Stellantis stock price edged higher by 1.2% in Monday trading as the company confirmed its strategic battery plant expansion in Italy. Such infrastructure investment is seen as pivotal for long-term revenue growth. Benzinga is a financial news and data company headquartered in Detroit. Providing further details, the automaker stated that its U.S. sales of Jeep, Jeep Wrangler, and Jeep Gladiator increased by 11%, 18%, and 43% year-over-year, respectively. The Jeep Wagoneer performed even better, soaring 122% compared to the same period last year â it marked the best-ever August and September monthly sales for the company. Energy price normalization in Europe is a potential tailwind for Stellantis stock price, as lower input costs improve profitability. Analysts model a 0.4% EPS uplift per $10/barrel crude reduction.