Price Crosses Moving Average
Previous Close | 15.48 |
Open | 15.81 |
Bid | 15.83 x 4000 |
Ask | 15.87 x 4000 |
Day's Range | 15.80 - 15.96 |
52 Week Range | 11.37 - 18.97 |
Volume | |
Avg. Volume | 4,972,949 |
Market Cap | 49.598B |
Beta (5Y Monthly) | 1.24 |
PE Ratio (TTM) | 2.76 |
EPS (TTM) | 5.75 |
Earnings Date | N/A |
Forward Dividend & Yield | 1.48 (9.58%) |
Ex-Dividend Date | Apr 24, 2023 |
1y Target Est | 21.67 |
WASHINGTON (Reuters) -Chrysler parent Stellantis and General Motors paid a total of $363 million in civil penalties for failing to meet U.S. fuel economy requirements for prior model years, documents seen on Friday by Reuters show. The record-setting penalties include $235.5 million for Stellantis for the 2018 and 2019 model years and $128.2 million for GM covering 2016 and 2017, according to the National Highway Traffic Safety Administration (NHTSA), which administers the Corporate Average Fuel Economy (CAFE) program.
With billions of investment in the region on the line, the stakes are high
Stellantis does not need the Italian state as a shareholder as the carmaker is in good shape, its Chairman John Elkann said on Thursday, responding to business lobby calls for Italy to invest directly in the group. Paolo Scudieri, who heads the Italian automotive association ANFIA, was quoted in Il Sole 24 Ore earlier on Thursday saying that it was "necessary" and "right" for Rome to directly invest in Stellantis as a counterweight to the shareholding of the French state. The French government, a former investor in Peugeot maker PSA which in 2021 merged with Fiat Chrysler to form Stellantis, is now a "relevant" shareholder in the Franco-Italian carmaker with around a 6% stake.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
While Tesla Inc (NASDAQ: TSLA) continues to expand its fleet with a range of electric models that suit various business needs, legendary automakers are pressured to play catch up or at least try to do so. Ford Motor (NYSE: F) is the first automaker to gain direct access to Tesla’s Supercharging infrastructure, with its vehicles planned to contain Tesla’s charging DNA as of 2025 at which point they won’t even be needing an adapter to use Tesla Superchargers built around the NACS standard. With th
The all-new Alfa Romeo Tonale has completed final EPA testing with an electric range of 33 miles and MPGe rating of 77. Total range of the Alfa Romeo Tonale with a full battery charge is 360 miles. Combined fuel economy is 29 MPG.
Coinciding with National Autonomous Vehicle Day in the USA, the Jeep® brand is providing a glimpse of its future-generation, advanced, off-road driving technology.
Carmaker Stellantis has signed a new agreement with Australia-listed lithium supplier Vulcan Energy Resources aiming to help decarbonise its European operations, the two groups said on Wednesday. As global demand for electric vehicle (EV) batteries rises, Stellantis has signed deals with multiple miners to secure key minerals, including with Vulcan, for which the world's No. 3 carmaker by sales is now the second largest investor. The binding agreement announced on Wednesday is for the first phase of a project to develop new geothermal sources contributing to the energy supply of an industrial site in Mulhouse, eastern France, where Stellantis produces several Peugeot and DS models, including the fully-electric Peugeot e-308, the two companies said in a joint statement.
Ford and GM want to close the valuation gap With Toyota and Tesla. Netherlands-based Stellantis just wants to catch up to Ford and GM stock.
Last Thursday, Ford Motor Company (NYSE: F) revealed it has joined forces with no other than the EV king, Tesla Inc (NASDAQ: TSLA) so its electric vehicles can be charged at Tesla’s Supercharger stations across the U.S. and Canada. The agreement is set to go into effect in the spring of 2024. The surprise deal that was revealed during a live audio discussion between Ford CEO Jim Farley and Tesla CEO Elon Musk on Twitter Spaces is troubling for General Motor (NYSE: GM), Stellantis N.V. (NYSE: STL
Stellantis (STLA) invests in Lyten to help the latter develop applications for Lithium-Sulphur EV batteries, lightweighting composites and onboard sensing solutions.
Ford (F) and Tesla (TSLA) join forces, allowing the former access to 12,000 Tesla Superchargers. Meanwhile, AutoZone's (AZO) fiscal Q3 earnings top estimates, while sales miss mark.
Ola Källenius calls for delay in post-Brexit sourcing rules and warns new tariffs will dent industry competitiveness
Stellantis North America today announced that Aamir Ahmed will lead the Fiat brand in North America, effective immediately.
Lyten is a Silicon Valley-based pioneer of tunable three-dimensional graphene, which has demonstrated significant reductions in greenhouse gas emissions and will advance the transition to sustainable mobility
Stellantis has invested in Lyten to help the U.S. startup develop applications for lithium-sulfur EV batteries, lightweight composites and on-board sensing solutions, the two companies said on Thursday. The investment, through Stellantis' venture capital arm Stellantis Ventures, aims to help the world's third largest carmaker by sales simplify its supply chain and pursue greener technology for its battery-electric vehicles (EVs). Unlike traditional lithium-ion batteries, lithium-sulfur batteries developed by Lyten do not use nickel, cobalt, or manganese, resulting in an estimated 60% lower carbon footprint than current batteries, the companies said in a statement.
While electric vehicles may dominate the roadways of the future, their general underperformance since the beginning of 2022 has clouded the narrative of EV stocks with high potential. To be sure, the dramatic rise of competition in the arena most likely won’t be sustainable. Unlike what your kindergarten teacher told you, everybody can’t be a winner. Still, it’s a massive market so targeting the top EV stocks to buy should be well worth the time for patient investors. According to Grand View Res
Chrysler-parent Stellantis said on Wednesday it may limit shipments of gasoline-powered vehicles to dealers in states that have adopted California's strict emissions rules. In a communication to dealers seen by Reuters, the Italian-American automaker said to meet the California emissions rules "we may be compelled to allocate fewer conventional gasoline engine vehicles to California states" and more to other states that have not adopted the rules. The Stellantis memo noted 13 other states currently have greenhouse standards identical to the California standards and four more will be adopting California standards for future model years.
WASHINGTON (Reuters) -Chrysler-parent Stellantis said on Wednesday it may limit shipments of gasoline-powered vehicles to dealers in states that have adopted California's strict emissions rules. In a communication to dealers seen by Reuters, the Italian-American automaker said to meet the California emissions rules "we may be compelled to allocate fewer conventional gasoline engine vehicles to California states" and more to other states that have not adopted the rules. The Stellantis memo noted 13 other states currently have greenhouse standards identical to the California standards and four more will be adopting California standards for future model years.
Chrysler-parent Stellantis said on Wednesday it may limit shipments of gasoline-powered vehicles to dealers in states that have adopted California's strict emissions rules. In a communication to dealers seen by Reuters, the company said to meet the California emissions rules "we may be compelled to allocate fewer conventional gasoline engine vehicles to California states" and more to other states. The Stellantis memo noted 13 other states currently have greenhouse standards identical to the California standards and four more will be adopting California standards for future model years.
Britain is set to beat Spain in the race to host Jaguar Land Rover’s gigafactory, handing a significant boost to the UK auto industry.
As the end of Succession nears, another billionaire power struggle is playing out in Italy.
As the end of Succession nears, another billionaire power struggle is playing out in Italy.