History of Stellantis in Timeline

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Stellantis

Stellantis N.V. is a multinational automotive manufacturer created in 2021 through the merger of PSA Group (France) and Fiat Chrysler Automobiles (FCA), itself a product of the merger between Fiat (Italy) and Chrysler (USA). Headquartered in Hoofddorp, Netherlands, with the CEO operating from Auburn Hills, Michigan, Stellantis represents a significant consolidation in the global automotive industry. The company owns a vast portfolio of well-known automotive brands from both its predecessor companies.

2009: Fiat and Chrysler Merger Begins

In 2009, the merger between Italy's Fiat and the US-based Chrysler began, eventually creating Fiat Chrysler Automobiles (FCA).

2014: Fiat and Chrysler Merger Completed

In 2014, the merger between Fiat and Chrysler was completed, forming Fiat Chrysler Automobiles (FCA).

December 2019: FCA and PSA Group Agree to Merge

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

December 2020: European Commission Approves Merger

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

2020: Acquisition of B-Parts

In 2020, B-Parts aftermarket platform was acquired by PSA group.

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

In January 2021, the PSA and FCA merger was completed, and the combined entity was renamed Stellantis N.V. Shares began trading under the symbol "STLA" on various stock exchanges.

2021: Stellantis Formation

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

2021: Partnership with Foxconn to Develop Automotive Chips

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

2021: "Dare Forward" Strategic Plan Release

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

2021: Electrification and Software Investment Plans

In 2021, following the merger, Stellantis announced plans to offer 29 electrified vehicle models by the end of 2021 and invest over €30 billion in electrification and software by the end of the decade.

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 Carsharing Platform Share Now

In July 2022, Stellantis acquired the carsharing platform Share Now.

November 2022: Acquisition of Autonomous Driving Startup aiMotive

In November 2022, Stellantis acquired the autonomous driving startup aiMotive.

2022: Establishment of Electric Vehicle Battery Joint Ventures

In 2022, Stellantis established the electric vehicle battery joint ventures NextStar Energy with LG Energy Solution in Canada and StarPlus Energy with Samsung SDI in the US.

2022: Halting Russian Operations

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

October 2023: Investment in Leapmotor and Formation of Joint Venture

In October 2023, Stellantis acquired a 20% stake in Chinese EV manufacturer Leapmotor for €1.5 billion, forming a joint venture, Leapmotor International, to handle global sales and production outside China.

2023: Launch of SiliconAuto Joint Venture with Foxconn

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

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.

December 2024: Resignation of CEO Carlos Tavares

In December 2024, amid internal friction and worsening financial performance, CEO Carlos Tavares resigned from Stellantis, two years before his contract was set to expire.

December 2024: Joint Venture with CATL for Battery Plant

On 12 December 2024, Stellantis agreed to establish a joint venture with Contemporary Amperex Technology Co. Ltd. (CATL) 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 over Assets in Russia

In early 2024, Stellantis stated that 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 28 May 2025, the board of Stellantis unanimously appointed Antonio Filosa as CEO.

June 2025: Filosa Takes Office

On 23 June 2025, Antonio Filosa became the CEO of Stellantis.

2025: Active Brand Portfolio

In 2025, Stellantis maintained an active brand portfolio, excluding discontinued brands owned by the company or its predecessor organizations.

February 2026: Dissolution of NextStar Energy

In February 2026, the electric vehicle battery joint venture NextStar Energy was dissolved.

2030: Electrification Goals

By 2030, Stellantis' "Dare Forward" plan 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.

2038: Target for Carbon Net Zero

By 2038, the goal is to achieve carbon net zero.

2038: Carbon Zero Target

Stellantis aims for a carbon zero target by 2038.