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Stellantis ( (IT:STLAM) ) has issued an announcement.
Stellantis reported a 9% year-on-year decline in Q4 2024 shipments, an improvement from a 20% decline in Q3, due to successful inventory reduction initiatives and new product launches in Europe. In North America, shipments dropped by 28% due to inventory reductions, while European shipments improved with the launch of new products. Shipments in South America increased by 12%, and the Middle East & Africa remained stable. These changes are positioning Stellantis to better support the arrival of new products in 2025.
More about Stellantis
Stellantis N.V. is one of the world’s leading automakers, known for its portfolio of iconic and innovative brands such as Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move, and Leasys. The company aims to provide clean, safe, and affordable mobility and is executing its Dare Forward 2030 strategic plan to become a carbon net zero mobility tech company by 2038.
YTD Price Performance: -0.23%
Average Trading Volume: 8,532,289
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $36.91B
For detailed information about STLAM stock, go to TipRanks’ Stock Analysis page.
