Stellantis was formed by the merger of PSA (Peugeot Citroen) and Fiat Chrysler.It promises to be a world leader for a new era of sustainable mobility dedicated to providing freedom of movement with distinctive, affordable and efficient transportation solutions uniquely positioned to capture the exciting opportunities of a global industry undergoing rapid and profound change.
TO SEE ALL BRANDS AND MODELS UNDER THE sTELLANTIS UMBRELLA, CLICK HERE.
Let’s see if it lives up to that promise.
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Formed from the combination of two groups with who claim a strong track record and sound finances, Stellantis has 400,000 diverse, highly talented and employees who design, develop, manufacture, distribute, and sell vehicles and mobility solutions around the world.
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The Board of Directors has 11 members led by Chairman John Elkann. Carlos Tavares is CEO leads and claims experience and competitive spirit as its key strengths. With an experienced committee, Stellantis further claims it will challenge the status quo.
Stellantis claims 125 years of heritage, and is home a stable of brands for road and track. The brands cover all market segments through luxury premium, mainstream passenger, big hardy pickup trucks, SUVs and light commercial vehicles, as well as dedicated mobility, finance and parts and service brands.
Stellantis exists in Europe, the America, China, Africa, the Middle East, Oceania and India. It has industrial operations in more than 30 countries, and sells in to130 markets.
Stellantis will optimise powertrains and platforms, meaning models and brands will undergo a “rationalisation.” In the past, large mergers mean all units of the business get scrutiny, and non-performing parts are wither jettisoned, or made over.
Stellantis’ will follow a electrification, connectivity, autonomous driving and shared ownership strategies. As the electric segment expands, Stellantis will expand from 29 electrified models by a further 10 vehicles by year’s end.
Stellantis operations aim to be carbon neutral.
The new company began trading yesterday, January 18, on Euronext (Paris) and the Borsa Italiana (Milan) and today on the New York Stock Exchange.
Full year 2020 results will be reported on March 3, 2021.
To re-watch the digital press conference with Carlos Tavares, Chief Executive Officer, Stellantis, please visit:
https://channel.royalcast.com/stellantis-en/#!/stellantis-en/20210119_2







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