Turnover: 189.5 billion EUR (2023)

Country: France

Groupe PSA will merge with Groupe Fiat in 2020 to become one of the world's leading carmakers.

In addition, PSA has launched a lease-to-own (LTO) solution for Citroën, Peugeot and DS cars, tailored to individual needs.

may 25, 2021 - Stellantis terminates European distribution contracts with 2 years' notice - source(motor1)

  • Stellantis is the result of the merger between Fiat and the PSA Group in January 2021
  • Group comprises 14 brands
  • Promotion of a sustainable distribution model based on an optimized multi-brand distribution network
  • Group to focus on online sales
  • Termination of European contracts as part of the next revision of the European regulatory framework
  • Centralization of concessions to reduce costs while maintaining volumes

News

Stellantis takes a radical turn in China. 09/12/2023

  • Signature of a strategic partnership with Chinese automotive start-up Leapmotor.
  • Stellantis will acquire a stake of around 21% in the company for a total of 1.5 billion euros.
  • The two companies will also set up a joint venture, Leapmotor International, 51% owned by Stellantis.
  • Based in the Netherlands, it will "have exclusive rights to manufacture, export and sell Leapmotor products outside China"
  • The Leapmotor International joint venture is targeting 500,000 sales outside China by 2030.
  • Deliveries from the Leapmotor International joint venture are scheduled to begin in the second half of 2024.
  • Stellantis terminated its joint venture with Guangzhou Automobile Group (GAC) in July 2022.
  • Stellantis sold three local plants to the Chinese group Dongfeng.

A hydrogen pick-up: Stellantis' answer to Tesla's Cybertruck 06/12/2023

  • Stellantis aims to launch a hydrogen version of a RAM pickup in the USA in late 2026 or early 2027.
  • The hydrogen-powered pickup promises a recharge time of less than ten minutes.
  • Stellantis also plans to produce a hydrogen-powered utility vehicle at "industrial volumes" in Hordain, northern France, from next year.
  • Toyota, another major manufacturer, presented a prototype Hilux that runs on hydrogen.
  • Rivian, a new manufacturer, has already started selling its electric van, backed by Amazon and Ford.

Stellantis aims to become world leader in utility vehicles 24/10/2023

  • Stellantis is number one in Europe and aims to become number 1 worldwide in the commercial vehicle market.
  • Stellantis market share in Europe: 31%
  • Twelve launches planned for Citroën, Peugeot, Fiat and Opel.
  • Range of electric versions: from 330 kilometers for the minivan, to 420 for the large van.
  • Stellantis has 15 factories worldwide.
  • Sales of Stellantis vans in 2022: 1.6 million (out of a total of 5.8 million vehicles sold).
  • Commercial vehicles account for 60 billion euros, a third of Stellantis net revenues
  • Stellantis aims to double sales of light commercial vehicles by 2030.
  • Stellantis' target for 2030: 40% of its LCV sales to be electrically powered.
  • amazon and Merchants Fleet have ordered 12,500 electric vehicles

Stellantis steps up a gear in the commercial vehicle segment 24/10/2023

  • Stellantis presented twelve new commercial vehicles in four different brands.
  • Commercial vehicles account for a third of Stellantis sales, or 60 billion euros.
  • Stellantis intends to double its sales of commercial vehicles by 2030. Stellantis has a 31% market share of commercial vehicle sales in Europe and 28% in South America. The group sold 1.6 million commercial vehicles worldwide last year. Stellantis aims to generate sales of 5 billion euros from connected vehicle services by 2030.

Dealers cry foul against Stellantis 03/07/2023

  • Stellantis has payment terms of up to 18 months, well beyond the 45-day deadline set by the LME law.
  • Stellantis has imposed a strategy of price increases to boost margins.
  • Stellantis' margin reached a record 13% in 2022.
  • Dealers report losing many customers as a result of this pricing strategy.
  • Stellantis aims to achieve a 45% market share in France over the next few years.
  • At the end of the first half, Stellantis held 26% of the national market.

Car financing: a big bang for Stellantis 05/04/2023

  • Stellantis has formed a partnership with BNP Paribas, Crédit Agricole and Santander to restructure the organization of its financial services by country rather than by brand.
  • BNP Paribas is responsible for Austria, Germany and the UK
  • Santander for the Iberian Peninsula, France, Italy, Benelux and Poland
  • Crédit Agricole is the 50/50 leasing partner with Stellantis via Leasys.
  • BNP Paribas Personal Finance outstandings increase by around 6 billion euros, reaching a total of 10 billion euros
  • Stellantis plans to exceed 1 million leased vehicles in Europe by 2026, compared with just over 826,000 in 2021.
  • The group has 2 financial entities per country: one for credit, one for long-term leasing

Stellantis and its dealers finally find a modus vivendi 22/03/2023

  • Distributors will no longer be dealers, but commission agents.
  • Stock will be held by the manufacturer rather than by the distributor, who will be remunerated on a commission basis for services rendered (advice, test drives, etc.)
  • Vehicle prices will be set by the manufacturer, who will pay a commission and cover sales training.
  • - 40% - Stellantis target to reduce distribution costs in Europe by 2030

Stellantis turns vehicle data into gold 06/01/2023

  • Mobilisights, a new business unit designed to offer new services
  • 34 million connected vehicles in the Group's fleet by 2030
  • The market for data from connected vehicles is in its infancy, but analysts predict that it will be worth between $300 and $800 billion by 2030
  • This new business could generate $9 billion in sales by 2030

Stellantis reduces the number of its dealerships 05/01/2023

  • The Stellantis group is to reduce the number of its sales outlets in France.
  • Stellantis merged with Fiat Chrysler in 2021.
  • Sales down 14% by 2022
  • 85% of dealers will be multi-brand.
  • European regulations will change and dealers will be paid on a commission basis.
  • Number of sales outlets down by 20%.

Stellantis cuts through its dealer network 05/01/2023

  • Number of sales outlets reduced by 25%
  • 85% of distributors will offer several brands (mostly between 2 and 4)
  • Distributors will no longer carry stock, but will be remunerated on a commission basis
  • The Netherlands, Belgium and Austria will adopt the new system on July 1
  • DS, Lancia and Alfa Romeo will follow in early 2024
  • The new status will not be the norm for all countries until 2027

Automotive: Stellantis reorganizes its sales network 18/07/2022

  • Change in the status of distributors to "commission agents"
  • Objective: to reduce costs and control sales prices, and reduce the number of square meters by 25% to 30%
  • In future, distributors will be remunerated by commissions based on a percentage of the sales price, according to the services they provide, such as customer test drives or delivery
  • It will also apply to sales of commercial vehicles, a segment in which its market share exceeds 40%

Stellantis prepares for the end of combustion engines 30/06/2022

  • Stellantis says it is implementing solutions to secure the future of the seven plants that manufacture or supply parts for its combustion engines.
  • Until 5 years ago, Trémery was the world's largest plant, producing 3 million diesel engines a year
  • The scheduled phasing-out of combustion engines posed a direct threat to its future.
  • The Stellantis electric motor assembly line produces 1,400 units a day.
  • Production of new-generation electric motor: September 2022 (80% of parts sourced in France)
  • 2024 target: 1 million electric motors per year (700 employees)
  • An electric motor requires 35% to 40% less assembly time than a combustion engine
  • Sales target for Citroën: double in 10 years (worldwide)

Stellantis gets the job done and prepares its plants for the end of combustion engines 30/06/2022

  • Stellantis says it is implementing solutions to ensure the long-term viability of the seven plants that manufacture or supply parts for its internal combustion engines.
  • until five years ago, this was the world's largest diesel engine plant, producing 3 million units a year, and the scheduled phase-out of combustion engines posed a direct threat to its survival.
  • Diesel and gasoline still account for three-quarters of production, but an electric motor assembly line is now running at a rate of 1,400 units a day
  • Series production of a new-generation electric motor is due to start in September, with the double advantage that 80% of parts for the future motor will be sourced in France
  • Stellantis' ambition is to reach a production capacity of 1 million electric motors a year by 2024, with 700 employees
  • Natural attrition has reduced the workforce from 4,400 in 2019 to 3,470 today.
  • For plants specializing in internal combustion engines, the coming shock is all the more severe as an electric motor requires 35% to 40% less assembly time.

Studies mentioning this company

The car dealership market - France

Other companies mentioned:

  • Emil Frey
  • Gueudet
  • ByMyCar (Cosmobilis Groupe)
  • Stellantis (Groupe PSA et Fiat)
  • Bernard Groupe
  • Car Avenue
  • Maurin Groupe
  • Chopard groupe
  • Jean Rouyer Automobiles
  • GCA
  • Dubreuil groupe
  • Sofipel groupe
  • Bodemer
  • MeetDeal
  • Imaweb- Nextlane
  • Kleuster - Jean Lain Automobiles
  • LS Groupe Lamirault Schumacher
  • RCM Automobiles Groupe
  • Cobredia Groupe
  • Mary Groupe
  • Cosmobilis
The light commercial vehicle (LCV) market - Italy

Other companies mentioned:

  • Stellantis (Groupe PSA et Fiat)
  • Volvo Group (Renault Trucks et Volvo Trucks)
  • PSA Peugeot Citroen
The car manufacturing market - France

Other companies mentioned:

  • Ligier Groupe
  • Ineos Grenadier
  • OPmobility Plastic Omnium Groupe
  • Stellantis (Groupe PSA et Fiat)
  • PSA Peugeot Citroen
  • Renault Groupe
The light commercial vehicle market (LCV) - France

Other companies mentioned:

  • Fiat Ducato
  • Volkswagen Group
  • La Poste
  • UPS
  • Véolia Groupe
  • Nissan
  • Daimler Trucks and Buses (Mercedes)
  • Stellantis (Groupe PSA et Fiat)
  • PSA Peugeot Citroen
  • Opel (Stellantis)
  • Isuzu
  • Fuso
  • Piaggio
  • Maxus (Saic)
  • Seat (Vokswagen group)
  • Skoda (Vokswagen Group)
  • Goupil (Polaris Group)
  • Liberty Electric Motion LEM
The battery market - France

Other companies mentioned:

  • Tesla
  • CATL
  • LG Chem
  • Theion
  • Verkor
  • Viridian Lithium
  • Green Corp Konnection GCK
  • Vulcan Energy
  • Blue Solutions (Bolloré Groupe)
  • Alteo
  • Iten
  • Panasonic
  • Tiamat Energy
  • Eramet
  • Tyva Energie
  • Li-Cycle
  • Limatech
  • Inocel
  • Glencore
  • Neogy (Startec Energy Groupe)
  • GS Yuasa
  • BYD
  • Foresee Power
  • Batteries Prod
  • Vélo Batterie- Batteries Prod
  • Toyota
  • Stellantis (Groupe PSA et Fiat)
  • Volkswagen Group
  • Audi (Volkswagen Group)
  • Tata Group
  • Bolloré
  • Mecaware
  • Nawa Technologies
  • BMW
  • Samsung Group
  • SK Group Korea
  • Nissan
  • Arkema groupe
  • Mob-Energy
  • Batconnect
The electric car market - Italy

Other companies mentioned:

  • Stellantis (Groupe PSA et Fiat)
  • Mercedes-Benz
  • Audi (Volkswagen Group)
  • Hyundai Motors
  • Toyota
  • Tesla
  • Renault Groupe
The bioethanol market - France

Other companies mentioned:

  • APM Maersk
  • Ford
  • Renault Groupe
  • Volvo Group (Renault Trucks et Volvo Trucks)
  • Stellantis (Groupe PSA et Fiat)
  • Volkswagen Group
  • TechnipFMC
  • Vinci Energies
  • Tereos Groupe
  • Cristal Union
  • Bioénergie du Sud-Ouest
  • AtkinsRéalis
  • Maguin
The electric cars market - France

Other companies mentioned:

  • Tesla
  • Nissan
  • BMW Mottorrad
  • Hyundai Motors
  • Toyota
  • LG Chem
  • Symbio
  • Saft
  • Forsee Power
  • Blue Solutions (Bolloré Groupe)
  • Volvo Polestar
  • Polycrystal
  • MG Motor France
  • Audi (Volkswagen Group)
  • KIA
  • Mini (BMW)
  • Lexus France
  • Cupra (Seat group)
  • Mazda
  • Smart
  • DS Automobiles (Stellantis)
  • Abarth
  • Aiways Automobile
  • Fisker
  • Jeep
  • Chevrolet
  • Aston Martin
  • Cadillac
  • Stellantis (Groupe PSA et Fiat)
  • Renault Groupe
The Smartgrid market - France

Other companies mentioned:

  • ABB Robotics
  • Enedis
  • Schneider Electric
  • Stellantis (Groupe PSA et Fiat)
  • Renault Groupe
  • Nissan
  • NW Joules
  • Nidec ASI
  • TE Connectivity
  • TDK Electronics