Stellantis Market Share Grows in the European Electrified Markets
London, 13 May 2024, (Oilandgaspress): –Stellantis remains resolute in its commitment to performance and customer satisfaction. Within the EU29 perimeter, Stellantis reports a 4.4% increase in volumes (PC+CV) year-on-year in the first four months of 2024, securing a market share of 18.8%, up 0.5 points vs FY23.
Stellantis dominates the French market across all segments year-to-date, including BEVs, with a strong 39.7% market share in CVs in April. The Peugeot 208 remains top selling followed by the 2008, and the Peugeot brand leads in PC+CV and PC electric vehicle markets, and four Stellantis cars are among the top 10. In Italy, Stellantis reports a 3.2% increase in PC+CV sales compared to the previous year, retaining its position as the market leader with 33.9% market share. Notably, five Stellantis models claim spots in the top ten, including the ever-popular FIAT Panda securing the #1 position and the Citroën C3 completing the podium, followed by the Lancia Ypsilon.
In Germany, Stellantis experiences a good April with remarkable 17.7% growth, bringing YTD sales to customers up 21.6%. Strong performance also in the commercial vehicles business, with sales and market share growing both in April and in the YTD. Moreover, Stellantis keeps competing for the top spot in Spain and, with over 15% sales growth in April, confirms an YTD performance of 20% market share. In the UK, Stellantis achieves an 8.3% growth (January-April) and a market share of 14.2%, with Jeep®, Peugeot and Vauxhall strong performances in the PC and CV markets. Significant sales growth is also observed in Portugal – where Stellantis is market leader – and in various other European countries.
Stellantis Pro One Commercial Vehicles business unit keep its market leadership on a YTD basis with a share of nearly 30% and a year-over-year volume increase of 11%. This performance extends across Europe, showcasing steady growth in almost all countries and an outstanding April triple-digit sales growth in Portugal (+101%).
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