Stellantis Q1 Revenues, Shipments Drop – Transition or Trend?

Stellantis Q1 2024 Financial Results unaudited – courtesy of and copyright Stellantis 30 April 2024

Ken Zino of AutoInformed.com on Stellantis Q1 2024 Net Revenues, Shipments Drop – Transition or Trend?

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Stellantis reiterated a minimum commitment of double-digit Adjusted Operating Income (AOI) margin in 2024, as well as positive Industrial free cash flow, despite macroeconomic uncertainties. Stellantis claimed that it is on track to deliver total capital returns in 2024 more than €7.7 billion, for an 11% yield as a percentage of Stellantis market capitalization on 1 January 2024. It is likely that its value will go down in the short term. The company, in AutoInformed’s view is in a transition that requires the balancing of market share, product cost, revenue and development of new offerings. It is not alone among automakers, and like Ford Motor it has its challenges. They are not alone.

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