what is stellantis

1 year ago 48
Nature

Stellantis is a multinational automotive manufacturing corporation formed in 2021 from the merger of the Italian-American conglomerate Fiat Chrysler Automobiles and the French PSA Group. The company is headquartered in Amsterdam. Stellantis designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems, and provides retail and dealer financing, leasing, and rental services through its subsidiaries, joint ventures, and third party financial institutions. The company sells its vehicles under various brands, including Alfa Romeo, Citroën, Dodge, Fiat, Jeep, Chrysler, and Vauxhall. Stellantis planned to have 29 electrified vehicle models available by the end of 2021 and to develop four EV platforms by the end of the 2020s. The name Stellantis is exclusively used to identify the corporate entity, while group brand names and logos remain unchanged. The Stellantis Motorsport Cup is a rally competition run in Belgium, France, and Spain using Peugeot 208 and Opel Corsa Rally4 cars.