Stellantis Sales Up in EU for First Half of 2024

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Stellantis (NYSE: STLA) said today that it posted a 0.9% increase in  passenger car and commercial vehicle volumes (PC, CV) in the so-called EU29 markets during the first half of 2024, at an 18.2% market share (footnote 1 below). Citroën, Dodge, Jeep® and Lancia brands increased sales versus last year. The company is Number One in France, Italy and Portugal year-to-date (YTD).

“We will sustain our growth by seizing opportunities and managing disruptions,” said Uwe Hochgeschurtz, Stellantis Chief Operating Officer, Enlarged Europe. “With our solid market position, strategic partnerships, and robust product lineup, we enter the year’s second half with strong momentum. We’re excited for the coming months, driven by our team’s fighting spirit and exciting new products – as planned this year in our Dare Forward 2030 strategic plan – to continue growing in Europe.”

In France, Stellantis held a more than 30% market share, with four models – Peugeot 208, 308, 2008, and Citroën C3 – in the top ten. Italy saw sales increase by 1%, at a 33% market share with five models in the top ten in June – Fiat Panda, Citroën C3, Lancia Ypsilon, Fiat 500 and Jeep Avenger, the best selling SUV in Italy. In Germany, sales increased by ~24%, with almost all brands recording double-digit growth versus last year and bringing market share to 14%. Bulgaria, Croatia, Czech Republic, Denmark, Ireland, and Slovenia all recorded double-digit sales growth, as well.**

Stellantis reported growth in the LEV market with a variety of new BEV, PHEV and MHEV models. BEV captured a 13.3% ytd share in the EU29 . In France, volumes grew by more than 48%, with Peugeot E-208 being best selling EV car in the semester. In June, BEV sales grew by 19% in Italy, supported by government incentives and by 16% in the UK, with market share up 1.1 points compared to last year.

Stellantis’ Pre-Owned Vehicle operation has achieved “substantial growth in the past six months, with G10 markets including France, Germany, Italy, the Netherlands and Spain showing a solid double-digit sales increase compared to last year,” Stellantis said.

** AutoInformed on: Tilt! Stellantis Now Favoring Hybrids in Europe 

Inevitable Stellantis Footnotes
1 – BEV market preliminary figures. Data based on internal and third-party public sources