Stellantis Reports Strong Year-to-Date Performance in the Electrified Markets
London, 12 March 2024, (Oilandgaspress): – Stellantis confirms the positive sales trend that saw it grow throughout 2023 and last January. In the EU29 perimeter, Stellantis records in February a 12.1% increase in volumes (PC+CV) year-on-year, corresponding to a market share of 20.3%, up 0.3 p.p. compared to one year ago and 0.6 p.p. versus January this year, bringing year-to-date share to 20%.
Portugal stands out, with a notable 29.4% rise in sales as do France, Germany and Italy growing also in market share compared to last year. In France, leveraging on the success of the social leasing national campaign, Stellantis is market leader and grows 18.5%, 5 points higher than the market trend. In Italy, Stellantis is up 15.6% (PC+CV) compared to last year and confirms its role of market leader as well: 6 of its models are in the top ten, including the timeless FIAT Panda in the #1 spot. In Germany, Stellantis grows 13.6%, with market share up by 0.7 p.p. to 13.2%. Significant sales growth is recorded also in the Austria, Poland, Portugal, Spain – in Iberia Stellantis is market leader in February and year-to-date – UK and in other European countries.
Stellantis Pro One Commercial Vehicles business unit, offering a wide range of versatile professional vehicles across all energies, consolidates a market share of over 30%, with a +15.9% of volume year-over-year, with significant growth in almost all European countries.
In the BEV market (PC+CV), Stellantis keeps growing, with a 7% increase year-over-year, seizing a 14.7% market share in Europe and leading in various BEV segments, showing a steady progression compared to Q4 2023 and January 2024 and giving Stellantis the podium place in several major European markets. In France, BEV volumes are increasing with double-digit growth (+76%), performing a stunning 37.1% market share, +9.2 p.p. vs last year and +4.2 p.p. than the total all-energies market share (32.9%)
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