North America continues to drive Stellantis profits
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North America continues to drive Stellantis profits
Stellantis reported net revenues of around €36 billion, down 14% from Q1 2024 (€42 billion) but still respectable and positive. Shipments were down to 1.2 million, a drop of 9%, which the company blamed on product transitions, lower commercial van sales in Europe, extended holiday downtime, and lower North American production. The company had 1.2 ...
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