Stellantis N.V. is a multinational automotive manufacturing corporation formed in 2021 through the merger of the French PSA Group and FIAT Chrysler Automobiles (FCA), which was itself created by the merger of Italy's FIAT S.p.A. and the US-based Chrysler, completed in stages between 2009 and 2014. Stellantis is headquartered in Hoofddorp, Netherlands, while the CEO now operates from Auburn Hills, Michigan.[9]
The company designs, manufactures, and markets vehicles under 14 brands: Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep, Lancia, Maserati, Opel, Peugeot, RAM, and Vauxhall. At the time of the merger, Stellantis employed approximately 300,000 people, with manufacturing operations in 30 countries and a commercial presence in over 130 markets worldwide.[10]
Etymology
The company says the name Stellantis is derived from the Latin verb stello, meaning "to brighten with stars". The present participle form, stellans, carries the adjectival meaning "starry" or "starlike".[11][12] The suffix "N.V." stands for naamloze vennootschap, a Dutch term for a publicly traded company, equivalent to "PLC" in the United Kingdom or "SA" in France.
History
In early 2019, FIAT Chrysler Automobiles (FCA) pursued a merger with French automaker Renault, reaching a provisional agreement.[13] However, the deal collapsed due to political concerns from the French government and resistance from Renault's alliance partner, Nissan.[14] FCA subsequently turned to another French automaker, the PSA Group, and in December 2019, the two companies agreed to merge, forming the world's fourth-largest automaker by global vehicle sales, with projected annual cost savings of €3.7 billion, or about US$4.22 billion.[11]
The European Commission approved the merger on 21 December 2020 with minimal conditions.[15]
Brands
The active brand portfolio of Stellantis as of 2025 is shown below.[48] This list does not contain any discontinued brands owned by the company which have been placed into dormancy either directly or by its predecessor organizations.
Leadership
Current assembly plants
Africa
Asia
Europe
North America
South America
Oceania
Future assembly plants
Former assembly plants
Motorsport
Stellantis Motorsport is a department led by director and senior vice president Jean-Marc Finot.[53] It is responsible for the motorsport activities of the corporation's brands, divisions, and subsidiaries:
The Stellantis Motorsport Racing Shop combines Citroën Racing, Peugeot Sport and Opel Motorsports' customer racing distribution and retail sales operations.[58] It is also known as Peugeot Citroën Racing Shop[59] and Peugeot Citroën Opel Racing Shop.[60]
The Stellantis Motorsport Cup is a rally competition run in Belgium, France and Spain using Peugeot 208 and Opel Corsa Rally4 cars.[54] The cup originated in Belgium and Luxembourg as PSA Motorsport Cup Belux.[61]
Technology
Electrification strategy
In 2021, Stellantis released its "Dare Forward" strategic plan, which aims to invest €50 billion before 2030 to fund electrification of vehicles and sets global sales and sustainability targets. Goals include achieving 100% battery electric vehicle (BEV) sales for passenger cars in Europe and 50% of passenger car and light-duty truck sales in the United States by 2030, across 75 electric vehicle models.[62] Stellantis is using a mix of nickel-based (NMC) and cobalt-free battery packs, and lithium iron phosphate (LFP) packs for cheaper BEV variants, to power vehicles with front-, rear-, and all-wheel-drive systems, for driving ranges between 500 and 800 kilometers (300–500 miles).[63]
Sustainability
In 2023, Stellantis introduced SUSTAINera, a hub for recycling and sourcing used parts to improve circular economy sustainability goals, reduce waste, and offset emissions.[64][65] The initiative aims to contribute to the goal of achieving carbon net zero by 2038.[66] Stellantis hopes to also further these goals by integrating its B-Parts aftermarket platform, acquired by PSA in 2020.[67]
On 12 December 2024, it was reported that Stellantis have agreed to establish a joint-venture with Contemporary Amperex Technology Co. Ltd. to invest €4.1 billion in building a large-scale lithium iron phosphate battery plant in Zaragoza, Spain. This is in line with its 2038 zero carbon target.[68]
See also
- List of Stellantis platforms
External links
- STELLANTIS: The name of the new group resulting from the merger of FCA and Groupe PSA, joint press release of FCA and PSA
References
- 2024 Annual Report (Form 20-F) US Securities and Exchange Commission, 27 February 2025, retrieved 27 February 2025^
- Annual Report and Form 20-F for the year ended December 31, 2021 Stellantis N.V., 25 February 2022, retrieved 17 March 2022^
- FIAT-Chrysler & Peugeot Agree on Merger to Create 4th-Largest Carmaker