Stellantis fourth quarter shipments fall 9% y/y
Tweet
Share
E-mail
FILE PHOTO: The logo of Stellantis is seen on the company's building in Velizy-Villacoublay near Paris, France, March 19, 2024. REUTERS/Gonzalo Fuentes/File Photo
ROME (Reuters) - Stellantis' said on Thursday 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 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.
(Reporting by Alvise Armellini, editing by Giulia Segreti)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Dodge, Hemmings Turn SIXPACK-powered Charger Scat Pack Into Pair of 750-horsepower Tire-shredding Drift Machines Debuting at Roadkill Nights
- Analysis-Crypto bill faces long odds after Senate punts vote to September
- Seven Uzbek citizens killed in drone attack on Russia's Tatarstan region, consulate says
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
