History of Stellantis in Timeline

Stellantis N.V. is a multinational automotive manufacturer created in 2021 through the merger of PSA Group and Fiat Chrysler Automobiles (FCA). FCA was previously formed by the merger of Fiat and Chrysler between 2009-2014. The company is headquartered in Hoofddorp, Netherlands, but its CEO operates from Auburn Hills, Michigan. Stellantis is a major player in the global automotive industry, encompassing a wide array of well-known brands.

December 2019: Merger Agreement between FCA and PSA Group

In December 2019, Fiat Chrysler Automobiles (FCA) and the PSA Group agreed to merge, forming the world's fourth-largest automaker.

December 2020: European Commission Approves Merger

On December 21, 2020, the European Commission approved the merger between PSA and FCA with minimal conditions.

2020: Acquisition of B-Parts Aftermarket Platform

In 2020, the B-Parts aftermarket platform was acquired by PSA, and is now being integrated by Stellantis to further sustainability goals.

January 2021: Merger Completion and Renaming to Stellantis N.V.

In January 2021, specifically on the 16th, the merger of PSA and FCA was completed. On January 17, 2021, the combined entity was renamed Stellantis N.V., with shares beginning to trade under the symbol "STLA" on various stock exchanges later in January.

2021: Appointment of Carlos Tavares and Electrification Plans

In 2021, Carlos Tavares was appointed CEO of Stellantis and announced plans to offer 29 electrified vehicle models by the end of 2021 and to invest over €30 billion in electrification and software by the end of the decade.

2021: Formation of Stellantis

In 2021, Stellantis N.V. was formed through the merger of the French PSA Group and Fiat Chrysler Automobiles (FCA).

2021: Partnership with Foxconn

In 2021, Stellantis partnered with Foxconn to co-develop automotive chips due to the global semiconductor shortage.

2021: "Dare Forward" Strategic Plan Release

In 2021, Stellantis released their "Dare Forward" strategic plan, with aims to invest €50 billion before 2030 to fund electrification of vehicles and sets global sales and sustainability targets.

May 2022: Settlement of Diesel Emissions Fraud Investigation

In May 2022, Stellantis pleaded guilty to criminal charges and paid $300 million to settle a U.S. Department of Justice investigation into diesel emissions fraud affecting over 100,000 vehicles.

July 2022: Acquisition of Share Now

In July 2022, Stellantis acquired carsharing platform Share Now.

November 2022: Acquisition of aiMotive

In November 2022, Stellantis acquired autonomous driving startup aiMotive.

2022: Halting of Russian Operations

In 2022, Stellantis halted Russian operations due to sanctions related to the invasion of Ukraine.

October 2023: Acquisition of Stake in Leapmotor

In October 2023, Stellantis acquired a 20% stake in Chinese EV manufacturer Leapmotor for €1.5 billion, forming a joint venture, Leapmotor International.

2023: Launch of SiliconAuto Joint Venture

In 2023, Stellantis and Foxconn launched a joint venture called SiliconAuto, based in the Netherlands.

2023: Introduction of SUSTAINera

In 2023, Stellantis introduced SUSTAINera, a hub for recycling and sourcing used parts to improve circular economy sustainability goals, reduce waste, and offset emissions. The initiative aims to contribute to the goal of achieving carbon net zero by 2038.

December 2024: Resignation of Carlos Tavares

In December 2024, Carlos Tavares resigned as CEO of Stellantis amid criticism over cost-cutting, declining sales, and strained relationships with stakeholders. He resigned two years before his contract was set to expire.

December 2024: Joint-Venture with Contemporary Amperex Technology Co. Ltd.

On 12 December 2024, it was reported that Stellantis have agreed to establish a joint-venture with Contemporary Amperex Technology Co. Ltd. to invest €4.1 billion in building a large-scale lithium iron phosphate battery plant in Zaragoza, Spain.

2024: Share Buyback Announcement

In 2024, Stellantis announced a €3 billion (US$3.2 billion) share buyback.

2024: Loss of Control of Russian Assets

In early 2024, Stellantis stated it had "lost control" of its assets in Russia after Russian partners began producing Citroën-branded vehicles at the Kaluga plant.

May 2025: Appointment of Antonio Filosa as CEO

On May 28, 2025, the board of Stellantis appointed Antonio Filosa as CEO.

June 2025: Effective Date of Antonio Filosa's CEO Appointment

Antonio Filosa's appointment as CEO of Stellantis became effective on June 23, 2025.

2025: Stellantis ranking

As of 2025, Stellantis was ranked as the world's fifth-largest automaker by global sales volume and placed 61st on the Forbes Global 2000 list.

2025: Active Brand Portfolio

In 2025, Stellantis maintained an active brand portfolio, excluding discontinued brands.

2030: Electrification Sales Targets

By 2030, Stellantis aims to achieve 100% battery electric vehicle (BEV) sales for passenger cars in Europe and 50% of passenger car and light-duty truck sales in the United States, across 75 electric vehicle models.