Net Worth: $65 billion
Stellantis 19.47 +0.73 +3.90%
Stellantis is a Dutch-based multinational automotive manufacturing corporation with a net worth of $65 billion. Resulting from the merger of French automaker Groupe PSA and Italian-American automaker Fiat Chrysler Automobiles. The two companies had both agreed to merge together making Stellantis the 4th largest automaker in the world.
The merger offers a combined fourteen car brands including 7 subsidiary companies under the umbrella. The fourteen brands consist of Abarth, Alfa Romeo, Chrysler, Citroen, Dodge, DS, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, and Vauxhall. The companies main shareholders are Exor N.V. (14.4%), Peugeot family (7.2%), Bpifrance (6.2%), and Dongfeng Motor Group (5.6%). Currently Stellantis trades on the Italian and European stock exchange with the ticker symbol BIT: STLA. The company today in addition will be transitioning over to the New York Stock Exchange under the ticker symbol STLA.
Stellantis employees 400,000 employees world wide covering 20 plus locations including offices, commercial plants, and other company related locations. institutional stakeholders include Tiger Global (2.3%), UBS Securities (1.6%), and The Vanguard Group (0.96%). The companies brands are operated by Luca Napolitano, Timothy Kuniskis, Vincent Cobee, Timothy Kuniskis, Béatrice Foucher, Oliver Francois, Christian Meunier, Antonella Bruno, Davide Grasso, Michael Lohscheller, Jean-Philippe Imparato, Michael Koval, and Stephen Norman. Stellantis net worth has dramatically increased after the merger boasting the corporation’s value instantly making it one of the worlds most valuable automotive companies today. As Stellantis continues to expand its operations it will be the largest automaker in the world.
With so many brands under the umbrella there is no stopping the rapid growth pace for Stellantis to be the number one automaker if it continues its merger or acquisition strategies. The company is growing to maintain its top five position currently ranking it in the fourth place spot.