- Business
- Stellantis N.V. manufactures and markets a broad portfolio of passenger cars, light commercial vehicles, trucks, and SUVs under 14 brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram Trucks, and Vauxhall; offers luxury and premium vehicles, global sport utility vehicles, American and European brand vehicles, contract services, retail and dealer financing, leasing, rental services, and mobility solutions through Free2move and Leasys; and focuses on electrification, software development, autonomous driving technologies like STLA AutoDrive, and multi-energy platforms such as STLA Medium, STLA Large, STLA Frame, and Smart Car. Formed in 2021 through the merger of Fiat Chrysler Automobiles and Groupe PSA and headquartered in Hoofddorp, Netherlands, with key operational centers in Auburn Hills, Michigan, the company maintains industrial operations in more than 30 countries and commercial presence in over 130 markets worldwide, targeting diverse customer segments from mass-market to premium and commercial users across North America, Enlarged Europe, South America, Middle East & Africa, and Asia-Pacific. Recent developments include a $13 billion investment announced in October 2025 to expand U.S. manufacturing capacity by 50% over four years with five new vehicle launches, 19 product refreshes, and over 5,000 jobs across plants in Illinois, Ohio, Michigan, and Indiana; rollout of next-generation products on new STLA platforms such as Peugeot E-3008, Jeep Wagoneer S, Dodge Charger Daytona, and Citroën C3 in 2024-2025; the Leapmotor International joint venture launched in 2024 following a 20% stake acquisition in Leapmotor; partnerships with Mistral AI for in-car assistants and Archer Aviation for electric aircraft; production start of EV batteries through joint ventures; and plans for 10 new product launches in 2025 amid a strategic shift toward profitable growth and positive cash flows.