Like the Volkswagen Group , Toyota group , the Renault–Nissan–Mitsubishi Alliance, Hyundai and the general motors group , Stellantis is also an Automobile group between the Fiat Chrysler Automobiles and the French PSA Group and is the 6 largest group . Brands that are owned by Stellantis group includes most of the popular and premium brands -Jeep , Chrysler ,Dodge , Ram , Mopar , Fiat and more . Along with SRT-an an acronym for Street & Racing Technology -from this i remembered the jeep compass sportier version -SRT that is available in India too and yes jeep is owned as mentioned early.
SRT® is famous for having originally designed and developed the Dodge Viper and bringing the Dodge name to new heights in terms of high-performance engines and horsepower
The principal activity of Stellantis is the design, development, manufacture and sale of automobiles bearing its 16 brands.
The alliance was formed during the end of 2020 and early of 2021 and was approved on 4 January 2021 by the shareholders of both FCA -Fiat Chrysler Automobiles and PSA -Peugeot S.A. and the deal completed on 16 January 2021. Common shares of the new company began trading on the Milan Stock Exchange (MTA) and Euronext Paris on 18 January 2021 and on the New York Stock Exchange on 19 January 2021, in each case under the ticker symbol “STLA” On 17 January 2021, the combined company was renamed Stellantis N.V” .STELLANTIS is rooted in the Latin verb “stello” meaning “to brighten with stars”. It draws inspiration from this new and ambitious alignment of storied automotive brands
