After the first months of 2024 were over, many companies around the world shared their first quarter financials. Among them were auto giants. Now it includes many brands, from Opel to Peugeot, from Fiat to Citroen. from Stellantis explanation came.

Stellantis shared how many vehicles it sold and how much revenue it earned in the first quarter. The data showed that both shipments and revenues fell.

41 billion euros in revenue was generated

According to the statement, Stellantis will be launched in the first three months of 2024. 41.7 billion euros managed to generate revenue. This means that sales will be lower compared to the first quarter of 2023. about 12% It means it is decreasing. It was also below analyst expectations of 42.6 billion euros.

Stellantis’ consolidated deliveries compared to the same period last year 1 million 335 thousand with a decrease of 10% was also one of the statements. Mixed shipments amounted to 1 million 371 units in the first three months. It was reported that electric car sales increased by 8%. Although sales to customers did not change, growth was reported in some regions. Accordingly, growth of 23% was observed in the Middle East and Africa and 6% in Europe.

The company announced its full-year plans in the first quarter of 2024. from 25 models He stated that he had introduced four (18 of which were electric). He added that it will introduce more vehicles in the second half of the year and therefore expects significant growth and profitability. It was also indicated that the decrease in shipments was due to preparations for the new wave of products planned for the remainder of 2024.