Stellantis
NYSE: STLA30Laggard· ProvisionalMulti-brand global automaker (Jeep, Dodge, Ram, Fiat, Peugeot, Citroën, Vauxhall) electrifying its lineup across 14 brands under the Dare Forward 2030 plan while still ICE-dominant by volume.
Why it's on ClimateTicker
Stellantis is a legacy ICE-dominant global automaker attempting a managed transition to electrification under its Dare Forward 2030 plan, which has been materially diluted: the company formally abandoned its 100%-BEV-in-Europe-by-2030 target and pivoted to a 'multi-energy' strategy while posting its first-ever annual loss in 2024. With ~89% of its massive Scope 3 footprint driven by use of sold ICE products and a trail of active diesel-emissions investigations across Europe, the gap between its 'industry climate champion' marketing and verified impact is wide.
Commitments & Certifications
Controversy & Greenwashing Watch
Stellantis publicly abandoned its core Dare Forward commitment to 100% BEV sales in Europe by 2030, with the Ram 1500 REV on indefinite hold and multiple other electrification milestones missed, undermining the credibility of its climate narrative.source ↗
Stellantis and predecessor entities (FCA Italy, Peugeot, Citroën) face ongoing criminal and civil government investigations across France, Germany, Netherlands, Italy, and the EU Commission for alleged emissions non-compliance and consumer fraud on diesel vehicles; Frankfurt prosecutors fined Stellantis Europe in March 2025 for negligent supervisory failures.source ↗
CEO Carlos Tavares resigned abruptly in December 2024 amid collapsing sales, Stellantis's first-ever reported annual loss, and sustained UAW accusations of gross mismanagement; no profit-sharing was paid to UAW workers for 2025.source ↗
Stellantis laid off more than 3,750 factory workers in late 2024 and reneged on a contractually binding commitment to reopen the Belvidere, Illinois plant, while simultaneously paying out billions in dividends and stock buybacks to shareholders.source ↗
A putative securities class action filed in August 2024 in the Southern District of New York alleges Stellantis and former officers made material misstatements about 2024 financial guidance; amended complaint filed March 2025, motion to dismiss pending.source ↗
Stellantis recalled approximately 320,065 plug-in hybrid SUVs in the U.S. to address a potential fire risk, raising questions about quality and safety oversight of its electrified products.source ↗
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