Jeep Maker Stellantis Expands AI Push With Mistral AI Partnership: Details

Core Insights - Stellantis N.V. is enhancing its strategic partnerships with Mistral AI to integrate artificial intelligence across various functions, including vehicle engineering and in-car technology [1][4] - The collaboration aims to develop an AI-driven in-car assistant that allows drivers to communicate with their vehicles using natural language, providing instant responses to inquiries about vehicle functions and troubleshooting [2] - This initiative builds on over a year of joint projects focused on improving customer experience, product innovation, and manufacturing efficiency [3] Company Developments - Stellantis expects a 9% year-over-year decline in global total shipments, projecting around 1.395 million units for Q4 2024 [4] - The company plans to implement major structural changes to enhance decision-making and execution across its operations [5] - Stellantis will release its 2024 financial results on February 26, 2025 [5] Market Reaction - Following the announcement of the partnership with Mistral AI, Stellantis shares (STLA) increased by 1.39%, reaching $13.12 in premarket trading [5]