Stellantis reports 20% drop in global vehicle shipments
Stellantis Reports Shipments Down 20%, With 36% Drop in North America
Key Takeaways Stellantis said Wednesday that worldwide shipments of its vehicles fell by 20% in the third quarter, with a 36% drop in North America.The lower shipments can be partly be attributed to previously announced production cuts and efforts by car dealers to lower their inventories.
Stellantis’ third quarter shipments drop 20% on slower sales in North America
Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024
Stellantis reports 20% drop in shipments, recalls hybrid SUVs over brake issue
Stellantis anticipates a 20% decline in consolidated vehicle shipments for the Q3 of 2024, citing a need to reduce excess inventory.
Stellantis reports 20% drop in global vehicle shipments as automaker faces scrutiny
Stellantis gave an early look at its third-quarter shipments. North America, Europe and Asia were down but at least South America was up.
Stellantis Shipments Drop 20% as CEO Works to Trim Inventories
Stellantis NV’s global vehicle shipments slumped by a fifth in the third quarter as the automaker tries to trim its bloated inventories.
Stellantis expects Q3 shipments to fall by a fifth in effort to cut inventories
Stellantis expects a 20% drop in third-quarter consolidated vehicle shipments, the carmaker said on Wednesday amid a declining business performance which led it last month to cut profit and cash-flow forecasts for the full-year.
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