
Lancia is an Italian automobile manufacturer founded in 1906 in Turin by Vincenzo Lancia, now wholly owned by Stellantis (NYSE: STLA). After years of near-dormancy with only the Ypsilon sold in Italy, Lancia is undergoing a brand revival with three new models planned. The new Ypsilon launched in 2024, the Gamma crossover fastback was unveiled in May 2026 and enters production at the Melfi plant, and a new Delta is planned for 2028. Lancia sales increased 15.7% in Q1 2026, rebounding from a 73% decline in early 2025.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Lancia | Stellantis | Wholly owned |
Lancia was founded on November 29, 1906, by Vincenzo Lancia, an Italian automotive engineer and former Fiat test driver, along with his friend Claudio Fogolin. The company was established in Turin, Italy.
Lancia became renowned for its engineering innovations. The 1922 Lambda introduced the monocoque chassis to automobile manufacturing, independent front suspension, and a V4 engine. The 1937 Aprilia was one of the first cars designed in a wind tunnel. Post-war models like the Aurelia (1950) with its V6 engine and the Flaminia (1957) cemented Lancia's reputation for refined engineering.
In motorsport, Lancia was dominant. The Lancia Stratos HF won the World Rally Championship three consecutive years from 1974 to 1976. The Lancia 037 won the WRC manufacturers' title in 1983. The Lancia Delta Integrale won six consecutive WRC manufacturers' titles from 1987 to 1992, making Lancia the most successful brand in WRC history.
Financial difficulties led to Fiat acquiring Lancia in 1969. Under Fiat ownership, Lancia continued producing premium vehicles but gradually lost market share. The 1980s and 1990s saw quality issues and a declining reputation, with models like the Beta suffering from rust problems that damaged the brand's image.
By the 2000s and 2010s, Lancia had been reduced to a single model (the Ypsilon) sold only in Italy. The brand was effectively dormant internationally. Under Stellantis, Lancia launched a revival plan in 2023 as part of the "Dare Forward" strategy, committing to three new models over ten years and international expansion across Europe.
What does Stellantis own?
Stellantis owns 14 automotive brands: Jeep, Ram, Dodge, Chrysler, Wagoneer, Peugeot, Citroen, DS Automobiles, Opel, Vauxhall, Fiat, Alfa Romeo, Lancia, Abarth, and Maserati. The company was formed in 2021 through the merger of Fiat Chrysler Automobiles and Groupe PSA.
Is Stellantis publicly traded?
Yes, Stellantis N.V. is listed on the New York Stock Exchange (STLA), Euronext Paris (STLAP), and Borsa Italiana (STLAM). Major shareholders include Exor N.V. (Agnelli family, approximately 14.4%), the Peugeot family holding company (approximately 7.2%), and Bpifrance (approximately 6.2%).
Who founded Stellantis?
Stellantis was formed on January 17, 2021, through the merger of Fiat Chrysler Automobiles and Groupe PSA. The merger was announced in December 2019 and structured as a merger of equals. Carlos Tavares, former CEO of Groupe PSA, led the combined company until his resignation in December 2024.
Where is Stellantis headquartered?
Stellantis N.V. is legally headquartered in Hoofddorp, near Amsterdam, Netherlands. The company has major operational centers in Auburn Hills, Michigan, USA (North American operations) and Paris, France (European operations).
How many brands does Stellantis own?
Stellantis owns 14 automotive brands: Jeep, Ram, Dodge, Chrysler, Wagoneer, Peugeot, Citroen, DS Automobiles, Opel, Vauxhall, Fiat, Alfa Romeo, Lancia, Abarth, and Maserati.
What is Stellantis's revenue?
For FY2025, Stellantis reported net revenues of EUR153.5 billion, down 2% from EUR156.9 billion in 2024. The company reported a net loss of EUR22.3 billion due to EUR25.4 billion in charges. In Q2 2026, net revenues recovered to EUR43.5 billion (up 13% year over year) with net profit of EUR0.3 billion.
Who is the CEO of Stellantis?
Antonio Filosa is the CEO of Stellantis, appointed permanently on June 23, 2025. He previously served as CEO of the Jeep brand and chief operating officer for North America. He succeeded Carlos Tavares, who resigned in December 2024.
Lancia's revival is centered on electrification as part of Stellantis' broader sustainability strategy. The new Ypsilon is available as a fully electric vehicle, and the Gamma offers both hybrid and fully electric powertrains on the STLA Medium multi-energy platform.
Electric Vehicle Strategy: The Gamma's electric lineup offers ranges from 540 km to 740 km, addressing range anxiety concerns. The hybrid version provides over 1,000 km of range. Stellantis has signed agreements with Tesla to provide access to the Supercharging network for BEV customers starting in January 2026, adding 25,000 charging points.
Italian Manufacturing: The Gamma is produced at the Melfi plant in southern Italy, part of Stellantis' EUR 2 billion plan to revive Italy's car industry. The Melfi plant is being upgraded with advanced environmental standards and energy-efficient processes.
Stellantis Carbon Net Zero: Lancia contributes to Stellantis' Carbon Net Zero Strategy for vehicles, working to reduce greenhouse gas emissions across the entire vehicle lifecycle.
Casa Lancia Showrooms: Lancia's 160 showrooms in Italy, including 70 new exclusive locations, serve as hubs for educating customers about electric mobility and sustainable transportation.
2025 Sales Collapse: Lancia experienced a 73% drop in European sales in January and February 2025 compared to 2024, selling just 2,208 units versus 8,098 in the same period the prior year. The decline occurred despite the launch of the new Ypsilon and international expansion. The old Ypsilon, sold only in Italy, had outsold the new model across multiple European markets by nearly four to one.
Pricing Strategy: The new Ypsilon's hybrid and electric variants carry significantly higher prices than the previous model. Consumers were reluctant to pay premium prices for a brand returning to international markets after years of absence.
Leadership Changes: Lancia CEO Luca Napolitano was reassigned to head Stellantis & You - Sales & Services, raising questions about the brand's strategic direction.
Brand Viability Assessment: Stellantis CEO Antonio Filosa publicly stated that the company is "assessing all 14 brands' long-term viability," creating uncertainty about Lancia's future within the portfolio.
Italian Production Decline: Stellantis' vehicle production in Italy fell to a 71-year low in 2025, dropping 20% year on year to 379,706 vehicles. The decline raised political criticism in Italy about the future of the country's auto industry.
Q1 2026 Rebound: Lancia sales increased 15.7% in Q1 2026, suggesting the revival strategy may be gaining traction. The Gamma launch is critical to sustaining this recovery.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Ferrari | Italy | 1947 | Luxury | Global | Unisex | |
| Stellantis | Italy | 1910 | Premium | Global | Unisex |
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Market Positioning: Lancia competes with 2 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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