Latest news with #StellantisN.V
Yahoo
28-05-2025
- Automotive
- Yahoo
Stellantis Names New CEO, Taps 25-Year Veteran Antonio Filosa to Lead Revival
On May 28, Stellantis N.V. (NYSE:STLA) named a new CEO, Antonio Filosa. Filosa is the reigning Chief Operating Officer (COO) for the Americas and Chief Quality Officer. The appointment comes as the global automaker seeks to revitalize its operations amid challenging market conditions. Filosa is an industry veteran who brings more than 25 years of automotive industry experience to the role. The Board selected him following a thorough search process led by Executive Chairman John Elkann, and he will formally assume the position on June 23, 2025. The company said in a statement that Filosa is a pair of familiar hands that have shown their worth already. During his tenure, the incoming CEO established a strong track record in South America, where he elevated FIAT to market leadership. He also grew the Peugeot, Citroën, Ram, and Jeep brands. Particularly, his work establishing the Pernambuco plant launched Jeep in Brazil, which became the brand's leading market outside the United States. The leadership transition extends to other Stellantis brands, with Xavier Chardon recently appointed CEO of Citroën. Chardon's mission will be to build on Citroën's recent successes and accelerate the brand's transformation in a rapidly changing automotive landscape. Stellantis NV (NYSE:STLA) is a multinational automaker formed in 2021 through the merger of Fiat Chrysler Automobiles and the PSA Group. It designs, manufactures, and sells various vehicles and vehicle components. It produces everything from compact and family cars to SUVs, trucks, and luxury automobiles under well-known brands such as Fiat, Jeep, Dodge, Chrysler, Alfa Romeo, Maserati, Citroën, and Vauxhall, among others. While we acknowledge the potential of Stellantis N.V. (NYSE:STLA) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than STLA and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Automotive
- Yahoo
Stellantis Plans $388 Million Spare Parts Facility in Detroit
As legacy European automakers have been significantly hit by Trump's tariffs, Stellantis N.V. (NYSE:STLA) is finally attempting a bold move to potentially get ahead of its competition. The Netherlands-based company announced on Wednesday morning its plans to invest $388 million to build a spare parts plant in Detroit. The hub is expected to launch in 2027 in Van Buren Township, Michigan, and will support at least 488 union-represented jobs. A close-up view of a modern automobile with its sleek curves and luxurious body. The announcement comes weeks after STLA stock posted a multi-year low around "Liberation Day", as the new tariffs with the US created another major risk for European OEMs, which have already been disrupted by Chinese car makers. STLA sold more than 1.3 million cars to the US in 2024, which represents 23% of its total sales base. The new fab on US soil is likely to increase the company's immunity to tariffs and support its existing manufacturing base of 18 facilities in the US. By producing more spare parts directly in the US, STLA will decrease the portion of its supply chain that could potentially be subject to tariffs. After a challenging 2024 in which STLA stock lost more than half of its value amid intensifying competitive threats from Chinese brands, Stellantis N.V. (NYSE:STLA) is already outperforming the broad market since April, suggesting that management is taking the right strategic steps to protect its North American market. STLA was formed in 2021 through the merger of Fiat Chrysler Automobiles and France's PSA Group, and owns 14 iconic brands, including Jeep, Ram, Chrysler, Dodge, Fiat, Peugeot, and Maserati, among others. While we acknowledge the potential of STLA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than STLA and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-05-2025
- Automotive
- Yahoo
Stellantis N.V. (STLA): Among the Best Car Stocks to Buy in 2025
We recently compiled a list of the 13 Best Car Stocks to Buy in 2025. In this article, we are going to take a look at where Stellantis N.V. (NYSE:STLA) stands against the other best car stocks. Car stocks are the stock holdings of businesses engaged in the automotive market, such as those that produce automobiles, auto parts, or industry-related services. According to Reuters, U.S. new car sales in 2024 grew significantly from their pandemic lows due to increased production, restocked inventory, and growing demand for hybrid cars. As per Wards Intelligence, new car sales in the United States hit 15.9 million in 2024, up 2.2% from 2023 and the highest since 2019. In 2025, S&P Global forecasts that global sales of new light vehicles, or passenger cars and trucks, are projected to rise 1.7% to 89.6 million units. The overall reduction of 2025 automotive estimates reflects anticipated changes in US policy following the election. There will be significant impacts on the demand for vehicles as a result, particularly on interest rates, trade flows, sourcing, and the rates of BEV adoption. Colin Couchman, executive director of global light vehicle forecasting for S&P Global Mobility, commented: '2025 is shaping up to be ultra-challenging for the auto industry, as key regional demand factors limit demand potential and the new US administration adds fresh uncertainty from day one,' 'A key concern is how 'natural' EV demand fares as governments rethink policy support, especially incentives and subsidies, industrial policy, tariffs, and fast evolving OEM target setting.' Chris Hopson, principal analyst at S&P Global Mobility, recently stated that consumers who are considering buying a new car are hurrying to dealers before possible price implications become apparent. The sales spikes in March and April might open the way for future volatility. In the next three months, automakers will face new, tariffed inventory and production levels in addition to unstable economic conditions. In response to industry criticism, President Trump recently introduced a two-year relief provision linked to domestic sales and manufacturing volume, which loosened the recently imposed 25% tariffs on cars and parts. Now, automakers with U.S. factories can deduct import taxes on parts, starting at 3.75% of the suggested retail price of a car in the first year, and then 2.5% in the second year. Vehicles with 85% U.S., Canadian, or Mexican parts are exempt from tariffs, which will rise to 90% by next year. Furthermore, the administration exempted these companies from overlapping taxes on Canadian and Mexican commodities, steel, and aluminum. After industry groups warned that the duties, which went into effect in March for automobiles and on May 3 for parts, would increase auto prices, lower sales, and negatively impact service costs, the move was made.
Yahoo
06-05-2025
- Business
- Yahoo
Is Stellantis N.V. (STLA) The Best Stock Under $15 To Buy?
We recently compiled a list of the Best Stocks Under $15 to Buy According to Hedge Funds. In this article, we are going to take a look at where Stellantis N.V. (NYSE:STLA) stands against the other stocks under $15 to buy. US stocks dropped on Monday, May 5, after President Trump threatened new tariffs to bring back concerns about a trade war. This ended a historic run of gains for the stock market. The S&P 500 dropped about 0.6% to break its longest winning streak in over 20 years. The Dow Jones Industrial Average dropped nearly 0.3% to also report its first loss in the last 10 sessions. The tech-heavy Nasdaq fell almost 0.8%. READ ALSO: 10 Most Profitable Cheap Stocks to Buy Now and 12 Best Stocks to Buy and Hold For 10 Years. The US dollar also lost value as Wall Street started questioning whether recent confidence about a possible trade deal with China was misplaced. Previously, investors were optimistic because of indications that the US and China might start talks about tariffs. Chinese officials had shown interest in reopening trade talks with Washington. However, no talks are set to begin anytime soon. Over the weekend, President Trump said that he has no plans to speak with China's President Xi this week, even though he said he wants a 'fair deal' with China. On Sunday, Trump took to social media and announced a new 100% tariff on movies produced outside the US. According to the President of the US, efforts to start the process would start right away, though he did not give many details about how it would work. Looking ahead, Wall Street has shifted its focus to the Federal Reserve's two-day policy meeting, which will start on Tuesday. It is expected that the Fed will keep interest rates the same for now, even though in recent weeks, President Trump has put pressure on its chair, Jerome Powell. New tariff threats by President Trump and risks of a trade war with China are causing uncertainty in the market. Methodology To compile our list of the 11 best stocks under $15 to buy according to hedge funds, we used the Finviz stock screener. We sorted our results based on market capitalization and picked the top 40 stocks with a share price of under $15 as of May 2, 2025. Next, we focused on the top 11 stocks most favored by institutional investors. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey's Q4 2024 database of more than 1,000 elite hedge funds. Finally, the 11 best stocks under $15 to buy were ranked in ascending order based on the number of hedge funds holding stakes in them as of Q4 2024.
Yahoo
01-05-2025
- Automotive
- Yahoo
Is Stellantis N.V. (STLA) Among the Most Promising EV Battery Stocks According to Wall Street Analysts?
We recently compiled a list of the 12 Most Promising EV Battery Stocks According to Wall Street Analysts. In this article, we are going to take a look at where Stellantis N.V. (NYSE:STLA) stands against the other EV Battery stocks. The term 'EV battery stocks' describes businesses producing and developing electric vehicle batteries. This includes firms that provide energy storage solutions, supply battery components, and produce EV batteries. There is a market for reasonably priced electric cars. Investors can look into the companies making EV batteries, the most crucial and expensive components for EVs, to stay ahead of that demand. The need for EV batteries will rise sharply if the manufacturing of electric vehicles rises dramatically during the next ten years. To satisfy the need for batteries with greater capacity and cheaper costs, major manufacturers are making significant investments. New energy storage solutions being developed by battery technology start-ups, some of which are coming public through mergers with special purpose acquisition companies, have the potential to completely transform the market. EV battery stocks are a great investment option right now. The EV battery market is booming. As per a research report, the market for electric vehicle batteries was estimated to be worth $59.06 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2032, from $67.78 billion to $111.20 billion. Asia Pacific held the largest regional share of the global EV battery market in 2023, with a valuation of $28.44 billion, and is anticipated to continue to do so for the duration of the forecast period. One of the main factors propelling the region's market expansion is China's soaring EV sales. As per the International Energy Agency, China accounted for the largest global sales of electric vehicles in 2023, with 8.4 million units sold. While the EV battery market is growing, the cost of EV batteries has dropped significantly in recent years, as per S&P Global, mostly due to declining prices for essential components like nickel, cobalt, and lithium. However, over the coming years, prices are anticipated to stabilize. For instance, the price of lithium carbonate dropped from around $70,000 per metric ton to less than $15,000 in 2024, while the price of cobalt dipped from $70,000 per metric ton in 2022 to about $30,000. While the global average price is predicted to increase somewhat in the second part of the decade, S&P Global Mobility forecasts that nickel cobalt manganese (NCM811) cell prices in Europe will decline by more than 7% between 2024 and 2030. This is caused by a strained raw material supply chain and unsustainable low profit margins for certain suppliers. NCM811 cells are currently cheaper in Greater China due to increased local production, while they are more expensive in Europe. In contrast, the average cost of lithium iron phosphate (LFP) cells in 2024 will be about $60/kWh, which is 20% less than that of NCM cells. Although LFP production is currently dominated by Greater China, Europe is growing its capacity. However, higher production costs in non-Chinese countries will probably result in a medium-term increase in LFP pricing. While NCM811 packs continue to average $103/kWh in the region, LFP packs in Greater China have achieved the goal of cost parity with internal combustion engine vehicles at $100/kWh. The cost of battery metal may increase, but economies of scale and efficiency improvements should keep costs largely constant. Analysts anticipate lithium prices to stabilize in 2025 as mine closures and robust EV sales in China lessen the global lithium supply glut. China's state-owned commodity data source Antaike estimates the glut will decrease by half to 80,000 tons of lithium carbonate, while Cameron Hughes of CRU Group stated that 2024 curtailments and possible additional reductions will substantially relieve the surplus. Over 5 million cars have already benefited from China's improved EV subsidies, which have driven up demand and helped fuel a late-2024 lithium rally. A buyer of cathode materials attested that the price rise was caused by subsidies, and analysts predict that policy assistance will keep prices rising in 2025, strengthening a bullish outlook. David Merriman, research director at metals research company Project Blue, stated: 'Any improvement in prices is likely to be felt towards the end of 2025 as inventories are used up and buyers return to the spot market.' A close-up view of a modern automobile with its sleek curves and luxurious body. For this list, we compiled an initial list of 20 EV Battery stocks. Then we selected the 12 stocks that had the highest upside potential as of April 29, 2025. We have only included stocks in our list with an upside potential of 20% or higher. The stocks are ranked in ascending order of the upside potential. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here). Analysts' Upside Potential as of April 29: 84.53% Stellantis N.V. (NYSE:STLA) is ranked sixth among the Most Promising Stocks with an upside potential of 84.53%. It became the fourth-largest automotive original equipment manufacturer (OEM) by car sales in January 2021 when French-based Peugeot (PSA) and US-based Fiat Chrysler Automobiles (FCA) merged. Among its brands are Maserati, Fiat, Jeep, Chrysler, Ram, Peugeot, Citroen, Opel, and Alfa Romeo. The company serves clients in 130 markets across more than 30 countries. For three years in a row, adjusted operating margins remained in the double digits Stellantis N.V. (NYSE:STLA) offers a wide range of EVs, including battery EVs and hydrogen fuel cell vehicles. The company's 'Dare Forward 2030' strategy calls for the introduction of more than 75 battery EV vehicles by 2030 In 2024, Stellantis N.V. (NYSE:STLA) showed excellent inventory management by reducing US dealer stock from 430,000 units at the halfway point of the year to 304,000 units at the end, surpassing its goal of 330,000 units. Furthermore, the company broadened its global reach by introducing innovative new products like the Fiat Grande Panda, Citroen C3, Dodge Charger, Jeep Wagoneer S, Citroen C3 Aircross, and Opel Frontera. It proposed a EUR 300 million contract with Comau and a dividend of EUR 0.68 per share, totaling EUR 1.7 billion, proving its commitment to shareholder returns in the face of challenges. The firm's collaboration with Leapmotors in China was effective, with Leapmotors becoming profitable in Q4 2024 and increasing sales to 300,000 units. Overall, STLA ranks 4th on our list of the 12 Most Promising EV Battery Stocks According to Wall Street Analysts. While we acknowledge the potential of EV Battery companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than STLA but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
