Milan - Delayed Quote • EUR Stellantis N.V. (STLAM.MI) Follow Compare 12.34 -0.04 (-0.29%) At close: December 23 at 5:36:40 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Stellantis unit to pay $4.2 million to resolve California emissions probe (Reuters) -Stellantis unit FCA US agreed to pay $4.2 million to resolve a California investigation into excess emissions, the state said on Monday. The California Air Resources Board (CARB) said the vehicles covered by the settlement for violations of air quality regulations include 2014 through 2016 Ram ProMaster 1500, 2500 and 3500 vehicles equipped with 3.0L diesel engines. Stellantis in 2022 paid a $5.6 million settlement to California for similar allegations involving gas-powered vehicles. European Equities Close Mixed in Monday Trading; UK GDP Flat, Spanish GDP Rises The European stock markets closed mixed in Monday trading as Stoxx Europe was up 0.1%, Germany's DAX Honda, Nissan, and Mitsubishi may merge to compete with Tesla and China's EV makers Nissan Motor (NSANY) and Honda Motor (HMC) have officially begun talks to merge by 2026 as Japan’s automakers seek an edge over tough Chinese rivals and Tesla (TSLA). Pretty/Dirty! All-new Jeep® Wagoneer S, the Luxury Off-road Capable Electric SUV, Launches 'Beautiful Things Can Still Get Dirty' Marketing Campaign All-new Jeep® Wagoneer S is the brand's first global battery-electric vehicle (BEV) in the U.S. Stellantis reverses Ohio layoffs weeks after CEO's abrupt departure The company has decided not to put any employees on indefinite layoff from Jan. 5 due to a previously announced shift reduction and will instead extend a worker adjustment and retraining notification notice, a company spokesperson said in an emailed statement. Employees are expected to return to work as scheduled after the new year, the spokesperson said. Tavares' exit was triggered by targets deemed unrealistic or destructive by some board members, sources told Reuters after his sudden fall from the helm of the world's fourth-biggest automaker, whose brands include Jeep, Ram, Fiat and Peugeot. Here's My Only Major Concern With Archer Aviation JPMorgan analysts estimate this emerging market could reach $1 trillion by 2040, as electric aircraft transform transportation between and within cities. While many start-ups are pursuing this opportunity, one company has rapidly distinguished itself through exceptional execution and strategic partnerships. Here's why I'm both excited and concerned about Archer's trajectory. Stellantis Delays Electric Ram Truck Launch to Prioritize Quality; Stock Down 44% CEO Carlos Tavares said the decision reflects a cautious approach to avoid quality issues. Archer (ACHR), Joby (JOBY) Advance After Announcing Milestones Archer Aviation (ACHR) and Joby Aviation (JOBY) are climbing 14% and 10%, respectively today. Yesterday Archer disclosed that it had received a certificate of occupancy for its factory in Georgia, while Joby reported today that the Federal Aviation Administration had completed a test of its aircraft. The companies are developing electric vertical take-off and landing […] Stellantis Should Divest American Brands, US Senator-Elect Says (Bloomberg) -- Bernie Moreno, the Ohio auto dealer elected to join the US Senate in January, wants to carve out a major role for himself shaping automotive policy during a second Trump term.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalAmo Stellantis extends stoppage at Fiat 500 plant until Jan. 20 Automaker Stellantis said on Friday a pause in production of its electric Fiat 500 city car will be extended by another couple of weeks until Jan. 20, confirming the expectations of trade unions. Car assembly lines at Mirafiori, the historic northern Italian factory where the Fiat 500 is made, have been halted repeatedly this year, with workers temporarily furloughed, due to low European demand for electric vehicles. In meetings with trade union representatives, the company announced a longer halt in production, until Feb 3, for the two small-volume Maserati sports car models that are also manufactured in Mirafiori. EU new car registrations down 1.9% in November In November, new EU car registrations fell by 1.9%, the ACEA reports. France led the way with a sharp 12.7% decline, followed by Italy, down 10.8%, while the German market stagnated slightly. Among the four most significant EU markets, only Spain recorded positive growth of 6.4%, the group added. Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC), Mercedes-Benz (MBGYY), Nissan (NSANY), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY). Pub Ho, Ho, Horsepower: Dodge Brand Extends Production of HEMI®-powered Dodge Durango SRT Hellcat and Dodge Durango R/T Models Dodge beats Santa to the punch with an early holiday gift, announces Dodge Durango SRT Hellcat, powered by the 710-horsepower supercharged 6.2-liter HEMI® Hellcat V-8 engine, and Durango R/T with the 5.7-liter HEMI will continue into 2025 calendar year Tesla sales crash as drivers snub Trump supporter Elon Musk Tesla’s sales in Europe have plunged by 40pc as the electric carmaker battles a backlash from buyers against Elon Musk’s support for Donald Trump. Archer Aviation completes Georgia air taxi factory Production is set to begin in the new year at a small scale, but by 2030, the company plans to manufacture 650 air taxis each year. Stellantis advances launch of Ram 1500 Ramcharger The Ram 1500 Ramcharger features a 92kWh battery and 130kW generator, with a targeted range of up to 690 miles. Stellantis moves up launch of hybrid Ramcharger as EV demand cools The automaker said the Ram 1500 Ramcharger will be open for consumer orders in the first half of next year, while the Ram 1500 battery-electric light duty pickup truck will launch in 2026. The electric version was originally slated to launch in the first half of 2025. The Franco-Italian automaker cited "overwhelming" customer interest as another factor in advancing the launch of the hybrid version. Range-extended Ram 1500 Ramcharger to Lead Brand's Electrification Push Stellantis announced today that it has made the decision to pull launch timing of its range-extended Ram 1500 Ramcharger ahead of Ram 1500 REV, the company's first battery-electric light duty pickup truck. Ram brand originally planned to launch the Ram 1500 REV in the first half of 2025. Stellantis to boost production in Italy from 2026 – report The Italian government has committed €1.6bn to support Stellantis, including more than €1bn for 2025. Stellantis, Zeta Energy ink deal to develop lithium-sulfur EV batteries Zeta Energy's lithium-sulfur batteries do not require critical raw materials, such as cobalt, nickel manganese or graphite. Market Chatter: Stellantis Plans $8.39 Billion Investment in Italian Operations to Boost Production Stellantis (STLA) will boost Italian operations with an investment of 8 billion euros ($8.39 billion Performance Overview Trailing total returns as of 12/23/2024, which may include dividends or other distributions. Benchmark is FTSE MIB Index Return STLAM.MI FTSE MIB Index YTD -37.66% +11.16% 1-Year -37.88% +11.16% 3-Year -5.52% +25.76%