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Stellantis Projects 9% Shipment Decline For Q4 Amid US Inventory Cuts - Stellantis (NYSE:STLA)

Summary by Benzinga

Stellantis expects 9% decline in global shipments for Q4 2024, aligned with ~5% sales drop; strong demand for new models.

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Origo

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Stellantis had a terrible year, but it was able to enjoy a significant drop in sales

Franco-Italian automaker Stellantis sold 1.395 million vehicles in the last three months of 2024, nine percent less than a year earlier.

6 months ago·Budapest, Hungary

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ANSA

Center

Stellantis shipments down 9% in 4th quarter of 2024

Stellantis said Thursday that its consolidated worldwide shipments for the fourth quarter of 2024 amounted to 1,395,000, a 9% decline with respect to the same period in 2023. (ANSA)

6 months ago·Italy

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Devdiscourse

Center

Stellantis Sees Shipment Shrinkage in Final Quarter

Stellantis Sees Shipment Shrinkage in Final Quarter Stellantis announced on Thursday that its vehicle shipments fell by 9% in the fourth quarter compared to last year, totaling 1.395 million units.The company experienced a 28% decline in North America and a 6% drop in the Enlarged Europe region, while South America saw a 12% increase.Despite these declines, Stellantis emphasized this as progress from the third quarter, during which global shipme…

6 months ago·India

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Benzinga

Center

Stellantis Projects 9% Shipment Decline For Q4 Amid US Inventory Cuts - Stellantis (NYSE:STLA)

Stellantis expects 9% decline in global shipments for Q4 2024, aligned with ~5% sales drop; strong demand for new models.

6 months ago·New York, United States

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Expansión

Stellantis and CATL launch the project of the gigafactory of 4.1 billion Zaragoza

The joint project of the car group Stellantis with its Chinese partner CATL in Figueruelas (Zaragoza) is taking its first steps, after that at the end of the year...

6 months ago

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vz.lt

Stellantis' year: sold 12% fewer cars last year, but is optimistic about the future

The US and European automotive giant Stellantis, which unites the manufacturers of Jeep, Fiat, Citroen, and Peugeot, reported that it sold 12% fewer cars last year than the previous year, and demand for them in the main North American market fell by a quarter.

6 months ago

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