History of Stellantis in Timeline

Stellantis N.V. is a multinational automotive manufacturer created in 2021 through the merger of Fiat Chrysler Automobiles (FCA) and the PSA Group. Headquartered in Hoofddorp, Netherlands, Stellantis represents a significant consolidation in the global automotive industry, bringing together a diverse portfolio of brands and technologies. This merger aimed to create a leading mobility player, capable of addressing the challenges and opportunities presented by the evolving automotive landscape.

December 2019: Merger agreement with Peugeot S.A. (PSA)

In December 2019, FCA and Peugeot S.A. (PSA) agreed to a merger, creating the world's fourth-largest carmaker by global vehicle sales.

December 2020: European Commission approves the merger

On 21 December 2020, the European Commission approved the merger of FCA and PSA, while imposing minimal remedies to ensure competition in the sector.

2020: Acquisition of B-Parts

In 2020, Stellantis (then PSA Group) expanded its circular economy initiatives with the acquisition of B-Parts, a leading platform specializing in the sale of used auto parts.

January 2021: FCA and PSA shareholders approve merger

In January 2021, the shareholders of both FCA and PSA approved the merger. The deal was completed on 16 January 2021, and the merged company was renamed to Stellantis N.V. the following day.

January 2021: Renaming to Stellantis N.V.

On 17 January 2021, Fiat Chrysler Automobiles N.V. was renamed Stellantis N.V. after merging with PSA. Peugeot is considered the acquirer for accounting purposes.

2021: Investment in new models and technology

In 2021, Stellantis CEO Carlos Tavares challenged the group's brands to prove themselves for investment in new models and technology. The group planned to have 29 electrified vehicle models available and announced more than €30 billion would be invested by the end of 2021.

2021: Formation of Stellantis

In 2021, Stellantis N.V. was formed from the merger of Fiat Chrysler Automobiles (FCA) and the PSA Group. The company headquarters are located in Hoofddorp, Netherlands.

2021: Sales drop due to semiconductor chip shortage

In the third quarter of 2021, Stellantis sales of new vehicles dropped due to issues related to the supply chain shortage of semiconductor chips.

April 2022: Operations halted in Russia

In April 2022, Stellantis halted operations in Russia due to logistical difficulties and sanctions following the Russian invasion of Ukraine in 2022.

May 2022: Guilty plea and settlement for emissions evasion

In May 2022, Stellantis pleaded guilty to criminal conduct and paid $300 million to settle a probe into its effort to illegally conceal the amount of pollution created by its diesel-engined vehicles.

June 2022: Production paused due to semiconductor chip shortage

In June 2022, Stellantis paused production at two French plants due to shortages in semiconductors.

July 2022: Acquisition of Share Now

On 8 July 2022, Stellantis acquired the carsharing platform Share Now and placed its operational management under Free2move.

November 2022: Acquisition of aiMotive

In November 2022, Stellantis acquired the Budapest-headquartered autonomous vehicle technology company aiMotive.

February 2023: New software development hub in Gliwice, Poland

On 15 February 2023, Stellantis announced the establishment of a new software development and engineering hub in Gliwice, Poland.

June 20, 2023: Joint venture with Foxconn, SiliconAuto

On June 20, 2023, Stellantis and iPhone assembler Foxconn formed a 50-50 joint venture named SiliconAuto to design and sell semiconductors for the automotive industry from 2026.

October 2023: Stellantis acquires Leapmotor stake

In October 2023, Stellantis acquired approximately 20% of Chinese electric vehicle manufacturer Leapmotor in a transaction worth €1.5 billion.

2023: Stellantis ranking

As of 2023, Stellantis was the world's fourth-largest automaker by sales. In 2023, the company was ranked 61st in the Forbes Global 2000.

February 2024: Production of Citroën models started in Kaluga

On 15 February 2024, Russian operators, in collaboration with Dongfeng Motor Group, started the production of new Citroën models at a Stellantis plant in Kaluga, Russia, despite Stellantis halting its Russian operations in April 2022.

March 2024: Stellantis acquires a stake in SteerLight

In March 2024, Stellantis acquired a stake in SteerLight, a Grenoble-headquartered optical radar start-up.

December 2024: Carlos Tavares' resignation as CEO

On 1 December 2024, Carlos Tavares resigned as CEO and John Elkann was appointed interim chairman.

December 2024: Joint-venture with CATL to build lithium iron phosphate battery plant

On 12 December 2024, 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, the company announced a 3 billion euro ($3.2 billion) share buyback.

2025: Active brand portfolio

The active brand portfolio of Stellantis as of 2025 is shown below.

2030: Dare Forward 2030 plan

Stellantis is implementing its Dare Forward 2030 plan, focusing on electrification. The company aims to invest over €50 billion in this initiative over the next decade. By 2030, Stellantis plans to have more than 75 BEV models available, targeting 5 million annual BEV sales globally.

2030: Joint venture target of 500,000 sales outside China

The JV's target is 500,000 sales outside China by 2030.

2038: Carbon net zero target

Stellantis introduced SUSTAINera focusing on circular economy activities. This approach aims to decrease waste and pollution, contributing to Stellantis' objective of achieving carbon net zero by 2038.