives. The company reported lower net revenues while also reaffirming its full-year guidance.

Q3 2024 Financial Highlights

Stellantis reported net revenues of €33.0 billion for the third quarter, a 27% decrease compared to the same period in 2023. This decline is primarily attributed to lower shipments, unfavorable sales mix, and the impact of pricing and foreign exchange.

Despite the revenue decrease, Stellantis Chief Financial Officer Doug Ostermann expressed confidence in the company's progress.

SHERIDAN, WYOMING – November 16, 2024 – SHERIDAN, WYOMING – November 16, 2024 – Stellantis N.V., a leading global automaker renowned for its iconic brands like Jeep, Dodge, and Peugeot, has partnered with Factorial Inc., a frontrunner in solid-state battery technology, to accelerate the development of next-generation electric vehicles (EVs).

This collaboration marks a significant leap toward mass-producing EVs equipped with cutting-edge solid-state batteries, promising enhanced performance, extended driving range, and faster charging times.

Dodge Charger Daytona to Feature Factorial's Solid-State Batteries

By 2026, Stellantis plans to launch a demonstration fleet of all-new Dodge Charger Daytona vehicles based on the STLA Large platform, featuring Factorial's solid-state batteries. This initiative underscores Stellantis' commitment to delivering high-performing, affordable EVs, a core element of its electrification strategy.

SHERIDAN, WYOMING – November 16, 2024 – SHERIDAN, WYOMING – November 16, 2024 – Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP), one of the world's leading automakers, today announced its consolidated shipment estimates for the third quarter of 2024. The company reported a decline in shipments, reflecting ongoing inventory reduction initiatives and the impact of new product launches.

Q3 2024 Shipment Estimates

Consolidated shipments for the three months ending September 30, 2024, were estimated at 1,148 thousand units, representing a 20% decline compared to the same period in 2023.

The term shipments describes volumes of vehicles delivered to our dealers, distributors, or directly from the Company to retail and fleet customers, which directly drive revenue recognition.

The decline in shipments was attributed to several factors:

SHERIDAN, WYOMING – November 15, 2024 –

Stellantis Electrifies Paris Motor Show 2024 with Global Vehicle Debuts

SHERIDAN, WYOMING – November 16, 2024 – Stellantis, a leading global automaker, made a significant impact at the Paris Motor Show 2024, showcasing its commitment to electric mobility with a range of new and upgraded battery electric vehicles (BEVs) across its Citroën, Peugeot, and Alfa Romeo brands.

The show also marked the European debut of Leapmotor International, a groundbreaking joint venture between Stellantis and Chinese automaker Leapmotor, aiming to bring affordable, high-tech vehicles to global markets.

Citroën, Peugeot, and Alfa Romeo Electrify the Parisian Stage

Citroën, Peugeot, and Alfa Romeo unveiled an array of BEVs designed to provide customers with a wide selection of clean, safe, and affordable mobility solutions.

SHERIDAN, WYOMING – November 15, 2024 – Stellantis, one of the world's leading automakers, today announced key leadership changes aimed at accelerating the company's transformation and driving performance in a rapidly evolving industry.

These strategic moves come as the automotive sector faces a period of significant disruption and change, with electrification, digitalization, and new mobility solutions reshaping the landscape.

"During this Darwinian period for the automotive industry, our duty and ethical responsibility is to adapt and prepare ourselves for the future, better and faster than our competitors to deliver clean, safe and affordable mobility," said Stellantis CEO Carlos Tavares.

Targeted Management Changes

The leadership changes, effective immediately, are designed to streamline operations, enhance organizational efficiency, and sharpen the company's focus on its key priorities.

SHERIDAN, WYOMING – November 15, 2024 – SHERIDAN, WYOMING – November 15, 2024 – Renault Group recently honored its most innovative employees with the prestigious "Renault Frères" Innovation Trophies. This annual event celebrates groundbreaking ideas and inventions that contribute to the Group's success and advance the automotive industry.

A Legacy of Innovation

The "Renault Frères" Innovation Trophies are a testament to Renault Group's long-standing commitment to innovation, a core value deeply rooted in the company's DNA. The awards recognize employees who embody this spirit, pushing the boundaries of automotive technology and design.

Celebrating Employee Ingenuity

This year, 1,350 employees from 33 countries submitted their innovative projects for consideration. A panel of experts carefully evaluated each submission, selecting the most impactful and promising innovations across various categories.

SHERIDAN, WYOMING – November 15, 2024 – SHERIDAN, WYOMING – November 15, 2024 – The World Tourism Organization (UN Tourism) has unveiled its esteemed list of "Best Tourism Villages" for 2024, recognizing 55 rural destinations that are embracing tourism as a force for good.

Championing Sustainability and Community Empowerment

The initiative, now in its fourth year, celebrates villages that are committed to preserving their cultural and natural heritage while promoting sustainable tourism practices. These villages showcase the power of tourism to drive economic growth, create jobs, and empower local communities.

"Tourism is a vital tool for inclusion, empowering rural communities to protect and value their rich cultural heritage while driving sustainable development," said UN Tourism Secretary-General Zurab Pololikashvili.

A Global Tapestry of Rural Tourism

SHERIDAN, WYOMING – November 15, 2024 – SHERIDAN, WYOMING – November 15, 2024 – Renault Group made a significant impact at the 2024 Paris Motor Show, showcasing its commitment to innovation and electrification with a series of world premieres and exciting concept cars.

A Multi-Brand Showcase

The Group's presence was spread across five stands in Hall 6, representing its four distinct brands: Renault, Dacia, Alpine, and Mobilize. Each brand presented its unique vision for the future of mobility, with a focus on electric and sustainable solutions.

Renault: Embracing Electric and Circular Mobility

Renault's expansive 2,500 square meter stand showcased a range of electric vehicles (EVs), including the highly anticipated Renault 4, making its world premiere. The brand also unveiled its new concept car, Emblème, embodying Renault's commitment to sustainable development and decarbonization.