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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 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 Trucks, 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] Shareholders of both companies approved the deal on 4 January 2021, and the merger was completed on 16 January 2021. The combined entity was renamed Stellantis N.V. on 17 January, with shares beginning to trade under the symbol "STLA" on the Milan Stock Exchange and Euronext Paris on 18 January and on the New York Stock Exchange on 19 January.[16][17][18] For accounting purposes, PSA was designated the acquirer, and financial statements reflect PSA's historical performance.[11][19][20]
Following the merger, the largest shareholders of Stellantis were Exor, the investment company of the Agnelli family, the founders of Fiat, with a 14.2% stake; Peugeot Invest, the Peugeot family's holding company, with 7%; and Bpifrance, the French state-owned investment bank, with 6%.[20][21]
Carlos Tavares, the CEO of PSA Group, was appointed CEO of Stellantis with a five-year term. Immediately following the merger, Tavares announced plans to offer 29 electrified vehicle models by the end of 2021 and to invest over €30 billion in electrification and software by the end of the decade.[22][23][24][25][26]
In response to the global semiconductor shortage that forced the company to slow or stop production at its plants,[27] Stellantis signed a partnership with Foxconn in 2021 to co-develop automotive chips,[28] and in 2023, the two companies launched a joint venture called SiliconAuto, based in the Netherlands.[29]
In 2022, Stellantis halted Russian operations due to sanctions related to the invasion of Ukraine. In early 2024, Russian partners began producing Citroën-branded vehicles at the Kaluga plant, prompting Stellantis to state it had "lost control" of its assets in Russia.[30]
In 2022, Stellantis established the electric vehicle battery joint ventures NextStar Energy with LG Energy Solution in Canada and StarPlus Energy with Samsung SDI in the US.[31] NextStar was dissolved in February 2026.[32]
Stellantis also faced legal and regulatory scrutiny. In May 2022, the company pleaded guilty to criminal charges and paid $300 million to settle a U.S. Department of Justice investigation into diesel emissions fraud affecting over 100,000 vehicles.[33]
The company continued expanding its mobility and autonomous technology portfolio, acquiring carsharing platform Share Now in July 2022 and autonomous driving startup aiMotive in November 2022.[34][35][36]
In October 2023, Stellantis acquired a 20% stake in Chinese EV manufacturer Leapmotor for €1.5 billion,[37] forming a joint venture, Leapmotor International, to handle global sales and production outside China.[38][39]
The company announced a €3 billion (US$3.2 billion) share buyback in 2024.[40]
Under the leadership of Tavares, Stellantis faced mounting criticism over its cost-cutting strategy, declining sales, and strained relationships with key stakeholders. Tavares implemented aggressive restructuring measures, including workforce reductions and tight control over product development, which some analysts blamed for delays in new model launches and weakening brand performance, particularly in North America.[41] U.S. dealers expressed concern about rising inventories and brand mismanagement, while the United Auto Workers criticized the company over job cuts and halted investment plans.[42][43] Stellantis reported a 70% drop in net profit in 2024, with global shipments and U.S. market share declining significantly.[44] Amid internal friction with the board and worsening financial performance, Tavares resigned in December 2024, two years before his contract was set to expire.[45]
On 28 May 2025, the board unanimously appointed Antonio Filosa, a longtime executive who had led Stellantis operations in North and South America, as CEO, effective 23 June 2025.[46] Filosa is expected to place renewed emphasis on the North American market.[47]
Brands
The active brand portfolio of Stellantis as of 2025[update] 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.
| Brand | Origin | Established | Brand CEO |
|---|---|---|---|
| Abarth |  Italy |
1949 | Olivier François |
| Alfa Romeo | Italy |
1910 | Santo Ficili |
| Chrysler |  United States |
1925 | Christine Feuell[49] |
| Citroën |  France |
1919 | Xavier Chardon |
| Dodge | United States |
1914 | Matt McAlear |
| DS Automobiles | France |
2014 | Xavier Chardon |
| Fiat | Italy |
1899 | Olivier François |
| Jeep | United States |
1943 | Bob Broderdorf |
| Lancia | Italy |
1906 | Luca Napolitano |
| Maserati | Italy |
1914 | Jean-Philippe Imparato |
| Opel |  Germany |
1862 | Florian Huettl |
| Peugeot | France |
1810 | Alain Favey |
| Ram Trucks | United States |
2010 | Tim Kuniskis |
| Vauxhall |  United Kingdom |
1857[50] | Florian Huettl |
Leadership
Senior management
- Chairman: John Elkann (since January 2021)[51][52]
- Vice chairman: Robert Peugeot (since January 2021)[51][52]
- Chief executive: Antonio Filosa (since June 2025)[53]
Current assembly plants
Africa
| Country | Name | Location | Date opened | Current products | Operator |
|---|---|---|---|---|---|
| Egypt
AAV |
Cairo Plant | Cairo | April 2025 | Arab American Vehicles
(51% Arab Organization for Industrialization (AOI); 49% Stellantis) | |
| Algeria | Oran Plant | Tafraoui | December 2023 | Peugeot Citroën Production Algérie | |
| Morocco | Kenitra Plant | Ameur Seflia | June 2019 | Stellantis Morocco | |
| Nigeria
DPAN |
Kaduna Plant | Kaduna | 2016 | Dangote Peugeot Automobiles Nigeria Ltd. |
Asia
| Country | Name | Location | Date opened | Current products |
|---|---|---|---|---|
 China(Dongfeng JV) |
Wuhan Plant | Wuhan | 1992 | |
| Chengdu Plant | Chengdu | 2016 | ||
 India
|
Hosur Plant (AVTEC JV) |
Hosur | 2017 |
|
| Ranjangaon Plant (Tata JV) |
Ranjangaon | January 1997 | ||
| Thiruvallur Plant | Thiruvallur | 2020 | ||
 Indonesia
|
Purwakarta Plant (Indomobil JV) |
Purwakarta | 2025 | |
 Malaysia
|
Gurun Plant | Gurun | 2002 | |
 Turkey(Koç JV) |
Bursa Plant | Bursa | 1971 |
Europe
North America
South America
| Country | Name | Location | Date opened | Current products |
|---|---|---|---|---|
| Argentina | El Palomar Plant | El Palomar | 1960 | |
| Ferreyra Plant | Ferreyra | 1958 | ||
| Brazil | Betim Plant | Betim | 1976 | |
| Goiana Plant | Goiana | 2015 | ||
| Porto Real Plant | Porto Real | 2001 |
Oceania
| Country | Name | Location | Date opened | Current products | Notes |
|---|---|---|---|---|---|
| Australia | Clayton South Plant | Clayton South | 2015 |
| |
| Distribution | Port Melbourne | 2021 |
|
Future assembly plants
| Country | Name | Location | Projected opening date | Products |
|---|---|---|---|---|
| South Africa | Coega Plant | Coega | 2026/2027 |
Former assembly plants
| Country | Name | Location | Date opened | Date closed | Products |
|---|---|---|---|---|---|
| Russia | Kaluga Plant | Kaluga | 2013 | 2022 | |
| Austria | Aspern Plant | Aspern | 1982 | 2024 |
|
| Italy | Grugliasco Plant | Grugliasco | 2013 | 2024 | |
| Poland | Bielsko-Biała Plant | Bielsko-Biała | 1948 | 2024 |
|
| Namibia | Walvis Bay Plant | Walvis Bay | 2018 | 2023 | |
| United Kingdom | Luton Plant | Luton | 1905 | 2025 |
Motorsport
Stellantis Motorsport is a department led by director and senior vice president Jean-Marc Finot.[54] It is responsible for the motorsport activities of the corporation's brands, divisions, and subsidiaries:
- Citroën Racing[55]
- Commercial operation focusing on customer racing with the Citroën C3 Rally2, although known to be supporting entries in WRC2[56]
- Entrant in FIA Formula E World Championship
- DS Performance[57]
- Entrant in FIA Formula E World Championship
- Opel Motorsport[58]
- Manufacturer of the electric rally car Opel Corsa-e Rally and organiser of its Opel e-Rally Cup
- Commercial operation focusing on customer racing with the Opel Corsa Rally4
- Peugeot Sport[59]
- Entrant of the FIA World Endurance Championship
- Commercial operation focusing on customer racing with the Peugeot 208 Rally4
The Stellantis Motorsport Racing Shop combines Citroën Racing, Peugeot Sport and Opel Motorsports' customer racing distribution and retail sales operations.[59] It is also known as Peugeot Citroën Racing Shop[60] and Peugeot Citroën Opel Racing Shop.[61]
The Stellantis Motorsport Cup is a rally competition run in Belgium, France and Spain using Peugeot 208 and Opel Corsa Rally4 cars.[55] The cup originated in Belgium and Luxembourg as PSA Motorsport Cup Belux.[62]
Technology
Electrification strategy
In 2021, Stellantis released their "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.[63] 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).[64]
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.[65][66] The initiative aims to contribute to the goal of achieving carbon net zero by 2038.[67] Stellantis hopes to also further these goals by integrating its B-Parts aftermarket platform, acquired by PSA in 2020.[68]
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 their 2038 zero carbon target.[69]
See also
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" (PDF). Stellantis N.V. 25 February 2022. Retrieved 17 March 2022.
- ^ "Fiat-Chrysler & Peugeot Agree on Merger to Create 4th-Largest Carmaker". NPR. 19 October 2019. Retrieved 17 July 2020.
- ^ Beresford, Colin (19 January 2021). "It's Official: Fiat Chrysler and PSA Group Are Now Stellantis". Car and Driver.
- ^ "Top jobs for Stellantis: electrification, restructure Europe, compete in China". Detroit News.
- ^ "Stellantis Surges in Trading Debut After Fiat-PSA Merger". Bloomberg. 18 January 2021. Retrieved 19 January 2021.
- ^ "STLA - Stellantis NV Shareholders - CNNMoney.com". money.cnn.com.
- ^ "Annual Report for the year ended December 31, 2023" (PDF). Stellantis. Retrieved 28 April 2024.
- ^ News (TNS), Luke Ramseth-The Detroit (23 June 2025). "New Stellantis CEO Antonio Filosa to keep North America oversight, work from Auburn Hills". Greater Milwaukee Today. Retrieved 4 August 2025.
- ^ "Overview". Stellantis. Retrieved 19 January 2021.
- ^ a b c "Fiat Chrysler and PSA Group rename merged automaker 'Stellantis'". Fox Business. 16 July 2020. Retrieved 20 September 2022.
Stellantis is rooted in the Latin verb 'stello' meaning 'to brighten with stars.'
- ^ Stellantis is the genitive, singular form, masculine and neuter, of the adjective stellans, or alternatively the present active participle of the verb stello, in both cases meaning "brightened with stars". See dictionaries:
- "stellans, stellantis M". Latin is Simple Online Dictionary. Retrieved 4 January 2021.
- "stello, stellas, stellare A, –, stellatum". Latin is Simple Online Dictionary. Retrieved 4 January 2021.
- ^ "Fiat Chrysler proposes 50-50 merger with Renault". TechCrunch. Archived from the original on 17 March 2021. Retrieved 27 May 2019.
- ^ "Braking bad: A merger of Fiat Chrysler Automobiles and Renault is no more". The Economist. London. 8 June 2019. Retrieved 16 February 2021.
Sources close to FCA say that the government was constantly second-guessing and renegotiating every aspect of the deal. For FCA, this portended future interference. When France pointed the finger at Nissan as a roadblock, FCA lost patience.
- ^ "Mergers: Commission approves the merger of Fiat Chrysler Automobiles N.V. and Peugeot S.A., subject to conditions". European Commission (Press release). 21 December 2020.
- ^ "Fiat Chrysler and Peugeot shareholders vote to merge, creating world's fourth-largest car maker". NBC News. 4 January 2021. Retrieved 4 January 2021.
- ^ Noble, Breana. "Stellantis merger to close on Jan. 16 after PSA, FCA shareholders approve". The Detroit News. Retrieved 5 January 2021.
- ^ "The merger of FCA and Groupe PSA has been completed" (PDF). FCA. Retrieved 16 January 2021.
- ^ "Stellantis N.V. (formerly Fiat Chrysler Automobiles N.V.) Annual Report and Form 20-F for the year ended December 31, 2020" (PDF). Stellantis. 4 March 2021. p. 6.
- ^ a b Strong, Michael (24 November 2020). "Fiat Chrysler and PSA Not Exactly a 'Merger of Equals'". The Detroit Bureau.
- ^ "Stellantis N.V. Company profile". Euronext. Retrieved 31 May 2024.
- ^ Taylor, Michael (17 May 2021). "Stellantis Gives Its Alfa Romeo, Lancia And DS Brands One Last Chance". Forbes.
- ^ "Stellantis to give each of its 14 car brands 10 years of funding – CEO". Reuters. 14 May 2021.
- ^ Noble, Breana (13 May 2021). "Stellantis CEO says brands have 10 years to prove their worth". Detroit News.
- ^ Carson, Sean (20 April 2021). "Stellantis maps out future EV platforms with up to 497 miles of range". Auto Express.
- ^ Malan, Andrea (18 April 2021). "How Stellantis will speed up its EV transition". Auto News.
- ^ "Stellantis will halt production at 2 French plants". Automotive News Europe. 23 June 2022. Retrieved 25 June 2022.
- ^ "Automakers Announce Agreements to Improve Supply of Semiconductor Chips". PYMNTS.com. 13 December 2021. Retrieved 14 December 2021.
- ^ "Stellantis, Foxconn form 50–50 JV on semiconductors for auto industry". Reuters. 20 June 2023.
- ^ Stolyarov, Gleb (15 February 2024). "Exclusive: Russians use Chinese partner to produce Citroën cars at idled Stellantis plant". Reuters. Retrieved 15 February 2024.
- ^ Noble, Breana. "Stellantis battery joint venture workers in Indiana authorize UAW representation". The Detroit News. Retrieved 12 February 2026.
- ^ "LG Energy Solution to Acquire Full Ownership of NextStar Energy in Joint Strategic Decision with Stellantis". Stellantis.com. Retrieved 11 February 2026.
- ^ "Stellantis pleads guilty, pays $300M for emissions fraud". Reuters. 25 May 2022.
- ^ "Share Now: BMW und Mercedes verkaufen Carsharing an Stellantis" [Share Now: BMW and Mercedes sell car sharing to Stellantis]. Handelsblatt (in German). 3 May 2022. Archived from the original on 3 May 2022. Retrieved 3 May 2022.
- ^ "Share Now: Stellantis übernimmt Carsharing von BMW und Mercedes" [Share Now: Stellantis takes over car sharing from BMW and Mercedes]. Manager Magazin (in German). 3 May 2022. Archived from the original on 3 May 2022. Retrieved 3 May 2022.
- ^ Hammerschmidt, Christoph (17 November 2022). "Stellantis acquires AI startup aiMotive". EE News Europe. Retrieved 17 November 2022.
- ^ "Stellantis to Become a Strategic Shareholder of Leapmotor with €1.5 Billion Investment and Bolster Leapmotor's Global Electric Vehicle Business". Stellantis (Press release). Retrieved 30 October 2023.
- ^ "Stellantis' Chinese gamble". EV inFocus. 30 October 2023. Retrieved 30 October 2023.
- ^ "With Leapmotor, Stellantis adds '15th brand' to sell low-cost EVs". Automotive News Europe. 31 October 2023. Archived from the original on 3 December 2023. Retrieved 26 February 2024.
- ^ "A traditional automaker just turned a profit on EVs". CNN Business. 15 February 2024. Archived from the original on 15 February 2024. Retrieved 26 February 2024.
- ^ Busvine, Douglas (2 December 2024). "Exclusive: 'Radical' targets toppled Tavares at Stellantis, sources say". Reuters.
- ^ "Stellantis U.S. dealers call out CEO Tavares for 'damaging' brands". Automotive News. 16 August 2024.
- ^ "Stellantis CEO Carlos Tavares resigns as automaker struggles with declining sales". PBS NewsHour. 10 December 2024.
- ^ "Stellantis, un trasatlántico sin rumbo que busca capitán en la tormenta del automóvil" [Stellantis, an ocean liner without a rudder looking for a captain in the automobile storm]. El País (in Spanish). 26 April 2025.
- ^ "Jeep Maker Stellantis Brings Back American Classics After CEO Exit". The Wall Street Journal. 12 December 2024.
- ^ Piovaccari, Giulio (28 May 2025). "Jeep-maker Stellantis names insider to lead revival". Reuters. Retrieved 8 July 2025.
- ^ Ramseth, Luke. "Stellantis turnaround plan will prioritize fixing U.S. market, Filosa says". The Detroit News. Retrieved 8 July 2025.
- ^ "Appointment of the Top Executive Team to steer Stellantis". Stellantis. Retrieved 19 January 2021.
- ^ "Christine Feuell will join Stellantis as Chrysler Brand CEO". Stellantis (Press release). 7 September 2021.
- ^ "Vauxhall History". Retrieved 10 March 2021.
- ^ a b "Fusion PSA-FCA: le conseil d'administration de Stellantis est constitué". BFM TV. 29 September 2020. Retrieved 18 July 2023.
- ^ a b "PSA/FCA : qui sont les membres du nouveau conseil d'administration de Stellantis ?". La Tribune. 29 September 2020. Retrieved 18 July 2023.
- ^ "Stellantis Announces Antonio Filosa – 25-Year Veteran of the Company – to Be Its New Chief Executive Officer". Stellantis. 28 May 2025. Retrieved 28 May 2025.
- ^ "Catching Up With: Jean-Marc Finot". dailysportscar.com. 7 July 2022. Retrieved 27 January 2023.
- ^ a b "Join Stellantis Motorsport in 2023". Citroën Racing. Retrieved 27 January 2023.
- ^ "Citroën stars confirm WRC2 plans". WRC – World Rally Championship. Retrieved 6 February 2023.
- ^ "Thomas Chevaucher named Director of DS Performance | Stellantis". Stellantis. Retrieved 27 January 2023.
- ^ "TotalEnergies and the Opel e-Rally Cup". TotalEnergies Competition. 28 June 2021. Retrieved 27 January 2023.
- ^ a b "The 208 Rally Cup joins the Stellantis Motorsport Rally Cup". Stellantis. Retrieved 27 January 2023.
- ^ "Legal notice". Citroën Racing (in French). Retrieved 6 February 2023.
- ^ Dart, Frédéric (29 September 2021). "Visite: Peugeot Citroën Opel Racing Shop". Rallyes magazine (in French). Retrieved 6 February 2023.
- ^ "Peugeot Sport". Facebook. Retrieved 6 February 2023.
- ^ Priddle, Alisa (4 March 2022). "Stellantis Outlines 9-Year Strategic Plan Called Dare Forward 2030". MotorTrend. Retrieved 18 May 2025.
- ^ "Electrification". Stellantis. Retrieved 5 August 2024.
- ^ "Stellantis Unveils SUSTAINera: Pioneering Green EV Recycling Hub". Auto World Journal. 24 November 2023. Retrieved 18 May 2025.
- ^ "Building a Better Future with Sustainable Solutions". SUSTAINera. Stellantis. Retrieved 18 May 2025.
- ^ "Stellantis details 'circular economy' business unit to get most use from parts".
- ^ "PSA Aftermarket acquires used parts business Amanhã Global".
- ^ "Stellantis & CATL to Build EUR4.1B LFP Battery Plant in Spain". Yahoo. 12 December 2024. Retrieved 16 December 2024.
External links
Media related to Stellantis at Wikimedia Commons
- Official website
- STELLANTIS: The name of the new group resulting from the merger of FCA and Groupe PSA, joint press release of FCA and PSA
| Predecessors |  | |
|---|---|---|
| Marques | ||
| Subsidiaries, joint ventures | ||
| Regional operations | ||
| Factory locations |
| |
| Officers |
| |
| Related topics | ||
| International | |
|---|---|
| Other | |
- CAC 40
- Stellantis
- Dutch companies established in 2021
- Vehicle manufacturing companies established in 2021
- Companies listed on the Borsa Italiana
- Companies listed on Euronext Paris
- Companies listed on the New York Stock Exchange
- Holding companies of the Netherlands
- Holding companies established in 2021
- Multinational companies headquartered in the Netherlands
- Motor vehicle engine manufacturers
- Electric vehicle manufacturers of the Netherlands
- Luxury motor vehicle manufacturers
- Companies in the FTSE MIB
- Companies in the Euro Stoxx 50
- Diesel engine manufacturers
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