Get Chrysler (STLA: NASDAQ) real-time stock quotes, symbol, news, price, and relevant financial information for trading and investing.
Chart by TradingView
Table of Contents
Chrysler Stock (STLA) Introduction
Founded in the 1920s by Walter P. Chrysler, Chrysler is a large automobile manufacturer with a rich history. Throughout its history, Chrysler has been at the forefront of engineering innovations. It has navigated financial fluctuations with resilience and embraced mergers, acquisitions, and multinationalization.
Walter P. Chrysler was an American automotive industry executive famous for leading the development of Chrysler Corporation, which became one of the top three U.S. automobile manufacturers. In the company’s formative years, he significantly contributed to its growth and success.
Can you trade Chrysler stock? In case you didn’t know, global automotive conglomerate Stellantis N.V. owns Chrysler. Based in the Netherlands, Stellanitis N.V. formed from the merger of Fiat Chrysler Automobiles (FCA) and the French Automotive Groupe PSA.
FCA and Groupe PSA merged in January 2021, creating Stellantis, a new global automotive group encompassing 14 brands, including Chrysler, Fiat, Peugeot, and Citroen. In December 2019, it was reported that the deal was valued at a whopping $50 billion.
Who Is Stellanitis?
In 2021, Stellantis N.V. formed from the merger of the Italian-American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group. This merger united two significant automobile companies to establish Stellantis, a multinational automotive manufacturing corporation.
Fiat Chrysler Automobiles expanded its global footprint and product portfolio by merging with the PSA Group, which includes brands like Peugeot, Citroën, and Opel/Vauxhall.
As of 2023, Stellantis was ranked the world’s fourth-largest automaker by sales, following Toyota, Volkswagen Group, and Hyundai Motor Group. Stellantis operates as a collaboration of 14 iconic automotive brands and two mobility arms, focusing on transportation, facilitating connections, and moving people.
Guided by its strategic plan, Dare Forward 2030, the company is moving towards becoming a sustainable mobility tech company.
Is Chrysler Stock Still American-Owned?
In short, no. While Chrysler is an iconic American brand, it is no longer American-owned. As mentioned above, Chrysler is part of Stellantis, a global automotive conglomerate headquartered in the Netherlands.
Chrysler’s ownership and management are international, not specifically American. However, Chrysler stock is under the Stellantis brand.
Are Chrysler and GM The Same Company?
No, Chrysler and General Motors (GM) are different companies. They are two separate entities in the automotive industry. Chrysler is part of Stellantis, while GM is an independent American automotive company that produces brands like Chevrolet, GMC, Cadillac, and Buick.
You can trade GM under the ticker $GM. On the other hand, Chrysler stock is under the Stellantis ticker $STLA.
Chrysler Stock 5 Second Takeaway
- Fiat Chrysler is now part of Stellantis.
- Stellantis N.V (STLA), formed from the merger of Fiat Chrysler Automobiles and Groupe PSA
- Stellantis is on multiple stock exchanges worldwide, such as the NYSE and Euronext Paris.
- You can’t buy shares of Chrysler Stock directly, but you can purchase shares in their parent company, Stellantis.
- Stellantis owns 14 well-known automobile brands, including Chrysler, Dodge, Jeep, and Maserati.
John Elkann
As chairman of Stellantis and the CEO of Exor N.V., John Elkann holds considerable authority. He supervises the Agnelli family’s holdings through Exor, under the family’s control. Exor possesses a 14.2% economic interest and controls 23.2% of the voting rights in Stellantis.
Robert Peugeot
Robert Peugeot, representing the Peugeot family, has a significant investment in Stellantis and plays an important role in its administration. The Peugeot family maintains a 7.44% ownership in Stellantis through their investment firm, Peugeot 1810, which gives them significant voting power, potentially affecting Chrysler stock.
How to Invest in Chrysler Stock
Investing in Chrysler stock is easily done by buying shares in their parent company, Stellantis N.V. Below is a step-by-step guide you may find helpful:
1. Open a Brokerage Account
What’s nice is that you can easily buy shares of Stellantis (Chrysler stock) as it trades on the New York Stock Exchange. Furthermore, if your broker can access international markets, you can purchase shares through Euronext Paris or Borsa Italiana.
Some of the top brokerage accounts in the USA in 2024 are Interactive Brokers, T.D. Ameritrade, Fidelity Investments, Webull, and SoFi. I like them because they have a variety of features, such as:
- competitive fees,
- an extensive range of investment products,
- advanced research tools,
- free trading of stocks and ETFs,
- easy account setup,
- social trading capabilities, and
- commission-free trading of U.S. stocks and ETFs.
2. Choose How Much Money to Invest
That decision is based on your short—or long-term investing goals. I highly suggest you seek professional advice to help structure your portfolio. However, 264 ETFs contain Stellantis (Chrysler stock) for those who self-manage their investments.
One of the ETFs with the largest weighting of Stellantis is the iShares STOXX Europe 600 Automobiles & Parts UCITS ETF (D.E.) EUR (Dist).
3. Do Your Research
Do you want to be investing in the automotive industry? Does it align with your investing goals? Conduct thorough research on Stellantis (Chrysler stock), including its financial performance, industry trends, and other relevant information to help you make an informed investment decision.
4. Place An Order
Once you’re ready to buy Chrysler stock, log in to your brokerage account and navigate to the trading platform. Enter the ticker symbol for Stellantis, “STLA,” specify the number of shares you want to purchase, and select the order type (market order or limit order).
5. Monitor Your Investment
Like all investments, it’s wise to monitor them. Stay current on relevant news or events that may impact the Chrysler stock price, and decide whether to hold or sell your shares based on your investment goals.
Should You Buy Chrysler Stock?
Once again, every investment decision is personal based on your goals. However, Chrysler stock is facing some challenges.
Stellantis encountered significant difficulties with vehicle recalls in 2024, experiencing multiple instances that impacted many vehicles.
One significant recall involved almost 1.2 million vehicles in the U.S. and Canada due to a software malfunction that could deactivate the rearview cameras.
The impacted models include the 2022 and 2023 model years of Jeep Compass, Grand Cherokee, Wagoneer, Grand Wagoneer SUVs, and Ram ProMaster vans.
Stellantis initiated another recall, impacting more than one million vehicles, with the 2021-2023 Chrysler Pacifica being the most frequently affected model. This recall was launched to rectify stability control issues in over 200,000 vehicles.
Stellantis revenue fell 12% in the first quarter of 2024. CFO Natalie Knight indicated this was due to various factors, from lower sales volumes of models like the Peugeot 3008, Fiat 500, and Opel Mokka to foreign exchange dynamics and an unfavorable product mix. Overall, shipments fell 6 percent on lower sales of models in Europe.
Sound Advice to Follow Before Investing
When investing in a company like Stellantis, it is essential to consider various factors, including the company’s financial performance, industry trends, market conditions, and your own investment goals and risk tolerance.
Conduct extensive research and consider seeking guidance from a financial advisor before investing in Stellantis (Chrysler stock) or any other company. It is important to carefully assess your circumstances and investment goals to make a well-informed decision.
Final Thoughts: Chrysler Stock
Investing in single stocks like Chrysler stock via Stellantis carries built-in risks, and it’s crucial to understand that previous performance does not guarantee future outcomes. Before making any investment decisions, it is essential to understand the possible risks and benefits linked with investing in a particular company.
Frequently Asked Questions
Although you can't buy Chrysler stock directly, you can purchase shares indirectly through their parent company, Stellantis N.V. (STLA).
Stellantis N.V. (STLA)
Not directly, as Stellantis bought the company.
According to TipRanks, Stellantis has a consensus rating of Moderate Buy. In short, it has 13 buy ratings, three hold and two sell ratings.
The average price target for Stellantis is $28.56.
