Michigan Hosts NHRA National Event After 66 Years
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 36 minutes ago
0mins
Should l Buy STLA?
Source: PRnewswire
- Return of Racing: NHRA announces Dodge and Mopar as title sponsors for the inaugural Dodge NHRA Great Lakes Nationals, marking Michigan's first NHRA national event in 66 years, set to take place from September 18-20, 2026, revitalizing local motorsport culture.
- Championship Kickoff: This event serves as the first playoff race in NHRA's 75th anniversary season, holding significant strategic importance by attracting top-tier drivers, which is expected to enhance market exposure and brand recognition for Dodge and Mopar.
- Deepening Brand Collaboration: Dodge CEO Matt McAlear highlights that the partnership with Mopar not only revitalizes racing activities in Michigan but also celebrates the 60th anniversary of the Dodge Charger, further solidifying Dodge's historical presence in the racing community and likely drawing more motorsport enthusiasts.
- Engaging Event Activities: The event will feature interactive exhibits and displays of Dodge muscle cars, enhancing audience engagement, while also being broadcasted on FS1, increasing visibility and audience participation, which is anticipated to drive ticket sales and brand promotion.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy STLA?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on STLA
Wall Street analysts forecast STLA stock price to rise
14 Analyst Rating
7 Buy
7 Hold
0 Sell
Moderate Buy
Current: 7.600
Low
9.33
Averages
11.81
High
15.15
Current: 7.600
Low
9.33
Averages
11.81
High
15.15
About STLA
Stellantis N.V., formerly Fiat Chrysler Automobiles N.V., is a holding Company based in the Netherlands and operates as an automaker and a mobility provider. The Company is engaged in designing, engineering, manufacturing, distributing and selling vehicles, components and production systems. The Company has industrial operations in more than 30 countries and sells its vehicles directly or through distributors and dealers in more than 130 countries. The Company designs, manufactures, distributes and sells vehicles for the mass-market under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia and Ram brands. In addition, the Company designs, manufactures, distributes and sells luxury vehicles under the Maserati brand. The Company's brand portfolio also includes Peugeot, Citroen, DS Automobiles, Opel and Vauxhall. It offers a wide variety of vehicle choices from luxury and mainstream passenger vehicles to pickup trucks, sport utility vehicle (SUVs).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Stellantis Reports Strong Q1 Earnings Amid Challenges
- North American Performance: Stellantis saw a 17% increase in shipments in North America during Q1, driving a 6% year-over-year rise in net revenue to €38.1 billion, exceeding analyst expectations and indicating a recovery in market demand and initial success of the company's strategy.
- Profitability Recovery: Adjusted operating income reached €960 million, significantly surpassing analyst expectations of €568 million and nearly tripling from last year's €327 million, highlighting a substantial improvement in the company's profitability.
- Cash Flow Challenges: Despite achieving a net profit of €377 million in Q1, an improvement from a €387 million loss a year ago, the industrial cash flow remained negative at €1.9 billion, indicating ongoing pressure in cash flow management, with positive cash flow not expected until next year.
- Investor Focus: While the Q1 results show improvement, investors should remain cautious about the sustainability of cash flows and future investment plans, especially with the upcoming 2026 Investor Day where Stellantis will outline its brand investment strategy for global turnaround.
See More
Alfa Romeo 33 Stradale Milestone Handoffs in the US and Italy
- First American Delivery: The Alfa Romeo 33 Stradale was handed over for the first time to entrepreneur Glynn Bloomquist in Austin, Texas, whose deep-rooted passion for the brand stems from his father's influence and ownership of classic models, highlighting the brand's rich history and personal connection.
- Unique Custom Design: Bloomquist's 33 Stradale features a Rosso Villa d'Este exterior with a white front stripe and the number 14, paying tribute to Enzo Ferrari and A.J. Foyt, showcasing the high-end craftsmanship and personalized touch that define the brand's legacy.
- First Production Model Displayed: For the first time, a production 33 Stradale was presented at the Alfa Romeo Museum in Arese, Italy, featuring a unique red exterior that symbolizes the fusion of the brand's history with modern design, drawing significant attention from car enthusiasts.
- Craftsmanship and Innovation Fusion: The production of the 33 Stradale is realized through the Bottega Fuoriserie customization program, demonstrating Alfa Romeo's commitment to design and performance innovation, while the limited run of 33 units enhances its market value and brand prestige.
See More
Michigan Hosts NHRA National Event After 66 Years
- Return of Racing: NHRA announces Dodge and Mopar as title sponsors for the inaugural Dodge NHRA Great Lakes Nationals, marking Michigan's first NHRA national event in 66 years, set to take place from September 18-20, 2026, revitalizing local motorsport culture.
- Championship Kickoff: This event serves as the first playoff race in NHRA's 75th anniversary season, holding significant strategic importance by attracting top-tier drivers, which is expected to enhance market exposure and brand recognition for Dodge and Mopar.
- Deepening Brand Collaboration: Dodge CEO Matt McAlear highlights that the partnership with Mopar not only revitalizes racing activities in Michigan but also celebrates the 60th anniversary of the Dodge Charger, further solidifying Dodge's historical presence in the racing community and likely drawing more motorsport enthusiasts.
- Engaging Event Activities: The event will feature interactive exhibits and displays of Dodge muscle cars, enhancing audience engagement, while also being broadcasted on FS1, increasing visibility and audience participation, which is anticipated to drive ticket sales and brand promotion.
See More
Alfa Romeo 33 Stradale Limited Release Unveiled
- Limited Edition Launch: The Alfa Romeo 33 Stradale is limited to just 33 handcrafted units, merging iconic heritage with modern supercar design, showcasing unparalleled craftsmanship and quality standards aimed at high-end automotive collectors.
- First U.S. Owner Delivery: Entrepreneur Glynn Bloomquist becomes the first American owner, with a deep emotional connection to Alfa Romeo stemming from his passion for motorsport, and his car features a custom-requested red color that highlights individuality and brand history.
- Museum Presentation of First Production Car: The first production 33 Stradale is showcased at the Alfa Romeo Museum, featuring a unique red exterior that symbolizes the brand's tradition and innovation, drawing significant attention from automotive enthusiasts.
- Craftsmanship and Innovation Fusion: The car's exterior color is created through a complex four-layer process, demonstrating color changes under different lighting, reflecting Alfa Romeo's ongoing commitment to design and craftsmanship, further solidifying its position in the high-end market.
See More
BYD Expands into Europe's Electric Vehicle Market
- Factory Acquisition Talks: BYD is negotiating with Stellantis and other European automakers to acquire underutilized factories in the region, particularly targeting potential capacity in Italy, thereby enhancing its manufacturing capabilities in the European electric vehicle market.
- Market Competition Pressure: As legacy European automakers face high costs and intense competition, BYD's expansion strategy aims to leverage this pressure to capture a larger market share in the electric vehicle sector, especially with rising demand following increased fuel prices.
- Preference for Independent Operations: BYD executives have indicated a preference for operating European plants independently rather than through joint ventures, which would simplify management processes and improve operational efficiency, further driving market penetration in Europe.
- Brand and R&D Investment: BYD is exploring legacy brands in Europe, such as Maserati, and plans to hire talent from competitors like Porsche to strengthen its Denza brand, while also increasing local R&D in the UK and France, indicating a strategy that extends beyond sales growth to include brand positioning and regional product development.
See More
Ford Energy Subsidiary Boosts Stock Surge
- Significant Stock Surge: Ford Motor Company's stock closed at $13.57 on Wednesday, up 13.18%, primarily driven by the launch of its new Ford Energy subsidiary, indicating strong market optimism regarding its future profit potential.
- Surge in Trading Volume: Trading volume reached 207.8 million shares, approximately 265% above the three-month average of 57 million shares, reflecting heightened investor interest and increased market activity surrounding Ford's new business venture.
- New Business Prospects: Ford Energy will focus on battery storage systems, leveraging its partnership with Contemporary Amperex Technology Co. Ltd., the world's largest lithium-ion battery manufacturer, which is expected to create new profit streams, particularly through agreements with substantial commercial clients.
- Analyst Optimism: Morgan Stanley analyst Andrew Percoco highlighted that the introduction of Ford Energy could attract attention from major tech companies, potentially driving Ford's stock price higher and underscoring its strategic significance in the electric vehicle market.
See More
Stellantis Reports Strong Q1 Earnings Amid Challenges
- North American Performance: Stellantis saw a 17% increase in shipments in North America during Q1, driving a 6% year-over-year rise in net revenue to €38.1 billion, exceeding analyst expectations and indicating a recovery in market demand and initial success of the company's strategy.
- Profitability Recovery: Adjusted operating income reached €960 million, significantly surpassing analyst expectations of €568 million and nearly tripling from last year's €327 million, highlighting a substantial improvement in the company's profitability.
- Cash Flow Challenges: Despite achieving a net profit of €377 million in Q1, an improvement from a €387 million loss a year ago, the industrial cash flow remained negative at €1.9 billion, indicating ongoing pressure in cash flow management, with positive cash flow not expected until next year.
- Investor Focus: While the Q1 results show improvement, investors should remain cautious about the sustainability of cash flows and future investment plans, especially with the upcoming 2026 Investor Day where Stellantis will outline its brand investment strategy for global turnaround.
See More
Alfa Romeo 33 Stradale Milestone Handoffs in the US and Italy
- First American Delivery: The Alfa Romeo 33 Stradale was handed over for the first time to entrepreneur Glynn Bloomquist in Austin, Texas, whose deep-rooted passion for the brand stems from his father's influence and ownership of classic models, highlighting the brand's rich history and personal connection.
- Unique Custom Design: Bloomquist's 33 Stradale features a Rosso Villa d'Este exterior with a white front stripe and the number 14, paying tribute to Enzo Ferrari and A.J. Foyt, showcasing the high-end craftsmanship and personalized touch that define the brand's legacy.
- First Production Model Displayed: For the first time, a production 33 Stradale was presented at the Alfa Romeo Museum in Arese, Italy, featuring a unique red exterior that symbolizes the fusion of the brand's history with modern design, drawing significant attention from car enthusiasts.
- Craftsmanship and Innovation Fusion: The production of the 33 Stradale is realized through the Bottega Fuoriserie customization program, demonstrating Alfa Romeo's commitment to design and performance innovation, while the limited run of 33 units enhances its market value and brand prestige.
See More
Michigan Hosts NHRA National Event After 66 Years
- Return of Racing: NHRA announces Dodge and Mopar as title sponsors for the inaugural Dodge NHRA Great Lakes Nationals, marking Michigan's first NHRA national event in 66 years, set to take place from September 18-20, 2026, revitalizing local motorsport culture.
- Championship Kickoff: This event serves as the first playoff race in NHRA's 75th anniversary season, holding significant strategic importance by attracting top-tier drivers, which is expected to enhance market exposure and brand recognition for Dodge and Mopar.
- Deepening Brand Collaboration: Dodge CEO Matt McAlear highlights that the partnership with Mopar not only revitalizes racing activities in Michigan but also celebrates the 60th anniversary of the Dodge Charger, further solidifying Dodge's historical presence in the racing community and likely drawing more motorsport enthusiasts.
- Engaging Event Activities: The event will feature interactive exhibits and displays of Dodge muscle cars, enhancing audience engagement, while also being broadcasted on FS1, increasing visibility and audience participation, which is anticipated to drive ticket sales and brand promotion.
See More
Alfa Romeo 33 Stradale Limited Release Unveiled
- Limited Edition Launch: The Alfa Romeo 33 Stradale is limited to just 33 handcrafted units, merging iconic heritage with modern supercar design, showcasing unparalleled craftsmanship and quality standards aimed at high-end automotive collectors.
- First U.S. Owner Delivery: Entrepreneur Glynn Bloomquist becomes the first American owner, with a deep emotional connection to Alfa Romeo stemming from his passion for motorsport, and his car features a custom-requested red color that highlights individuality and brand history.
- Museum Presentation of First Production Car: The first production 33 Stradale is showcased at the Alfa Romeo Museum, featuring a unique red exterior that symbolizes the brand's tradition and innovation, drawing significant attention from automotive enthusiasts.
- Craftsmanship and Innovation Fusion: The car's exterior color is created through a complex four-layer process, demonstrating color changes under different lighting, reflecting Alfa Romeo's ongoing commitment to design and craftsmanship, further solidifying its position in the high-end market.
See More
BYD Expands into Europe's Electric Vehicle Market
- Factory Acquisition Talks: BYD is negotiating with Stellantis and other European automakers to acquire underutilized factories in the region, particularly targeting potential capacity in Italy, thereby enhancing its manufacturing capabilities in the European electric vehicle market.
- Market Competition Pressure: As legacy European automakers face high costs and intense competition, BYD's expansion strategy aims to leverage this pressure to capture a larger market share in the electric vehicle sector, especially with rising demand following increased fuel prices.
- Preference for Independent Operations: BYD executives have indicated a preference for operating European plants independently rather than through joint ventures, which would simplify management processes and improve operational efficiency, further driving market penetration in Europe.
- Brand and R&D Investment: BYD is exploring legacy brands in Europe, such as Maserati, and plans to hire talent from competitors like Porsche to strengthen its Denza brand, while also increasing local R&D in the UK and France, indicating a strategy that extends beyond sales growth to include brand positioning and regional product development.
See More
Ford Energy Subsidiary Boosts Stock Surge
- Significant Stock Surge: Ford Motor Company's stock closed at $13.57 on Wednesday, up 13.18%, primarily driven by the launch of its new Ford Energy subsidiary, indicating strong market optimism regarding its future profit potential.
- Surge in Trading Volume: Trading volume reached 207.8 million shares, approximately 265% above the three-month average of 57 million shares, reflecting heightened investor interest and increased market activity surrounding Ford's new business venture.
- New Business Prospects: Ford Energy will focus on battery storage systems, leveraging its partnership with Contemporary Amperex Technology Co. Ltd., the world's largest lithium-ion battery manufacturer, which is expected to create new profit streams, particularly through agreements with substantial commercial clients.
- Analyst Optimism: Morgan Stanley analyst Andrew Percoco highlighted that the introduction of Ford Energy could attract attention from major tech companies, potentially driving Ford's stock price higher and underscoring its strategic significance in the electric vehicle market.
See More
