Stellantis has delivered 12% fewer vehicles in 2024

On Thursday, the car manufacturing group Stellantis announced that it delivered 12% fewer vehicles in 2024. This was mainly caused by a 25% decline in shipments in North America.

In the last quarter of 2024, Stellantis shipped 9% fewer vehicles to its dealers, distributors, or directly to clients. In the third quarter, the figure was a whopping -20%.

Q4 is better already

In the last three months of 2024, Stellantis delivered 1,395,000 vehicles in total to its network, ” a volume that is gradually fitting in again with our sales volume, receding 5% in the same period,” says the press release. “This is also due to the initiatives reducing the stock in the U.S. and the launch of several new generation models in Europe.”

In North America, invoices in Q4 decreased by 115,000 units compared to 2023 (-28%), while sales only regressed by 5%. The reason is all the initiatives taken to reduce a considerable stockpile at the dealers all over the North American continent.

Looking into wat Stellantis calls ‘Enlarged Europe’, invoices dropped by 6% in Q4 compared to last year, “which is already a serious reduction compared to the 17% reduction in Q3,” outliens Stellantis.

Trying to reverse course

According to Stellantis, “The first European launches of the new wave of models are promising, with more than 90,000 orders for the Citroën C3/ëC3 and over 140,000 orders for the Peugeot 3008, 5008 and Opel Grandland combined, all on the same platform.

In other parts of the world, Stellantis noted 12% more invoices in South America and ‘stability’ in the Middle East and Africa, “which compensates largely the decline in shipments toward China, India, and Asia Pacific,” the press release commented.

Right now, Stellantis is having a difficult time after scoring profit records in the years before 2024, from its creation as a group in 2021 up to 2023. Several reasons can be mentioned here: the products on the American market (a cash cow until recently) are prone to more competition, and the sales of electrified vehicles (and especially EVs) are stagnating in Europe as the company had to wait for more affordable models to come in just now.

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