Stellantis is one of the largest automotive companies in the world. Formed through the merger of Fiat Chrysler Automobiles (FCA) and PSA Group in 2021, the company holds a diverse portfolio of well-known car brands. Understanding who owns Stellantis provides insight into the corporate dynamics and financial strategies behind this automotive giant.
History of Stellantis
Stellantis was officially formed on January 16, 2021, as a result of the merger between Fiat Chrysler Automobiles (FCA) and PSA Group.
This merger aimed to create a more competitive company in the global automotive market, combining strengths from both sides. Fiat Chrysler, an Italian-American company, was known for brands like Jeep, Chrysler, and Dodge, while PSA Group, a French automaker, was home to brands like Peugeot, Citroën, and Opel.
The merger allowed Stellantis to become the fourth-largest automotive manufacturer in the world by volume.
Here’s the timeline of Stellantis’ history:
2021 – Formation of Stellantis
Stellantis was officially formed on January 16, 2021, through a 50-50 merger between Fiat Chrysler Automobiles (FCA) and PSA Group (Peugeot S.A.).
2014 – Creation of FCA
Fiat S.p.A. and Chrysler Group merge to form Fiat Chrysler Automobiles (FCA).
2009 – Fiat acquires Chrysler
Following Chrysler’s bankruptcy, Fiat gradually acquires a controlling stake in the American automaker.
1976–2019 – Growth of PSA Group
PSA acquired Chrysler Europe (1978), merged with Citroën (forming PSA Peugeot Citroën), and later acquired Opel and Vauxhall from General Motors in 2017.
1920s–1980s – Early roots
The brands under Stellantis—such as Peugeot (1810), Fiat (1899), Chrysler (1925), Citroën (1919), and others—developed independently across Europe and North America.
2023–present – EV and global strategy
Stellantis launches its Dare Forward 2030 strategy, focusing on electrification, sustainability, and global expansion.
2024 – EV ramp-up and software push
Stellantis expands its EV lineup across all brands and enhances its in-house STLA software platforms.
2025 – Launch of affordable EVs and global scale-up
Stellantis plans to release sub-$25,000 electric cars in Europe and North America while expanding in India and South America.
Who Owns Stellantis?
Stellantis is a publicly traded company, meaning it has a diverse range of shareholders. However, the largest shareholders are institutional investors, with the most significant stake held by a group of investment firms and automakers. The French government and the Italian-American Fiat Chrysler also retain considerable stakes in the company.
The largest shareholder is Exor N.V., the investment company controlled by the Agnelli family, which owns a significant portion of Stellantis. Exor’s influence over Stellantis remains strong due to its control over major decisions and strategic direction.
Major Stellantis Shareholders
Here’s a list of the top shareholders and investors of Stellantis:
| Shareholder | Ownership % | Type | Role / Control |
|---|---|---|---|
| Exor N.V. | 14.4% | Private investment firm | Largest shareholder; strong board presence; controls strategic direction. |
| Peugeot Family (EPF/FFP) | 7.2% | Family holding | Legacy PSA stakeholder; board influence, especially in European operations. |
| BPIFrance (French Government) | 6.2% | State investment bank | Government influence; supports French jobs, factories, and electrification. |
| Dongfeng Motor Corporation | ~1.5% | State-owned automaker | Historical PSA partner; reduced influence but still holds equity stake. |
| BlackRock, Inc. | ~3.5% | Institutional investor | Passive investor; governance influence through voting rights. |
| The Vanguard Group | ~2.8% | Institutional investor | Passive institutional shareholder; ESG engagement and proxy voting power. |
| Amundi Asset Management | ~1.1% | Institutional investor | European-focused investor; supports EU-aligned governance strategies. |
| Norges Bank (Norwegian Fund) | ~0.9% | Sovereign wealth fund | Long-term investor; supports sustainable corporate practices. |
| State Street Global Advisors | ~0.8% | Institutional investor | Passive investor; influence via index fund holdings and corporate governance. |
| Legal & General Investment Mgmt. | <0.5% | Institutional investor | UK-based investor; small but growing presence. |
| Public & Retail Shareholders | ~40% | Public/retail investors | Traded on NYSE, Euronext Paris, and Milan; dispersed ownership, limited control. |
Exor N.V.
Exor N.V., with its controlling stake, owns 14.4% of Stellantis. It is an investment firm led by the Agnelli family, who also own Fiat Chrysler. Exor’s role is pivotal in overseeing major corporate decisions, and its influence extends to Stellantis’ management and financial strategies.
EPF/FFP (Peugeot Family)
The Peugeot family, through their holding companies Établissements Peugeot Frères (EPF) and FFP (now part of Peugeot Invest), owns around 7.2% of Stellantis. This stake comes from their legacy ownership in PSA Group before the merger. The Peugeot family remains involved through board representation and close ties to strategic decision-making, particularly concerning Stellantis’ European operations.
BPIFrance (French Government)
BPIFrance, a French public investment bank backed by the French government, owns 6.2% of Stellantis. The stake originated from its ownership in PSA Group before the merger. The French government’s investment ensures its influence in matters related to employment, industrial development, and electrification in France.
Dongfeng Motor Corporation (China)
Dongfeng, a Chinese state-owned automaker, held a 4.5% stake in Stellantis at the time of the merger. However, in 2022, Dongfeng sold a portion of its shares, reducing its stake significantly to around 1.5%. Despite the reduction, Dongfeng retains some influence due to historical partnerships and joint ventures in China with Stellantis.
BlackRock, Inc.
BlackRock is one of the largest asset managers globally and holds an estimated 3.5% stake in Stellantis. As a passive institutional investor, BlackRock exerts influence mainly through voting power at shareholder meetings and engagement on corporate governance matters.
The Vanguard Group
Vanguard holds about 2.8% of Stellantis. Like BlackRock, Vanguard is a major institutional investor that provides stability to Stellantis’ shareholder base. It plays a role in corporate governance through proxy voting and ESG-focused investment strategies.
Amundi Asset Management
Amundi, a leading European asset manager based in France, owns approximately 1.1% of Stellantis. Amundi’s interest in Stellantis is mainly financial, but its European presence allows it to support governance strategies that align with EU sustainability goals.
Retail and Public Shareholders
Public shareholders collectively hold around 40% of Stellantis. These include private retail investors across Europe and North America who trade Stellantis shares on stock exchanges such as Euronext Paris, the Borsa Italiana (Milan), and the New York Stock Exchange (NYSE). While individual retail shareholders may not have direct influence, their combined voting power can affect the outcome of shareholder resolutions.
Other Institutional Investors
Additional institutional investors include:
- Legal & General Investment Management – small but growing stake, especially in UK-based funds.
- Norges Bank Investment Management (Norwegian sovereign wealth fund) – estimated 0.9% stake.
- State Street Global Advisors – estimated 0.8% stake.
Who Controls Stellantis?
Though Stellantis is a publicly traded company with a wide base of shareholders, actual control lies in the hands of a structured leadership body. This includes the Board of Directors, an executive management team led by the Chief Executive Officer, and key influential shareholders who hold significant sway through voting rights and board representation.
1. The Board of Directors
Stellantis is governed by a Board of Directors composed of 11 members, which includes representatives from key shareholders and independent directors. The board is responsible for overseeing the company’s strategic direction, approving major decisions, and supervising executive management.
Key roles of the board include:
- Reviewing financial results and approving long-term strategies
- Ensuring compliance with regulations in all operating countries
- Appointing and overseeing the Chief Executive Officer (CEO)
- Safeguarding the interests of shareholders and stakeholders
The board is chaired by John Elkann, who also serves as the CEO of Exor N.V., Stellantis’ largest shareholder. His position gives the Agnelli family a direct hand in shaping Stellantis’ corporate strategy.
2. Chief Executive Officer (CEO): Carlos Tavares
Carlos Tavares, formerly the CEO of PSA Group, serves as the CEO of Stellantis. He brings decades of automotive industry experience and was instrumental in the successful merger between FCA and PSA.
As CEO, Tavares:
- Leads day-to-day operations across Stellantis’ global markets
- Oversees product development, electric vehicle strategy, and brand integration
- Reports to the board and executes its approved strategies
- Plays a key role in investor relations and corporate transparency
Tavares is recognized for his cost-cutting expertise and focus on operational efficiency, which has already helped Stellantis improve profitability since the merger.
3. Executive Leadership Team
Supporting the CEO is a global executive team that includes:
- Chief Operating Officers (COOs) for different regional markets
- Chief Financial Officer (CFO)
- Chief Manufacturing Officer
- Chief Technology Officer (CTO)
- Chief Human Resources Officer
This team ensures that Stellantis operates smoothly across its key regions: North America, South America, Europe, the Middle East & Africa, and Asia Pacific. Each executive manages strategy execution in their area while collaborating on global initiatives like electrification and software development.
4. Influence of Major Shareholders
While the board and CEO run Stellantis, major shareholders like Exor N.V., the Peugeot family, and BPIFrance also play a significant role in the company’s governance. They exercise their influence through:
- Board representation
- Voting rights at general meetings
- Strategic input in mergers, acquisitions, and long-term investments
Exor’s influence is especially notable, as it not only holds the largest stake but also chairs the board. The Peugeot family and the French government have historically shown interest in maintaining Stellantis’ industrial presence in Europe.
5. Corporate Governance Structure
Stellantis operates under Dutch law, as the company is legally domiciled in the Netherlands. Its governance follows a one-tier board structure, which blends executive and non-executive directors into a single governing body. This structure helps improve transparency and accountability while complying with international corporate standards.
Stellantis also maintains committees within the board, including:
- Audit Committee
- Remuneration Committee
- Governance and Sustainability Committee
These committees help ensure financial integrity, fair executive compensation, and long-term sustainable growth.
Annual Revenue and Net Worth of Stellantis
Stellantis has seen impressive growth since its formation, with its annual revenue in 2024 reaching approximately $172 billion.
As of early April 2025, Stellantis has an estimated market capitalization of $35 billion depending on stock fluctuations across its listings in New York, Milan, and Paris.
The company’s equity book value (total assets minus liabilities) is approximately $60 billion, based on its 2023 financial statements. This strong balance sheet supports strategic investments in future mobility, electric platforms, and software development.
Stellantis’ ability to integrate various automotive brands and adapt to evolving market trends, such as the shift towards electric vehicles, has made it a strong player in the global automotive industry.
Here’s a breakdown of the historical revenue of Stellantis:
| Year | Annual Revenue (USD) | YoY Growth % |
|---|---|---|
| 2021 | $164.2 billion | – |
| 2022 | $179.6 billion | +9.4% |
| 2023 | $189.5 billion | +5.5% |
| 2024 | $172.0 billion | −9.2% |
Stellantis Market Share and Competitors
Stellantis is one of the largest automotive manufacturers in the world. As of 2024, the company held a global market share of approximately 7.3%, making it the fourth-largest automaker by volume after Toyota, Volkswagen, and Hyundai-Kia.
Its market share is especially strong in regions like Europe, South America, and North America. In Europe, Stellantis is consistently either the first or second-largest automaker by sales, depending on the quarter.
Stellantis sells more than 6 million vehicles per year across its 14 brands. Its diverse brand portfolio, including Jeep, Dodge, Ram, Peugeot, Fiat, and Citroën, gives it an edge in multiple markets and customer segments.
Here’s a breakdown of its top global competitors:
Toyota Motor Corporation
Global Market Share (2024): ~11.5%
Toyota remains the world’s leading automaker by volume. It has maintained a dominant position through its strong presence in North America and Asia. Toyota’s success lies in its reputation for reliability, fuel efficiency, and hybrid leadership. The company is expanding its electric vehicle (EV) offerings but continues to rely heavily on hybrids for growth.
In the U.S., Toyota consistently ranks in the top three automakers. Its brands—Toyota and Lexus—are also expanding aggressively into software-defined vehicles and battery production.
Volkswagen Group
Global Market Share (2024): ~10.1%
Volkswagen Group includes brands like Volkswagen, Audi, Porsche, Škoda, and SEAT. The group has a very strong footprint in Europe, where it often battles Stellantis for the top spot. It also has growing EV sales, especially through its ID-series electric vehicles.
Volkswagen has been investing heavily in electrification and software, with its own battery gigafactories under development. In China, it’s a key player, though it has recently faced strong competition from domestic EV makers like BYD.
Hyundai Motor Group
Global Market Share (2024): ~8.4%
Hyundai Motor Group includes Hyundai, Kia, and Genesis. It ranks just above Stellantis in global sales. Hyundai and Kia have significantly grown their EV offerings with models like the IONIQ 5 and EV6, earning high praise for design and performance.
The group’s focus on technology, safety, and global design appeal has helped it grow rapidly across the U.S., Europe, and emerging markets. Hyundai is also investing in hydrogen fuel cell technology and autonomous driving systems.
General Motors (GM)
Global Market Share (2024): ~6.9%
GM is a key Stellantis rival in North America. It owns Chevrolet, GMC, Cadillac, and Buick. The company has committed to an all-electric future and is pushing forward with its Ultium battery platform. While GM no longer has a strong presence in Europe, it remains a top player in the U.S. and China.
In the electric space, GM faces rising pressure from Tesla and other startups but continues to lead in pickup trucks and SUVs.
Ford Motor Company
Global Market Share (2024): ~6.2%
Ford remains a fierce competitor to Stellantis in trucks and SUVs. Its bestsellers include the Ford F-Series and the Explorer. Ford is also aggressively expanding its EV presence with the Mustang Mach-E and the F-150 Lightning.
Though it trails Stellantis in European volume, Ford is a strong brand in North America and has built a solid commercial vehicle business. It’s also exploring partnerships in software and mobility services.
Honda Motor Co.
Global Market Share (2024): ~5.2%
Honda is known for its reliable sedans, SUVs, and motorcycles. Its U.S. sales are strong, particularly with the Honda Civic and CR-V. However, it lags behind in EVs compared to competitors.
Honda is currently collaborating with General Motors to develop affordable EV platforms. It continues to hold a strong brand image but faces challenges in evolving consumer preferences.
Tesla Inc.
Global Market Share (2024): ~4.4% (cars only)
While smaller than Stellantis in total volume, Tesla dominates the EV-only segment. The company leads in electric vehicle innovation, battery range, and self-driving capabilities. It sold over 1.8 million vehicles globally in 2024.
Tesla has disrupted the industry with its direct-to-consumer model and over-the-air software updates. Its influence has pushed legacy automakers, including Stellantis, to speed up their electric transition.
BYD (Build Your Dreams)
Global Market Share (2024): ~3.9% (cars only)
BYD is the largest EV manufacturer in China and a rapidly growing global force. It competes aggressively on price, especially in the compact and mid-size EV segment. BYD’s international expansion into Europe, Southeast Asia, and South America makes it a rising threat to Stellantis and other legacy automakers.
The company benefits from strong domestic support, vertical integration, and battery production capabilities.
Brands and Companies Owned by Stellantis
Stellantis owns 14 iconic automotive brands covering everything from mass-market passenger cars to luxury and commercial vehicles. This diverse brand portfolio allows the company to operate across multiple global markets and consumer segments.
Jeep
Jeep is one of the most valuable and globally recognized brands under Stellantis. Known for its rugged off-road vehicles like the Wrangler, Grand Cherokee, and Compass, Jeep is a key player in the SUV market.
Originally part of American Motors Corporation (AMC), Jeep became a Chrysler brand in 1987. It has since expanded into global markets, especially in North America, Europe, and India. Stellantis is heavily investing in electrified Jeep models, including the Wagoneer S and the Jeep Recon.
Ram
Ram specializes in trucks and commercial vehicles. It was spun off from Dodge in 2009 to focus exclusively on pickups and utility vehicles. The Ram 1500 is one of the best-selling trucks in the U.S., competing with the Ford F-Series and Chevy Silverado.
Ram also offers heavy-duty trucks and vans for both consumer and commercial use. Stellantis plans to release electric and hybrid versions of its flagship trucks to meet emission targets and fleet regulations.
Dodge
Dodge is a performance-driven American brand, famous for muscle cars like the Charger and Challenger. It has a loyal fanbase in North America, with a focus on bold styling, high horsepower, and street presence.
Though its lineup is smaller than some other Stellantis brands, Dodge is undergoing a transition to electric muscle cars, beginning with the Dodge Charger Daytona SRT EV.
Chrysler
Once the flagship brand of the former Chrysler Corporation, Chrysler now focuses on minivans and luxury family vehicles. Its main models include the Chrysler Pacifica and 300 sedan.
Chrysler is also set to play a strategic role in Stellantis’ electric future, with a full-EV Chrysler lineup expected by the end of the decade. It’s seen as a premium yet practical brand in the U.S. market.
Fiat
Fiat (Fabbrica Italiana Automobili Torino) is an Italian brand known for small city cars like the Fiat 500, Panda, and Tipo. It holds strong brand equity in Europe and Latin America, particularly in Italy and Brazil.
Fiat is currently being repositioned as an urban mobility brand, with a growing focus on electric vehicles like the 500e. The brand helps Stellantis meet emission targets in Europe and offers affordable EV options for budget-conscious buyers.
Alfa Romeo
Alfa Romeo is a premium Italian brand celebrated for its racing heritage, performance engineering, and stylish design. Key models include the Giulia and Stelvio.
The brand competes with BMW and Audi in the compact luxury segment. Under Stellantis, Alfa Romeo is undergoing global expansion and electrification, with plans for a fully electric lineup by 2027.
Maserati
Maserati is Stellantis’ ultra-luxury performance brand, competing with Porsche, Aston Martin, and Mercedes-AMG. It produces high-end models like the Ghibli, Quattroporte, Levante, and MC20 supercar.
Maserati plays a key role in the company’s premium strategy and is set to become an all-electric luxury marque by 2030. The Maserati GranTurismo Folgore, its first all-electric car, launched recently as part of that transformation.
Peugeot
Peugeot is one of the oldest car manufacturers in the world and is central to Stellantis’ presence in Europe and Africa. Known for practical, efficient vehicles like the Peugeot 208, 308, and 3008 SUV, the brand is well-regarded for innovation and design.
Peugeot is leading Stellantis’ electrification push in Europe, offering EV and hybrid versions of nearly all models. It’s also expanding into Latin America and exploring re-entry into the U.S. market.
Citroën
Citroën is a French brand known for comfort, affordability, and avant-garde design. Popular models include the C3, C4, and Berlingo. Citroën is heavily focused on Europe, India, and Latin America.
The brand targets budget-conscious buyers and fleet operators, often with innovative low-cost electric vehicles like the Citroën ë-C3 and Ami urban EV. It’s seen as the quirky, creative brand within Stellantis.
DS Automobiles
DS is Stellantis’ premium French brand, spun off from Citroën. It combines luxury styling with French craftsmanship and advanced technology. DS competes with Audi and Mercedes-Benz in compact premium segments.
Popular models include the DS 4, DS 7, and DS 9. DS is fully committed to electrification, with all new models being electric from 2024 onward.
Opel
Opel is a German brand focused on practical, efficient cars with wide European appeal. Known for models like the Corsa, Astra, and Mokka, Opel serves as Stellantis’ mainstream brand in Germany and several EU countries.
After being acquired from GM in 2017, Opel has been restructured and electrified under PSA and now Stellantis. The brand is transitioning to an EV-only lineup in Europe by 2028.
Vauxhall
Vauxhall is the UK sister brand to Opel. The cars are nearly identical but adapted for the British market. Vauxhall is a key player in the UK with a strong presence in fleet sales and compact vehicle segments.
Models like the Vauxhall Corsa, Astra, and Combo van remain popular among private and business buyers. Vauxhall is also moving toward full electrification in line with the UK’s zero-emissions goals.
Lancia
Lancia, once a luxury and rally legend, now operates mainly in Italy with a single model: the Ypsilon. However, Stellantis is reviving the brand with a new electric Lancia lineup, including the return of the Delta and other models for European markets.
The brand will focus on blending Italian elegance with sustainable design. It’s part of Stellantis’ premium brand strategy alongside Alfa Romeo and DS.
Free2Move
While not a traditional car brand, Free2Move is Stellantis’ mobility services platform. It offers car-sharing, leasing, and mobility solutions in urban environments. The brand helps Stellantis expand beyond car manufacturing into transport-as-a-service (TaaS).
It supports the company’s strategic shift toward subscription models, software platforms, and alternative ownership.
Conclusion
Stellantis is a multinational automotive powerhouse, with ownership spread across a diverse group of institutional investors and automakers. Exor, Groupe PSA, and the French government hold significant stakes, ensuring that they have a major influence over the company’s decisions.
Stellantis’ extensive portfolio of brands positions it strongly in the global market, where it faces fierce competition from the likes of Toyota, Volkswagen, and General Motors. As the automotive industry evolves, Stellantis is well-positioned to continue its growth, particularly in the electric vehicle segment.
FAQs
Who is the largest shareholder of Stellantis?
The largest shareholder of Stellantis is Exor N.V., the investment company controlled by the Agnelli family. It owns approximately 14.4% of the company.
Does the French government own Stellantis?
Yes, the French government holds around 6.2% of Stellantis, a stake inherited from its involvement with PSA Group prior to the merger.
What brands are owned by Stellantis?
Stellantis owns several well-known brands, including Jeep, Chrysler, Dodge, Peugeot, Citroën, Opel, Fiat, and Mopar.
Who controls Stellantis?
The control of Stellantis lies with its board of directors, with CEO Carlos Tavares playing a key role in the company’s decision-making process.
What is Stellantis’ market share?
Stellantis holds about 10% of the global automotive market, making it one of the top five manufacturers in the world.
Who is the CEO of Stellantis?
Carlos Tavares is the CEO of Stellantis. He has led the company since its formation in 2021 and previously served as CEO of PSA Group.
Is Stellantis an American or European company?
Stellantis is a multinational company with headquarters in Amsterdam, Netherlands. It was formed from the merger of Fiat Chrysler Automobiles (FCA) and PSA Group, combining American and European roots.
Is Stellantis a public company?
Yes, Stellantis is a publicly traded company. It is listed on the New York Stock Exchange (STLA), Euronext Paris, and Borsa Italiana in Milan.
How many cars does Stellantis sell annually?
Stellantis sells over 6 million vehicles per year globally, making it one of the top five automakers by volume.
Does Stellantis make electric vehicles?
Yes, Stellantis produces electric vehicles across multiple brands, including the Fiat 500e, Peugeot e-208, Jeep Avenger EV, and Maserati GranTurismo Folgore.
What countries does Stellantis operate in?
Stellantis operates in over 130 countries and has manufacturing facilities in more than 30 countries across North America, Europe, South America, Africa, and Asia.
Why was Stellantis formed?
Stellantis was created in 2021 through the merger of Fiat Chrysler Automobiles and PSA Group to combine resources, reduce costs, and compete more effectively in global markets—especially in EVs and tech.
Which Stellantis brand is the most profitable?
Jeep and Ram are among the most profitable brands, especially in North America, due to strong SUV and truck sales.
Will Stellantis re-enter the Chinese market?
Stellantis is restructuring its China strategy. It has scaled back joint ventures and is exploring asset-light models and imports through its premium brands like Maserati and Jeep.
What is Stellantis’ goal for electrification?
Stellantis plans to invest over €50 billion in electrification and software through 2030. Its goal is to sell only battery electric vehicles (BEVs) in Europe by 2030 and reach 50% BEV sales in the U.S. by the same year.
Where is Stellantis headquarters?
Stellantis’ headquarters is located in Amsterdam, Netherlands.
Does Stellantis own Ferrari?
No, Stellantis no longer owns Ferrari. Ferrari became an independent company after its spin-off from FCA in 2016.
Is Stellantis an American company?
No, Stellantis is a multinational company formed by merging Fiat Chrysler Automobiles (FCA) from Italy and PSA Group from France.
Who is the mother company of Stellantis?
Stellantis was created through a merger of Fiat Chrysler Automobiles (FCA) and PSA Group, so it doesn’t have a “mother company.” It’s a joint entity.
Does Elon Musk own Stellantis?
No, Elon Musk does not own Stellantis. He is the CEO of Tesla, a direct competitor to Stellantis in the electric vehicle market.
Is Stellantis the largest company in the world?
No, Stellantis is not the largest company in the world. While it is one of the largest automakers, companies like Apple and Microsoft surpass it in overall size.
Does Stellantis own Mercedes?
No, Stellantis does not own Mercedes-Benz. Daimler AG, a separate German company, owns Mercedes-Benz.