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Stellantis' new chief operating officer broke down the company's shipments and revenues in the third quarter, which were down from 2023.
For its third quarter, Stellantis posted 27% plunge in net revenues, ... All regions except South America reported double-digit dips in revenues — led by North America, which plunged 42% to 12.4 ...
The carmaker reported net revenues of 33 billion euros (nearly $36 billion ) in the three-month period ending Sept. 30, down from 45 billion euros in the same period a year earlier. All regions except South America reported double-digit dips in revenues — led by North America, which plunged 42% to 12.4 billion euros.
Stellantis reported Q3 revenue of 33 billion euros ($35.8 billion), versus estimates of 35.94 billion euros ($39.1 billion), as compiled by Bloomberg. The company said revenues slipped 27% ...
Stellantis Reports Lower Q3 2024 Net Revenues Amid Transitional Period of Product Upgrades and Inventory Reduction; Confirms Full-Year Guidance. Net revenues of €33.0 billion, down 27% compared to Q3 2023, primarily due to lower shipments and unfavorable mix as well as pricing and foreign exchange impacts
Stellantis' North American revenues, accounting for nearly half of the carmaker’s total, dropped 5.6% in the second half of the year to 40.5 billion euros from 43 billion euros on lower ...
Stellantis planned to develop four EV platforms by the end of the 2020s. [34] [35] Overall, the company announced more than €30bn would be invested by the end of 2021. [36] In the third quarter of 2021, Stellantis sales of new vehicles dropped due to issues related to the supply chain shortage of
Stellantis reported better-than-expected revenue for the July-September period, up 7% on the same quarter in 2022 at €45.1 billion ($48 billion). It shipped more than 1.4 million vehicles in the ...