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Stellantis Q4 Shipments Fall 9 Year on year

Stellantis Q4 Shipments Fall 9% Year-on-Year

ROME – On Thursday, Stellantis’ (NYSE: STLA) said its fourth-quarter shipments were down 9% compared to the previous year, to 1.395 million vehicles.

In the final three months of 2024, shipments were down 28% in North America, fell 6% in the Enlarged Europe area, and up 12% in South America, it added in a statement.

Stellantis, currently focused on reducing bloated inventories, said numbers were an improvement compared to the third quarter, when global shipments were down 20% year-on-year.