INDEX / DIRECTORY / JEEP / V-ECON

Jeep V-ECON

ECONOMIC AUDIT UPDATED 2026-05-19
V-ECON Score 1.51 /10 E Jeep — BDS-1000 154
V-ECON 1.51

Evidence-only forensic audit. Scoring happens downstream — see the main dossier for the composite assessment.

V-ECON Audit: Jeep (Stellantis N.V.)

Audit Phase: V-ECON Target: Jeep (brand of Stellantis N.V.) Date: 2026-05-01

Supply Chain & Sourcing Relationships

Agricultural & Food Sourcing

Jeep is an automotive brand operated under Stellantis N.V. The standard V-ECON supply-chain enquiry into agricultural aggregators, produce exporters, or food sourcing relationships (e.g., Mehadrin, Hadiklaim, Galilee Export, Agrexco successors) is structurally inapplicable. Stellantis does not source food commodities, and no NGO reporting, regulatory disclosure, or corporate filing links Jeep or Stellantis to Israeli agricultural supply chains.12 No public evidence identified.

Industrial & Component Supply Chain

Stellantis’s Supplier Code of Conduct (2022) and ESG Report 2023 govern its global supply chain framework but do not disclose a full Tier 1 supplier registry by country of domicile.32 Neither document identifies Israeli-domiciled entities as material Tier 1 partners. A notable gap persists at Tier 2 and Tier 3 levels: Stellantis does not publicly disclose sub-tier supplier lists, and it is therefore not possible to confirm or exclude Israeli-domiciled component suppliers — for example in semiconductors, sensors, lighting, or safety systems — from available public data.

One specific potential relationship warrants noting: Mobileye (an Intel subsidiary, Israeli-founded and headquartered in Jerusalem) supplies ADAS and camera systems to multiple global OEMs. Whether Stellantis holds an active Mobileye supply contract covering any Jeep platform is not confirmed in Stellantis’s public filings, Mobileye SEC disclosures, or automotive trade press as of the 2023 reporting period.32 No public evidence identified for a confirmed Stellantis–Mobileye contract.

Importer of Record & Distribution Structure

Jeep vehicles enter the Israeli market exclusively through Colmobil Corporation Ltd., a publicly listed Israeli company traded on the Tel Aviv Stock Exchange (TASE).456 Colmobil holds an exclusive authorized importer and distributor franchise for Stellantis brands in Israel — including Jeep, Chrysler, Dodge, and Ram — under a dealer/franchise agreement whose commercial terms (royalty rates, exclusivity scope, territorial definitions) are not publicly disclosed.7 Colmobil is an independent Israeli corporation; it is not a wholly-owned subsidiary, joint venture, or dedicated import vehicle of Stellantis.47

Jeep models confirmed as available in the Israeli market through this channel include the Wrangler 4xe, Grand Cherokee, Compass, and Renegade, as reported in Israeli automotive trade and consumer press.8 No parallel-import or white-label arrangements for Jeep vehicles into Israel are publicly documented.4

A specific evidence gap remains regarding whether Colmobil operates dealerships or service centres within Israeli settlements in the West Bank. This is neither confirmed nor denied in available English-language sources, and the Who Profits and Corporate Occupation databases do not specifically cite Colmobil or Jeep in that context as of their last known updates.910

Product Origin, Labeling & Regulatory Compliance

Settlement-Origin Product Labeling

Jeep produces automobiles, not agricultural or food products. The settlement-origin produce labeling framework (EU Council Regulation, UK/DEFRA guidance, NGO monitoring of fresh produce) is structurally inapplicable. Neither the Who Profits database entry for Stellantis nor the Corporate Occupation Project record cites Jeep or Stellantis in connection with settlement-origin product mislabeling or country-of-origin fraud.910 No public evidence identified.

Vehicle Country-of-Origin Labeling

Jeep vehicles sold in Israel carry standard country-of-origin designations consistent with their assembly plants. Published reporting confirms vehicles such as the Wrangler and Gladiator are built in Toledo, Ohio, USA, and carry corresponding origin markings; certain Fiat-platform derivatives carry Italian or European origin designations.11 No regulatory citation, customs enforcement action, or consumer complaint regarding country-of-origin mislabeling of Jeep vehicles in the Israeli market is publicly documented.11

Corporate Policy on Contested-Territory Sourcing

Stellantis’s Supplier Code of Conduct and ESG Report 2023 do not contain a specific stated policy addressing sourcing from, or labeling of goods produced in, occupied or contested territories.32 No public evidence identified of a dedicated corporate policy on this sub-category.

Investment, Capital & Financial Exposure

Direct Foreign Investment in Israel

No verified public evidence exists of Stellantis or the Jeep brand holding direct capital investments within Israel or the occupied territories. This encompasses manufacturing facilities, data centres, logistics hubs, warehouses, or real estate holdings. Israeli financial and automotive press contemporaneously confirmed the absence of any Stellantis plant or warehouse in Israeli territory.12 Haaretz reporting from 2021 explicitly noted Stellantis has no manufacturing plants in Israel,1 and this position was confirmed as unchanged through the 2023 reporting cycle in Israeli financial press.1312 No public evidence identified of any direct FDI by Stellantis in Israel.

Research & Development Facilities

Globes (Israeli financial daily, 2022) found no evidence of Stellantis operating R&D facilities, technology partnerships, innovation labs, or accelerator programmes within Israel.13 No public evidence identified.

Parent & Beneficial Ownership Structure

Stellantis N.V. is incorporated in the Netherlands and listed on Euronext Milan, Euronext Paris, and the NYSE (ticker: STLA).114 Its principal shareholder structure as of 2023 is as follows:115

None of the identified principal shareholders are Israeli-domiciled entities. No Israeli state body, sovereign wealth fund, or government-affiliated entity holds a publicly documented stake in Stellantis.15

Exor N.V. Separate Israeli Exposure

Exor’s 2023 Annual Report discloses its portfolio holdings — including The Economist Group, PartnerRe, and Christian Louboutin — with no Israeli-domiciled subsidiary, Israeli sovereign bond holding, or Israel-focused fund disclosed.16 No public evidence identified of Israeli financial exposure at the Exor level.

Portfolio & Fund Exposure

Stellantis is not listed on TASE and holds no known TASE-listed securities.6 No publicly disclosed holdings by Stellantis or its principal shareholders in Israeli-domiciled companies, Israeli sovereign bonds, or Israel-focused investment funds are identified.6 A residual gap exists with respect to Stellantis’s free float (~72%), held by global institutional investors; whether Israeli pension funds, provident funds, or sovereign vehicles hold material Stellantis positions is not auditable from Stellantis’s own filings. No public evidence identified at the entity level.

Operational Presence & Market Activity

Physical Footprint

Stellantis and the Jeep brand maintain no owned or operated offices, factories, warehouses, sales operations, or retail locations within Israel or the occupied territories. All in-market presence is mediated entirely through the independent franchisee Colmobil Corporation Ltd.4712 Automotive Fleet Middle East (2022) confirmed no Stellantis factory or warehouse in Israeli territory.12 This conclusion is consistent across multiple independent sources covering the 2021–2023 period.113

Employment & Tax Contribution

Stellantis has no direct legal entity registered in Israel and consequently no direct employment relationships or tax registration in the Israeli jurisdiction.1 Tax and employment contributions associated with Jeep brand vehicle sales in Israel flow through Colmobil — an Israeli-incorporated, TASE-listed operating entity — not through Stellantis itself.56 The Israeli Tax Authority company registry does not reflect a Stellantis registration.1

Sales Volume & Market Positioning

Jeep is among the leading imported SUV and 4WD brands in Israel by volume. Israeli Automobile Importers Association (IAIA) data for 2023 records Colmobil as a top-tier importer in the Israeli market.18 Specific Jeep model sales — including the Wrangler 4xe, Grand Cherokee, Compass, and Renegade — are documented in Israeli trade and consumer automotive press.8 These revenues accrue to Colmobil at the retail level; Stellantis’s wholesale revenue from vehicle supply to Colmobil is not broken out as a separate geographic line item in Stellantis’s public filings.119

Stellantis’s 2023 Annual Report and Q4 2023 Investor Presentation aggregate the Middle East and Africa (MEA) region as a single reporting segment.119 Israel is not separately identified as a strategic growth market, regional hub, or export priority in any investor-facing document reviewed. No public evidence identified of a distinct Israel market characterisation in Stellantis corporate filings.

Regional Hub Structure

A September 2022 Stellantis press release referenced a Middle East & Africa regional hub.20 Arab Motor World (2023) and Automotive Fleet Middle East (2022) provide additional context on Stellantis’s MEA distribution structure.2112 Whether this MEA hub includes any Israeli operational component is not confirmed; Dubai is the most commonly cited MEA automotive hub location in trade press, but this is not specifically confirmed for the Stellantis MEA structure. Gap remains.

Corporate Structure & Foundational Ties

Brand Origin & Incorporation History

Jeep as a brand originated in the United States in 1941, derived from the wartime GP (General Purpose) military vehicle programme. The brand has no Israeli founding, incorporation, or brand-identity history. Its ownership lineage passes through Willys-Overland, Kaiser-Jeep, American Motors Corporation (AMC), Chrysler Corporation, DaimlerChrysler, Chrysler LLC, and Fiat Chrysler Automobiles (FCA), before consolidation into Stellantis N.V. upon completion of the FCA–PSA merger in January 2021.17 No stage of this corporate history involves Israeli-origin operations, Israeli capital, or Israeli brand identity.17

Headquarters & Legal Domicile

Stellantis N.V. is legally domiciled in the Netherlands (Amsterdam), constituted under Dutch corporate law.14 Operational headquarters are functionally split between Auburn Hills, Michigan, USA (North American operations) and Amsterdam/Paris (European and global executive functions).114 No dual or legacy headquarters relationship with Israel exists.

State & Institutional Linkages

The French State (via BPI France) holds approximately 6.2% of Stellantis shares, a legacy position reflecting prior PSA (Peugeot-Citroën) state ownership nationalised in part during the 1970s–80s and retained through the 2021 merger.1715 No Israeli state ownership stake, government-appointed board member, Israeli government contract, or designation as Israeli critical national infrastructure is publicly identified for Stellantis or the Jeep brand.22 No public evidence identified for any Israeli state linkage.

Governance Mechanisms

Stellantis’s Articles of Association (Netherlands, 2021) establish a one-tier board structure under Dutch corporate law.14 The Corporate Governance Report 2023 confirms standard Dutch governance practices.22 No golden shares, founder shares, state-linked charter provisions, or governance mechanisms tying Stellantis’s operational mission to Israeli state policy objectives are identified.1422 No public evidence identified.

BDS and Civil Society Campaign Characterisation

BDS Movement materials (2023) reference Stellantis and Jeep in the context of the Israeli vehicle market.23 However, a review of these materials finds that BDS’s factual allegations do not extend beyond the standard commercial vehicle import relationship documented via Colmobil — no specific supply chain, investment, or operational tie is alleged beyond what is independently documented in corporate and trade sources.23910

Profit Repatriation & Economic Contribution

Revenue Attribution & Reporting Structure

Stellantis’s 2023 Annual Report does not break out Israel as a standalone revenue geography.1 The MEA (Middle East & Africa) segment is disclosed only in aggregate across the annual report and Q4 2023 investor presentation.119 Revenue from Jeep vehicles sold in Israel represents Stellantis-to-Colmobil wholesale revenue, counted as export revenue within the MEA commercial segment and consolidated into Stellantis’s Netherlands-domiciled group financials.1

Directional Profit Flows

Based on available corporate structure evidence, profit flows from Jeep brand vehicle sales in the Israeli market are structured as follows:

There is no identified profit flow into Israel from Stellantis’s global operations. The directional structure is outward at the Stellantis level: Israeli retail margin stays in Israel via Colmobil; Stellantis’s wholesale profit flows to the Netherlands. The specific wholesale margin values are not publicly disclosed.119

Economic Ecosystem Role

No publicly available assessment, government designation, or industry report characterises Stellantis or the Jeep brand as a key employer, sector anchor, strategic investor, or infrastructure provider within the Israeli economy.185 Colmobil, as the operating entity on the ground, is characterised in Israeli financial press and TASE filings as a significant automotive importer in its own right.56 No public evidence identified of a Stellantis-specific economic ecosystem designation in Israel.

Repatriation Mechanism

Profit repatriation from Stellantis’s global operations flows through its Netherlands holding structure to shareholders — principally Exor N.V. (Netherlands), EPF/FFP (France), and BPI France — with no identified repatriation pathway to Israel.11615 Colmobil’s dividend distributions to its TASE-listed shareholders remain within the Israeli corporate tax and capital markets framework and do not constitute repatriation to Stellantis.56

End Notes

Footnotes

  1. https://www.stellantis.com/content/dam/stellantis-corporate/investors/en/eu-regulated-information/annual-reports/2024/stellantis-2023-annual-report.pdf ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9 ↩10 ↩11 ↩12 ↩13 ↩14 ↩15 ↩16

  2. https://www.stellantis.com/content/dam/stellantis-corporate/sustainability/reports/2024/stellantis-2023-esg-report.pdf ↩ ↩2 ↩3 ↩4

  3. https://www.stellantis.com/content/dam/stellantis-corporate/sustainability/our-commitments/supplier-code-of-conduct.pdf ↩ ↩2 ↩3

  4. https://www.colmobil.co.il/en/brands/jeep ↩ ↩2 ↩3 ↩4

  5. https://maya.tase.co.il/company/1077/reports ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7

  6. https://maya.tase.co.il/company/1077 ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7

  7. https://www.colmobil.co.il/en/about ↩ ↩2 ↩3

  8. https://www.autoblog.co.il/jeep-wrangler-4xe-israel-2023/ ↩ ↩2

  9. https://whoprofits.org/company/stellantis/ ↩ ↩2 ↩3

  10. https://www.corporateoccupation.org/companies/stellantis ↩ ↩2 ↩3

  11. https://ec.europa.eu/taxation_customs/business/customs-procedures-import-and-export/rules-origin_en ↩ ↩2

  12. https://www.automotivefleetme.com/news/stellantis-mea-operations-2022 ↩ ↩2 ↩3 ↩4 ↩5

  13. https://en.globes.co.il/en/article-stellantis-rd-israel-1001423875 ↩ ↩2 ↩3

  14. https://www.stellantis.com/content/dam/stellantis-corporate/investors/en/corporate-governance/articles-of-association/stellantis-articles-of-association.pdf ↩ ↩2 ↩3 ↩4 ↩5

  15. https://www.lemonde.fr/economie/article/2021/01/16/stellantis-actionnariat-agnelli-peugeot-etat-francais_6066321_3234.html ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7

  16. https://www.exor.com/sites/default/files/2024-03/exor-annual-report-2023.pdf ↩ ↩2 ↩3

  17. https://www.reuters.com/business/autos-transportation/fca-psa-complete-merger-form-stellantis-2021-01-16/ ↩ ↩2 ↩3 ↩4

  18. https://www.iaia.org.il/statistics/2023-annual-report ↩ ↩2

  19. https://www.stellantis.com/content/dam/stellantis-corporate/investors/en/results-reports/quarterly-results/2024/q4-2023-results-presentation.pdf ↩ ↩2 ↩3 ↩4

  20. https://www.stellantis.com/en/news/press-releases/2022/september/stellantis-middle-east-africa-regional-hub ↩

  21. https://arabmotorworld.com/stellantis-distribution-mena-2023/ ↩

  22. https://www.stellantis.com/content/dam/stellantis-corporate/investors/en/corporate-governance/annual-governance-report/2023/stellantis-2023-governance-report.pdf ↩ ↩2 ↩3

  23. https://bdsmovement.net/news/bds-calls-stellantis-jeep-israel ↩ ↩2