Automotive

Stellantis, which brands are in trouble

Tavares' heir will face a complex situation. Maserati risk

by Simonluca Pini

(LaPresse)

5' min read

5' min read

 Carlos Tavares says goodbye to Stellantis in the most complex period since the birth of the Italo-French-American mega-group, created in 2021 by the merger of FCA with PSA. Despite reassurances from the Portuguese manager himself less than two months ago at the Paris Motor Show that all the brands would stay alive and remain within the group, the new CEO will have to carefully assess the health of all the brands by reviewing plans and timetables for 100% electric;

Abarth

 From almost 23,500 cars sold in Europe in 2018 to 7,900 in 2023. Abarth's decline is evident, with the electric 500 Abarth now a meme on four wheels due to ridiculous numbers such as the 14 registrations achieved in the first three months of '24 out of a total of 117 as of 1 November. And it could be even worse with the Abarth 600e, a derivative of the already unsuccessful (in terms of sales) Fiat 600, sold for 49,000 euro in the limited Scorpionissima edition with 280 horsepower. The numbers confirmed how popular Abarth was in the 595 and 695 thermal versions, models with a second youth on the second-hand market;

Loading...

Alfa Romeo

 Seven Alfa Romeo models by 2018 and over 400,000 cars produced per year. These were Sergio Marchionne's statements in 2014, when the rebirth plan for the Biscione brand was presented. As is often the case (due to a mix of 'too much optimism', pandemic, exception cc) the 400 thousand registrations and the 7 models have remained a mirage. Despite unsatisfactory numbers (with 27 thousand cars sold in Italy in 2023), Alfa Romeo's future looks brighter than other brands. The reason is linked to the announced production in 2025 of the future Stelvio on the Stla Large platform. There is also good news from the Junior, a key model to provide liquidity for the brand and dealerships. 

Chrysler

 Among the reasons for Carlos Tavares' early resignation is surely Stellantis' flop in North America, with plummeting profitability and general discontent across the pond. Falling sales due to overpricing and high inventory problems have sent the Detroit-based brand, which is set to turn 100 years old in 2025, into distress. The risk of closure had already been announced by Tavares with a generic 'Stellantis can no longer afford unprofitable brands'.   

Citroen

 The anti-Dacia brand of the Stellantis group. This is the unstated but realistic positioning of Citroen, which has become the group's entry level brand starting with the economical C3. And it is far from a bad thing for the brand of the double chevron, finally with a clear positioning. Because after saying goodbye to the grandeur of the past (caused by a combination of bad models, the creation of Ds for premium models and little brand appeal), in 2025 it will be able to count on a range capable of creating good sales volumes;

Dodge

 As with Chrysler, Dodge has also shown great suffering and criticism in the North American market, with significant stocks of the Dodge Hornet (i.e. the Alfa Romeo Tonale in the American version. 

Ds Automobilies

A rib of Citroen, DS became a full-fledged brand in 2014. A brand that has always been characterised by generous margins (according to Psa management and later Stellantis), it continues to be marginal on the production volume front. Because despite a similar history to that of Cupra (born as a special series of Seat but in reality becoming a full-fledged brand with a strong personality), DS continues not to shine. In 2025, the new 100% electric flagship will be born in Melfi; the hope for the Italian factory is that it will achieve good commercial results;

Fiat

Three new models starting with the Grande Panda. Fiat from 2025 will see a new phase in its history, thanks to the compact car now also electric and the arrival of the new Multipla and a future fastback. In Italy, the launch of the 500 hybrid, produced in the Mirafiori plant, is also expected. Great attention is also being paid to South America, where Fiat continues to be among the market leaders;

Jeep

 The two-year period 2025-2026 will be crucial for Jeep, with the launch of novelties such as Recon (the electric Wrangler), Compass, Cherokee and probably new Renegade. The Toledo-based brand, the real 'golden goose' of Stellantis, must find its ideal course again after making several mistakes on the price and stock positioning front.  

Lancia

 Is it worth keeping a generalist brand alive with only one model on the list? This is the question one asks when it comes to Lancia, a brand with a historic tradition (now unknown to most customers) but with only one compact car derived from the Peugeot 208 in its range. In the next few years, two models (Gamma and Delta) will arrive, initially announced as electric-only but also expected in an electrified version if we aim for at least noteworthy sales;

Maserati

 An even more complex situation for Maserati, where it seems to have gone back to 2016 when there was even talk of closing the historic Modena plant. In 2020, everything seemed to have been resolved, thanks to the €2.5 billion invested by Fca for the restyling of the Modena plant (costing €800,000), the Grugliasco plant at full capacity, the Innovation Lab with over 1,100 people at work and a pharaonic product plan starting with the MC20 christened the new Era of the Trident. According to Maserati's top management, within five years (announcement in December 2020, therefore post-first wave of coveted coveted products), 20 new cars would be launched, 13 of which would be unreleased models.

In actual fact, the Grugliasco plant has been closed, the Innovation Lab dismantled, the Modena plant has recently recorded a -75% drop in production, new models have been limited to 5 instead of 13 (MC20, MC20 Cielo, Grecale, Granturismo and GranCabrio) and the Folgore full electric project is a real flop with only 1 GranTurismo and 3 Grecale on tap sold in Italy in October. Only the sporting side is saved thanks to the good results achieved by the Maserati GT2, from which the recent GT2 Stradale derives

Opel

 Opel is not among the Stellantis group's most at-risk brands, thanks to the major downsizing in the past. After a bailout in 2009 by the German government, General Motors was very close to closure in 2013. Purchased by Psa in 2017, it has undergone major downsizing. In 2025 it will be seen whether models such as the Frontera and Grandland will be able to improve the brand 's accounts;

Peugeot

 One of Stellantis most prosperous brands, Peugeot continues to achieve good commercial results thanks to a strongly renewed range. Some doubt remains about the premium positioning declared by the French leadership;

Ram

Ram continues to achieve good commercial results in the pick-up segment and a greater presence in Europe could improve its profits. Many doubts, however, about the future electric model.

Brand connect

Loading...

Newsletter

Notizie e approfondimenti sugli avvenimenti politici, economici e finanziari.

Iscriviti