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    STLA   NL00150001Q9

STELLANTIS N.V.

(STLA)
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Delayed Borsa Italiana  -  11:37 2022-11-25 am EST
14.65 EUR   -0.03%
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Mopar CAP Partners With Western Tech Partners and Fort Bliss to Provide Career Opportunities for Soldiers

09/29/2022 | 10:41am EST

Auburn Hills, Mich. - Mopar CAP has partnered with Western Technical College in El Paso, Texas, to provide soldiers transitioning out of the Fort Bliss Army Base an opportunity to obtain skills needed to work.

The Service to Service program is an Army career skills program offered to service members transitioning from the military. Many of the transitional soldiers are looking for careers where they can use their skills in areas close to home.

Those accepted into this unique program will undergo extensive Mopar technical training for 10 hours a day, five days a week for 12 weeks. Upon completion of the program, the soldier will graduate with level two certified technical training and ready to join a participating Chrysler, Dodge, Jeep, Ram or FIAT dealership.

'Stellantis Performance Institute is extremely proud to partner with Western Tech to launch the Mopar CAP Service to Service program,' said John Muehmel, senior educational alliances manager- Stellantis. 'We are confident that this program will provide soldiers transitioning to civilian life a solid foundation for their future career path as automotive technicians. We look forward to the success and growth of the program to serve soldiers in the future, as well as fill many in-demand positions in our dealerships.'

'By participating in this joint venture, we not only hope to help transitioning soldiers become employable, but also help meet the need and shortages of qualified technicians. It's a perfect opportunity to be able to give back and assist those that have served our country', said Brad Kuykendall, CEO of Western Technical College.

The new program was officially kicked off during a ribbon-cutting and classroom dedication held on the Western Technical College campus on Thursday, September 22, 2022, with Western Tech leadership, Mopar leadership, Deputy Commanding General of Operations from Fort Bliss and members of the El Paso Chamber in attendance.

To learn more about the Mopar Cap program, visit www.mopar.com/en-us/mopar-cap.

Western Technical College

Founded in 1970, Western Tech has been a family-owned and operated, nationally accredited institution of higher education for four generations in El Paso, Texas. Western Tech is committed to supporting its students from the time of enrollment, throughout the program of study and through graduation and employment. Western Tech's mission is to provide quality training and education in a caring, professional environment that prepares new students and working adults with the skills they need to succeed and advance in their chosen careers.

Mopar CAP

For 80 years Mopar has been the parts, service, and customer care division of the former Chrysler Corporation, now Stellantis. Mopar services parts for Dodge, Chrysler, Jeep, Ram and FIAT brands and has 1,100 Mopar Express Lane service drivers across the country.

(C) 2022 Electronic News Publishing, source ENP Newswire

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Analyst Recommendations on STELLANTIS N.V.
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Financials
Sales 2022 177 B 184 B 184 B
Net income 2022 15 663 M 16 287 M 16 287 M
Net cash 2022 25 711 M 26 735 M 26 735 M
P/E ratio 2022 2,97x
Yield 2022 8,80%
Capitalization 47 076 M 48 950 M 48 950 M
EV / Sales 2022 0,12x
EV / Sales 2023 0,10x
Nbr of Employees 281 595
Free-Float 75,9%
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Number of Analysts 24
Last Close Price 14,65 €
Average target price 20,81 €
Spread / Average Target 42,0%
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Managers and Directors
Carlos Tavares Chief Executive Officer & Executive Director
Richard Keith Palmer Chief Financial Officer
John Jacob Philip Elkann Chairman
Harald J. Wester Chief Engineering Officer
Ned Curic Chief Technology Officer
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