Stellantis Q1 Performance: Revenue Declines and New Products
Stellantis has announced its net revenue and delivery results for the first quarter of the year. During this period, the company's net revenue is expected to decrease by 2024% compared to the same period in 14. 35,8 billion euros This revenue decline was due to lower volumes, unfavorable regional product mix and normalization of prices.
Consolidated Deliveries Decline
The company's consolidated deliveries fell 9% 1 million 217 bin This decrease in deliveries was affected by the extended production outage due to the holiday in January and the lower production in North America. It was also due to product changes in the expanding European market and lower HTA volumes also appear to contribute to this situation.
Launching New Products
As part of its business recovery measures, Stellantis 2025 launched three new products planned for: new Fiat Grande Panda, Opel/Vauxhall Frontera ve Citroen C3 Aircross. Also, renewed Opel/Vauxhall Mokka, Ram 2500 HD ve Ram 3500 HD These new products are expected to play an important role in the company's goal of increasing its market share.
Increase in Market Share
Stellantis’ first quarter market share was determined as 17,3%. This rate is particularly Citroen C3/ëC3, Peugeot 5008 and will be available on the market by the end of 2024 Opel/Vauxhall Grandland compared to the fourth quarter of last year due to the increase in production of the model 1,9 points increased. In addition, Stellantis managed to become the market leader in the hybrid segment in the first quarter of the year, BEV It ranked second in the market with 15,5% and 13% market shares, respectively.
US Market Developments
US retail market share, Jeep Grand Cherokee ve Compass Ram 1500 ve 2500 models have stabilized with a year-on-year increase of more than 10% in retail sales. This increase was made possible by the increase in equipment levels of some light-duty truck models and the successful launch of redesigned heavy-duty trucks. In addition, increased sales and marketing efforts are expected to further develop in this area.
New Orders Increase in March
In March, new retail orders increased by 82% compared to the same month last year June 2023This reached its highest level since . This situation is considered as an indicator of the steps taken by Stellantis to strengthen its market position.
Success in the South American Market
In South America, Stellantis continues to maintain its leading position with a market share of 23,8%. This rate, which is up 2024 points compared to the fourth quarter of 1,5, is the result of the company’s efforts to increase its activity in the region. In order to respond to the tariff measures, Stellantis works closely with the relevant administrations to protect the company and ensure the sound implementation of policies.
Improving Production and Supply Processes
The management is taking measures to adjust production plans and improve supply processes. As of March 31, the company's total 1 million 210 bin The new vehicle inventory appears largely consistent with December 31, 2024. This is an important factor that will support the company's future growth strategies.
Dividend and Chief Executive Officer Appointment Process
Per share 0,68 Euros The ordinary dividend will be distributed tomorrow after approval at the AGM. In addition, the appointment of Stellantis' new permanent Chief Executive Officer is also progressing rapidly. This process is expected to be completed in the first half of the year.
