Tag Archives: STLA

Stellantis Posts Q3 Sales Up 37%. Pre-Tax Profit €3B

Posted on 31 October 2023 by Ken Zino

Stellantis* today posted a pre-tax operating profit of €3 billion. The company that is partly comprised of Jeep, Dodge Jeep and Ram said the strikes cost it around €750 million. However the strikes – characterized as “work stoppages”- resulted in … Continue reading →

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First Look – 2025 Ram 1500 REV

Posted on 8 April 2023 by Ken Zino

As is the case with GM and Ford Motor EV pickup offerings now on sale,  vehicle-to-vehicle, vehicle-to-home and vehicle-to-grid bi-directional charging thus far in theory provides the 1500 REV with the flexibility to charge another Stellantis battery-electric vehicle or send power back to the grid. The truck can also power a home during a storm, run a tailgate party, and provide power at a camp or jobsite. Continue reading →

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Stellantis Simplifies European Financing and Leasing Services

Posted on 4 April 2023 by Ken Zino

“Today marks the birth of Stellantis Financial Services, a major player in European automotive financing, and of the new consolidated Leasys,” said Philippe de Rovira, Stellantis Chief Affiliates Officer. “This simplification allows for superior agility to serve our customers, better support of the commercialization across Stellantis brands**, and strengthened competitiveness by leveraging various synergies.” Continue reading →

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Stellantis €1.5B Share Buyback Program Starts Tomorrow

Posted on 16 March 2023 by Ken Zino

The buyback is  under the authority granted by the general meeting of shareholders held on 13 April 2022, up to a maximum of 10% of the Company’s capital, or any renewed or extended authorization to be granted at a future general meeting of the Company. The purchase price per common share will be no higher than an amount equal to 110% of the market price of the shares on the NYSE, Euronext Milan or Euronext Paris. Continue reading →

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