Stellantis Q1 Shipments Decline 9%, but Gains in South America and EU Offer Relief

Stellantis N.V. (NYSE:STLA) shares are trading lower on Friday after the company disclosed that shipments declined 9% year-over-year to around 1.2 million units in the quarter.

The decline is due to lower production in North America on extended holiday downtime in January and in Enlarged Europe due to product transitions and lower volumes of light commercial vehicles (LCVs).

Despite this, the first quarter of 2025 saw commercial progress with the introduction of several new and updated models, including the Citroën C3 Aircross, Opel Frontera, Fiat Grande Panda, and Ram 2500 and 3500 heavy-duty trucks.

These launches ...

https://www.benzinga.com/news/earnings/25/04/44763932/stellantis-q1-shipments-decline-9-but-gains-in-south-america-and-eu-offer-relief