2024 Q3: Stellantis' net revenues decline 27% due to lower shipments, but its key market share rises and plans for 20 new models.

Stellantis, a major automaker, reported a 27% decline in Q3 2024 net revenues due to lower shipments and currency impacts. Despite this, the company continues to thrive in key markets, including the U.S., where its market share rose from 7.2% to 8%. Stellantis plans to launch 20 new models this year, including the Dodge Charger Daytona and Peugeot 3008. It leads in plug-in hybrids in the U.S. and holds a strong position in Europe’s electric vehicle market.

October 31, 2024
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