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STLA

Stellantis N.V.

https://www.stellantis.com

Industry

Auto - Manufacturers

Stellantis N.V. engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, and production systems worldwide. It provides luxury, premium, and mainstream passenger vehicles; pickup trucks, sport utility vehicles, and commercial vehicles; and parts and services, as well as retail and dealer financing, leasing, and rental services. The company offers its products under the Abarth, Alfa Romeo, Chrysler, Citroën, DS, Dodge, Fiat, Fiat Professional, Jeep, Maserati, Ram, Opel, Lancia, Vauxhall, Peugeot, Teksid, and Comau brand names. It sells its products directly, as well as through distributors and dealers. Stellantis N.V. was founded in 1899 and is headquartered in Hoofddorp, the Netherlands.

Open

14.19

Mkt cap

40B

Volume

6.3M

High

14.22

P/E Ratio

2.96

52-wk high

29.51

Low

13.96

Div yield

0.12

52-wk low

12.74

The United Auto Workers (UAW) union is expected to announce significant new strikes against Stellantis and General Motors (GM), targeting at least six facilities in Michigan, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 1:51 pm

The United Auto Workers (UAW) has announced that it has made significant progress in labor talks with Ford. The UAW also plans to invite President Biden to join the picket line.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 1:21 pm

The United Auto Workers (UAW) union threatens to expand walkouts at General Motors Co. (NYSE:GM), Ford Motor Co. (NYSE:F) and Stellantis NV (NYSE:STLA) due to unresolved labor disputes. The ongoing strike is causing a production loss of about 3,200 vehicles per day. The First Trust Nasdaq Transportation ETF (NYSE:FTXR), which includes these three automakers, fell by 1.6%.

Portfolio Pulse from Piero Cingari

September 22, 2023 | 1:11 pm

Tesla Inc's Model Y, Model 3, and Model X are among the least stolen vehicles, according to a report by the Highway Loss Data Institute. The report, which looked at model years 2020, 2021, and 2022, found that Tesla vehicles were less likely to be stolen due to factors such as the need for charging and the company's Sentry Mode surveillance system. General Motors Company and Volvo also had vehicles on the least stolen list. The most stolen vehicles included models from Stellantis NV, Nissan Motor, Tata Motors, Kia, Honda Motor Company, and BMW.

Portfolio Pulse from Chris Katje

September 22, 2023 | 12:35 pm

The United Auto Workers (UAW) union is threatening to expand its strike against General Motors (GM), Ford Motor (F), and Stellantis (STLA), potentially escalating the labor confrontation. The strike could expand to larger plants with more workers and key products, indicating the union's dissatisfaction and intent to inflict more financial pain on the automakers. Facilities such as GM's Fort Wayne plant, Stellantis' Sterling Heights assembly plant, and Ford's truck plants in Dearborn and Kansas City are key ones to watch.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 12:33 pm

Markets are set to rebound after three days of losses, with optimism seen in Friday's trading. Rising Treasury yields have dampened risk appetite, pushing major indices lower for the third consecutive session. However, Carson Group analyst Ryan Detrick suggests that the market could rebound in October based on historical data. In premarket trading, the SPDR S&P 500 ETF Trust and the Invesco QQQ ETF saw gains. Stocks in focus include Activision Blizzard, United States Steel Corporation, Alibaba Group, JD.com, Palantir Technologies, Amazon, and Nvidia.

Portfolio Pulse from Shanthi Rexaline

September 22, 2023 | 11:19 am

The ongoing auto strikes across the U.S. are influenced by Tesla's rise as the world's most valuable automaker and the industry shift to electric vehicles (EVs). Traditional automakers like General Motors, Ford, and Stellantis have been restructuring operations and investing billions globally in response to Tesla's success. This has led to a decline in 'green jobs' and a drop in UAW membership. Tesla's non-unionized labor structure and lower labor costs have spurred legacy automakers to seek cost-cutting measures and efficiencies.

Portfolio Pulse from Benzinga Neuro

September 22, 2023 | 8:59 am

Leaked messages from United Automobile Workers (UAW) President's aide reveal a planned strike strategy against Detroit's 'Big Three' automakers - General Motors Co., Ford Motor Co., and Stellantis NV. The strategy aims to inflict 'reputation damage and operational chaos' on the companies. The messages have sparked outrage and accusations of bad-faith bargaining from the automakers. The union's tactics are likely to further erode trust at the bargaining table, making a deal more elusive.

Portfolio Pulse from Benzinga Neuro

September 22, 2023 | 6:43 am

Apple Inc. has reportedly offered smaller pay raises to its retail employees this year, returning to pre-pandemic levels, with average annual raises of about 4%. This reduction also extends to AppleCare technical support employees. Most Apple salespeople in the U.S. now earn between $22 and $30 per hour. Apple has also issued restricted stock units and bonuses to its employees, although this year’s packages are generally capped at around $2,000.

Portfolio Pulse from Ananya Gairola

September 22, 2023 | 3:45 am

The ongoing strikes by the United Auto Workers union against the Detroit Big Three automakers (General Motors, Ford, and Stellantis) could benefit Tesla and non-union foreign automakers, according to Wedbush analyst Daniel Ives. Ives suggests that the longer the strike continues, the more Tesla could benefit, especially if the new contract includes higher wages for workers. He also sees non-union foreign automakers like Toyota and Volkswagen as potential winners, as they could take market share away from the three Detroit automakers.

Portfolio Pulse from Chris Katje

September 21, 2023 | 4:02 pm

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