Stellantis N.V. is a multinational automotive manufacturing corporation formed from the merger in 2021 of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group.^[13][14][15] The company is headquartered in Amsterdam.

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Stellantis N.V.

The Chrysler World Headquarters and Technology Center in Auburn Hills, Michigan, headquarters of Stellantis North America
Company type	Public
Traded as	BIT: STLAM Euronext Paris: STLAP NYSE: STLA FTSE MIB Component CAC 40 Component
ISIN	NL00150001Q9
Industry	Automotive Production systems
Predecessors	Fiat Chrysler Automobiles (FCA) PSA Group
Founded	16 January 2021; 3 years ago (2021-01-16)
Headquarters	Hoofddorp , Netherlands[1]
Area served	Worldwide
Key people	John Elkann (chairman) Carlos Tavares (CEO) Robert Peugeot (vice chairman)
Production output	6 million[lower-alpha 1][2] (2022)
Brands	Abarth Alfa Romeo Chrysler Citroën Dodge DS Fiat Jeep Lancia Maserati Opel Peugeot Ram Vauxhall
Revenue	€189.5 billion[3] (2023)
Operating income	€24.3 billion[3] (2023)
Net income	€18.6 billion[3] (2023)
Total assets	€186 billion[4] (2022)
Total equity	€72.4 billion[4] (2022)
Owners	Exor (13.99%) Peugeot Invest (6.98%) Bpifrance (6%) Dongfeng Motor Corporation (1.58%) [5][6]
Number of employees	272,367[lower-alpha 2][5] (2022)
Subsidiaries	List Stellantis Argentina Stellantis Europe Fiat Professional Heritage VM Motori Stellantis Gurun (Malaysia) Stellantis North America Mopar SRT Stellantis Canada Stellantis Poland Stellantis Pro One FCA India Automobiles Fiat Chrysler Australia Fiat Ireland Citroën Chile Citroën India Comau Sevel Stellantis Financial Services aiMotive Centro Ricerche Fiat PCMA Teksid (84.8%) Fiat Serbia (67%) Leapmotor International (51%) DPCA (50%) Emotors (50%) IKAP (50%) Leasys (50%) Free2move Share Now PSA AVTEC (50%) SAIPA Citroën (50%) Tofaş (37%) Berjaya Auto Alliance (29%)
Website	Official website
Footnotes / references [2][7][8][9][10][11][12]

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As of 2023, Stellantis was the world's fourth-largest automaker by sales, behind Toyota, Volkswagen Group, and Hyundai Motor Group.^[16] In 2023, the company was ranked 61st in the Forbes Global 2000.^[17] The company's stock is listed on the Borsa Italiana, Euronext Paris and the New York Stock Exchange.^[18]

Stellantis designs, manufactures, and sells automobiles bearing its 14 brands: Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, and Vauxhall. At the time of the merger, Stellantis had approximately 300,000 employees, a sales presence in more than 130 countries, and manufacturing facilities in 30 countries.^[19]

The name comes from the Latin verb stello,^[15] in present participle with adjectival value stellans, and carries the meaning "of that (latin all-gender genitive suffix) that brightens/is adorned/belongs with stars".^[20][21][22] N.V. stands for Naamloze vennootschap, meaning "nameless partnership" in Dutch, refers to a type of public company whose shareholders are anonymous.

In early 2019, Fiat Chrysler Automobiles (FCA) sought a merger with French automaker Renault and reached a provisional agreement with the company.^[23] The behaviour of the French government during negotiations led to the abandonment of the deal; The Economist reported that "for FCA, this portended future interference".^[24] Nissan also had various concerns about the impact of the proposal on its alliance with Renault.^[24] Subsequently, FCA approached Peugeot S.A. (PSA). The merger agreed to in December 2019, was to create the world's fourth-largest carmaker by global vehicle sales with expected annual cost savings of €3.7 billion, or about US$4.22 billion.^[15]

On 21 December 2020, the European Commission approved the merger, while imposing minimal remedies to ensure competition in the sector.^[25] The merger was approved on 4 January 2021 by the shareholders of both FCA and PSA. The deal was completed on 16 January 2021. Common shares of the new company began trading on the Milan Stock Exchange and Euronext Paris on 18 January 2021 and on the New York Stock Exchange on 19 January 2021, in each case under the ticker symbol "STLA".^[26][27][28]

PSA merged with and into Fiat Chrysler Automobiles N.V., with Fiat Chrysler Automobiles N.V. as the surviving company in the merger. On 17 January 2021, the combined company was renamed Stellantis N.V.^[29] International Financial Reporting Standards, or IFRS, mandate the identification of the company acting as the acquirer and the company being acquired. Peugeot is considered the acquirer for accounting purposes, and statements reflect PSA's historical records.^[29] Per the filing, the Stellantis board had 11 directors, six from PSA and five from Fiat Chrysler.^[30]

The new company's first CEO, vested with full authority to represent Stellantis, was Carlos Tavares, the former president of the PSA managing board, as well as former CEO of PSA Group, with a five-year term as Stellantis CEO. PSA shareholders paid a pre-merger premium to FCA shareholders. Exor, the Agnelli family company that was the largest shareholder of FCA, held the largest stake in Stellantis with 14.4%.^[30] The merger agreements allowed the Peugeot family to increase its current 7.2% stake in Stellantis by up to an additional 1.5% by acquiring shares from France's state lender Bpifrance, from Dongfeng, or on the market.^[31]

The name Stellantis is exclusively used to identify the corporate entity, while group brand names and logos remain unchanged.^[15] In 2021, CEO Carlos Tavares issued a challenge for the group's brands to prove themselves within a 10-year window, in exchange for much-needed investment in new models and technology.^{[32][33][34][35]} The group planned to have 29 electrified vehicle models available by the end of 2021.^[36] Stellantis planned to develop four EV platforms by the end of the 2020s.^[37][38] Overall, the company announced more than €30bn would be invested by the end of 2021.^[39]

A network of charging stations started in November 2021.^[40] In the third quarter of 2021, Stellantis sales of new vehicles dropped due to issues related to the supply chain shortage of semiconductor chips used in their vehicles. Stellantis made an agreement with semiconductor manufacturer Foxconn to supply chips for the company and others in the automotive industry.^[41] In June 2022, the company paused production at two French plants due to shortages in semiconductors.^[42]

In May 2022, Stellantis pleaded guilty to criminal conduct and paid $300 million to settle a probe into its effort to illegally conceal the amount of pollution created by its diesel-engined vehicles. This settled a years-long probe by the United States Department of Justice into the auto maker's efforts to evade emissions requirements for more than 100,000 older models.^[43] On 8 July 2022, Stellantis acquired the carsharing platform Share Now.^[44][45] Stellantis placed Share Now's operational management under Free2move.^[46] In November 2022, Stellantis acquired the Budapest-headquartered autonomous vehicle technology company aiMotive.^[47]

On 15 February 2023, Stellantis said it would establish a new software development and engineering hub in Gliwice, Poland.^[48]

On 26 October 2023, Stellantis acquired "approximately 20%" of Chinese electric vehicle manufacturer Leapmotor in a transaction worth €1.5 billion.^[49] Under the terms of the agreement, Stellantis gained exclusive rights to sell, export, and manufacture Leapmotor products outside of China under the newly established joint venture Leapmotor International.^[50] The joint venture will be registered in the Netherlands, and it also includes the possibility of producing the brand's cars in Europe if duties on Chinese cars are raised. The JV's target is 500,000 sales outside China by 2030.^[51]

On 15 February 2024, Russian operators, collaborating with Dongfeng Motor Group, initiated the production of new Citroen models at a majority owned Stellantis plant in Kaluga, Russia, despite Stellantis halting its Russian operations in April 2022.^[52]

The company announced a 3 billion euro ($3.2 billion) share buyback in 2024.^[53]

In March 2024, it was announced Stellantis had acquired a stake in the Grenoble-headquartered optical radar start-up, SteerLight. The company manufactures sensors for autonomous driving.^[54]

The active brand portfolio of Stellantis as of 2023^[update] is shown below.^[55] This list does not contain any discontinued brands owned by the company which has been placed into dormancy either directly or by its predecessor organisations.

Notes

Following the 50% FCA and 50% PSA merger, the owners were:^[58]

• Agnelli family (Exor): 14.40%
• Peugeot family (Etablissements Peugeot Frères, EPF): 7.19%
• Bpifrance: 6.18%
• Dongfeng Motor Corporation: 1.58%^[31]

Stellantis Motorsport is a department led by director and senior vice president Jean-Marc Finot.^[61] It is responsible for the motorsport activities of the corporation's brands, divisions, and subsidiaries;

• Citroën Racing^[62]
  • Commercial operation focusing on customer racing with the Citroën C3 Rally2, although known to be supporting entries in WRC2^[63]
• DS Performance^[64]
  • Entrant in Formula E World Championship
• Maserati^[65]
  • Entrant in Formula E World Championship
• Opel Motorsport^[66]
  • 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^[67]
  • Entrant of the FIA World Endurance Championship
  • Commercial operation focusing on customer racing with the Peugeot 208 Rally4

Except for Maserati, the four remaining brands belonged to PSA Motorsport, a department of the former PSA Group before the creation of Stellantis.^[68]

The Stellantis Motorsport Racing Shop combines Citroën Racing, Peugeot Sport and Opel Motorsports' customer racing distribution and retail sales operations.^[69] It is also known as Peugeot Citroën Racing Shop^[70] and Peugeot Citroën Opel Racing Shop.^[71]

The Stellantis Motorsport Cup is a rally competition run in Belgium, France and Spain using Peugeot 208 and Opel Corsa Rally4 cars.^[72] The cup originated in Belgium and Luxembourg as PSA Motorsport Cup Belux.^[73]

• List of Stellantis platforms