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Stellantis N.V. is a multinational automotive manufacturing company formed from the merger in 2021 of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group. [10][11][12] The company headquarters are located in Hoofddorp, Netherlands.
Stellantis is a constellation of 14 iconic automotive brands and two mobility arms that are about more than transportation: they’re about moving people and making connections.
Jul 24, 2024 · ‘Stellantis’ might sound like a fictional realm from a fantasy film, but the reality is that it’s the parent company behind some of the most well-known car brands in the UK and Europe.
- Editorial Apprentice
- What’s Happening?
- A Merger of Equals?
- Who Will Own The New Firm?
- Who Will Be Running The New Firm?
- Issues and How Money May Be Saved
- Major Markets
- Brand-By-Brand Break Down
Starting on January 16 there will be a new automotive behemoth on the block. Stellantis is the coming together of the PSA Group and Fiat Chrysler Automobiles(FCA). The new automaker brings together 14 brands of varying strength and depth. Coming from FCA are Fiat, Abarth, Lancia, Alfa Romeo, Maserati, Chrysler, Dodge, Jeep, and Ram, while PSA adds ...
The combination is being billed as a “merger of equals”. This phrase was most infamously used when DaimlerChrysler was created in 1998 although Jurgen Schrempp, CEO of Daimler, later admitted it was a takeover pure and simple. While this merger is certainly closer to its billing, the PSA Group does have the upper hand, at least initially, in the ne...
Equity in the new automaker will be split 50/50 between FCA and PSA’s shareholders. After the Stellantis is created, the largest shareholders will be Agnelli family — long-term controllers of the Fiat Group — with a 14.4 per cent stake through Exor, their holding company. Next up is the Peugeot family who will have a 7.2 per cent share in the new c...
Current PSA CEO Carlos Tavares — a keen rally car driver — will be the first chief executive of Stellantis. As we noted in our noted in our feature on automotive CEOs, he joined PSA in 2014 after the firm notched €8 billion ($13.3 billion) in losses over the previous two years. He has a closely held mantra of prioritising profit over volume, and ma...
While the merger is widely seen as complementary as PSA is strong in Europe, and FCA has a large and profitable presence in North America, Tavares will have his work cut out for him. In addition to issues common to all automakers — devoloping hybrid and EVs, investing in autonomous vehicle technology, and dealing with the effects of the COVID-19 pa...
Europe Thanks to Carlos Tavares’ focus on keeping profit margins above six per cent, PSA has been able to make money in its core geography despite being reliant on the mass market Peugeot, Citroen and Opel/Vauxhall brands. He will look to apply the same rigour to FCA’s brands after the merger. Based on 2019 figures, the combined automaker will be t...
Fiat Models (Europe): 500, New 500 (EV), 500X, 500L, Panda, Tipo/Egea Models(Latin America): Mobi, Argo, Cronos, Grand Siena, Uno, Strada, Toro, As far as passenger vehicles are concerned, there are essentially two Fiat ranges: one for Europe, and one for Latin America. In Europe and other developed markets the brand now focuses primarily on light ...
- Journalist
Jan 27, 2021 · The new company is called Stellantis and creates the world’s fifth-largest car maker (by unit sales) behind Volkswagen (the largest), Toyota, General Motors, and the Renault-Nissan-Mitsubishi ...
Jan 19, 2021 · FCA and PSA Group have completed the merger announced in 2020, creating Stellantis, now the fourth-biggest automaker in the world by volume. Stellantis becomes the operator of 14 different...
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At the heart of Stellantis is a constellation of 14 iconic automotive brands and two mobility arms that are about making connections and offering innovative solutions that are transforming how people move.
