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Stellantis Advances Technologies, Achieves Commercial Successes In Transition to Next-Generation Products in Key Global Markets

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Stellantis reports significant commercial achievements across global markets, leading sales in seven countries and maintaining top-three positions in several European markets. The company's U.S. market share increased from 7.2% to 8% between July and September 2024, while successfully reducing dealer inventory by over 80,000 units. FIAT leads in South America with 14.5% market share, while the Fiat 500e dominates European A-segment BEVs with 45% market share. The company is launching approximately 20 new products in 2024, including vehicles built on new STLA platforms, and maintains strong performance in commercial vehicles, leading both European and South American markets.

Stellantis riporta notevoli successi commerciali a livello globale, guidando le vendite in sette paesi e mantenendo posizioni tra le prime tre in diversi mercati europei. La quota di mercato dell'azienda negli Stati Uniti è aumentata dal 7,2% all'8% tra luglio e settembre 2024, riducendo con successo l'inventario dei concessionari di oltre 80.000 unità. FIAT è al primo posto in Sud America con una quota di mercato del 14,5%, mentre la Fiat 500e domina il segmento A dei BEV europei con una quota di mercato del 45%. L'azienda sta lanciando circa 20 nuovi prodotti nel 2024, tra cui veicoli costruiti su nuove piattaforme STLA, e mantiene forti performance nei veicoli commerciali, guidando sia i mercati europei che quelli sudamericani.

Stellantis informa sobre importantes logros comerciales en mercados globales, liderando ventas en siete países y manteniendo posiciones entre los tres primeros en varios mercados europeos. La participación de mercado de la compañía en EE. UU. aumentó del 7,2% al 8% entre julio y septiembre de 2024, mientras que se redujo con éxito el inventario de concesionarios en más de 80,000 unidades. FIAT lidera en América del Sur con un 14,5% de participación de mercado, mientras que el Fiat 500e domina el segmento A de BEV europeos con una participación de mercado del 45%. La empresa lanzará aproximadamente 20 nuevos productos en 2024, incluidos vehículos construidos sobre las nuevas plataformas STLA, y mantiene un fuerte rendimiento en vehículos comerciales, liderando tanto los mercados europeos como los sudamericanos.

스텔란티스는 글로벌 시장에서 중요한 상업적 성과를 보고하며, 7개 국가에서 판매를 이끌고 여러 유럽 시장에서 상위 3위 안팎을 유지하고 있습니다. 회사의 미국 시장 점유율은 2024년 7월에서 9월 사이에 7.2%에서 8%로 증가했으며, 딜러 재고를 80,000대 이상 줄였습니다. 피아트는 남미에서 14.5%의 시장 점유율을 가져가고 있으며, 피아트 500e는 유럽 A세그먼트 BEV에서 45%의 시장 점유율로 우위를 점하고 있습니다. 이 회사는 2024년에 약 20개의 신제품을 출시할 예정이며, 새로운 STLA 플랫폼으로 구축된 차량도 포함되어 있으며, 상업용 차량에서 강력한 성과를 유지하며 유럽과 남미 시장을 모두 이끌고 있습니다.

Stellantis fait état de réalisations commerciales significatives sur les marchés mondiaux, en tête des ventes dans sept pays et en maintenant des positions parmi les trois premiers sur plusieurs marchés européens. La part de marché de l'entreprise aux États-Unis est passée de 7,2 % à 8 % entre juillet et septembre 2024, tout en réduisant avec succès l'inventaire des concessionnaires de plus de 80 000 unités. FIAT est leader en Amérique du Sud avec une part de marché de 14,5 %, tandis que la Fiat 500e domine le segment A des BEV européens avec une part de marché de 45 %. L'entreprise lancera environ 20 nouveaux produits en 2024, y compris des véhicules construits sur de nouvelles plateformes STLA, et continue d'afficher de solides performances dans les véhicules commerciaux, dominant à la fois les marchés européens et sud-américains.

Stellantis berichtet von bedeutenden kommerziellen Erfolgen auf globalen Märkten, führt die Verkaufszahlen in sieben Ländern und hält in mehreren europäischen Märkten die Top-Drei-Positionen. Der Marktanteil des Unternehmens in den USA stieg zwischen Juli und September 2024 von 7,2% auf 8%, während der Händlerbestand erfolgreich um über 80.000 Einheiten reduziert wurde. FIAT führt in Südamerika mit einem Marktanteil von 14,5%, während der Fiat 500e im europäischen A-Segment der BEVs mit 45% Marktanteil dominiert. Das Unternehmen plant, im Jahr 2024 etwa 20 neue Produkte einzuführen, darunter Fahrzeuge, die auf neuen STLA-Plattformen basieren, und erzielt weiterhin starke Leistungen im Bereich Nutzfahrzeuge, wo es sowohl in Europa als auch in Südamerika führend ist.

Positive
  • Market leadership in 7 countries and top-3 position in key European markets
  • U.S. market share growth from 7.2% to 8% (July to September 2024)
  • Ram Light Duty retail U.S. sales increased 11% Q3 2024 over Q2 2024
  • Strong order numbers: 75,000 for Peugeot 3008, 50,000 for Citroën C3
  • 45% market share in European A-segment BEVs with Fiat 500e
  • 29% market share in European commercial vehicles
Negative
  • Significant dealer inventory reduction of 80,000 units indicates potential oversupply issues

Insights

The Q3 commercial highlights reveal significant market share gains and operational improvements for Stellantis. The company's U.S. market share increase from 7.2% to 8% and successful inventory reduction of 80,000 units demonstrate effective operational management. Particularly noteworthy is Stellantis' dominance in key markets, leading in 7 countries and maintaining top-3 positions in major European markets.

The company's electric vehicle strategy shows promise, with the Fiat 500e commanding 45% of the A-segment BEV market. The commercial vehicle segment remains strong, with Pro One holding 32.8% BEV share in Europe. The successful launch of new platforms and models, including 75,000 orders for the Peugeot 3008, indicates strong product momentum and effective market positioning.

The product transition strategy demonstrates strong execution across multiple segments. The rollout of STLA platforms marks a important technological advancement, enabling flexible multi-energy vehicle production. The successful launch of new models and strong order books, particularly in the electric segment, indicate effective market adaptation.

The inventory management in the U.S. market is particularly impressive, with the reduction target being reached ahead of schedule. This suggests improved operational efficiency and better alignment with market demand. The 45% market share in U.S. plug-in hybrids across four models shows successful positioning in the electrification transition phase.

Stellantis Advances Technologies, Achieves Commercial Successes In Transition to Next-Generation Products in Key Global Markets

  • Stellantis is the top-selling automaker in France, Italy, Brazil, Portugal, Turkey, Algeria and Argentina year-to-date through September; Stellantis is in the top three in Germany, Spain and United Kingdom
  • Stellantis U.S. market share grew from 7.2% in July to 8% in September; U.S. brands continue to show strong sales momentum
  • U.S. dealer inventory level was reduced by over 80 thousand units at October 30, 2024, from June 30, 2024, and is on track to reach our previously communicated 100 thousand unit reduction target ahead of schedule
  • FIAT is the leader in South America with 14.5% market share and the No. 1 selling brand in Brazil, Italy, Turkey and Algeria
  • The Fiat 500e is the European leader in A-segment BEVs with a 45% market share; the Peugeot E-208 is the leader in B-segment BEVs in Europe
  • Stellantis Pro One holds the No. 1 position in commercial vehicles in Europe and South America; remains in top spot in European BEV share with 32.8%

AMSTERDAM, October 31, 2024 – In the midst of this extraordinary transition year, Stellantis’ stable of 14 iconic brands continues to cultivate their customer-focused products and mobility technologies, achieving key milestones as customers continue to choose Stellantis products around the world.

The heart of the Company’s transformation is its ongoing global blitz of introductions based on new platforms, with approximately 20 new products expected this year.

New Multi-energy, Flexible Platforms Hitting the Roads

The lineup of 2024 launches includes the first products built on the new, multi-energy STLA platforms:

  • The Peugeot 3008 and 5008 available now, and Opel Grandland (coming soon!) on STLA Medium
  • The Dodge Charger Daytona and Jeep Wagoneer S to launch soon on the STLA Large platform
  • The Citroën C3 Aircross and Basalt, Opel Frontera and Fiat Grande Panda based on the Smart Car platform

The Company will soon announce details of STLA Frame, the third of four all-new multi-energy platforms revealed during EV Day in 2021.

Product Blitz Ongoing: Successful and Upcoming Launches

Several new products have already reached the streets this year or are available to order, including:

  • Ram Light Duty retail U.S. sales increased 11% Q3 2024 over Q2 2024 with the new 2025 Ram 1500 sales up 66% for the same period.
  • The all-new Peugeot 3008 is off to a strong start with approximately 75,000 orders at a 25% BEV mix.
  • Orders for the all-new Citroën C3 with a new Hybrid version, which began shipping in September, totaled more than 50,000 with the ë-C3 version reaching more than 25,000 orders. The brand also introduced Basalt in India and South America.
  • The all-new Junior brings Alfa Romeo sportiness and best-in-class driving dynamics back into the hotly contested B-segment in the European market and is offered with the widest powertrain line-up in its category to meet all customer requirements. Junior already has more than 10,000 orders.
  • Stellantis’ renewed Pro One van lineup from Citroën, FIAT Professional, Opel, Peugeot and Vauxhall is on the road with 12 models across all segments with second-generation electrification (battery-electric and fuel cell-electric vehicles) and full connectivity for vans and pickups.
  • Leapmotor International, the Stellantis-led joint venture with Leapmotor, distributed the first 1,200 Leapmotor T03 (A-segment) and C10 (D-SUV) to dealers across Europe. The all-electric offer expands in 2025 with the introduction of the B10, its first global C-SUV, and introduction of range-extended EV technology on C10.

Commercial Highlights Driving Transitional Year

  • Stellantis is No. 1 selling automaker in France, Italy, Brazil, Portugal, Turkey, Algeria and Argentina year-to-date through September. Stellantis is in the top three in Germany, Spain and United Kingdom.
  • Stellantis U.S. market share grew from 7.2% in July to 8% in September; U.S. brands continue to show strong sales momentum.
  • U.S. dealer inventory level was reduced by over 80 thousand units at October 30, 2024, from June 30, 2024, and is on track to reach our previously communicated 100 thousand unit reduction target by November 30, 2024.
  • Stellantis brands continue their domination of the plug-in hybrid category in the U.S. with the Jeep Wrangler 4xe, Jeep Grand Cherokee 4xe, Chrysler Pacifica Hybrid and Dodge Hornet R/T holding four of the top five spots for best-selling plug-in hybrids, representing 45% of market share on PHEV through August 2024.
  • Stellantis Pro One is the light commercial vehicle leader in Europe through the first three quarters of 2024 with a share of 29%, leading in France, Italy, Spain and Portugal, and in South America with more than 32% share. In BEVs, Pro One holds the top spot in European BEV share with 32.8%.
  • Jeep sales in Europe topped 100,000 units this year through September, a 3.5% year-over-year increase. In Q3, Wagoneer sales rose 79% year-to-date. Avenger is the best-selling SUV in Italy (4.5% share) and third in France and Netherlands year-to-date August.
  • The Fiat 500e is the leader in A-segment BEVs with a 45% market share; the Peugeot e-208 is the leader in B-segment BEVs.
  • The Fiat Panda is the most sold car in the A-segment in Europe, with sales surpassing 100,000 units in 2024.
  • The Jeep Commander has been best-selling seven-seater SUV in Brazil since 2021. Sales of Jeep Renegade, Jeep Compass and Jeep Commander models, all produced in country, have now reached 1 million.

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About Stellantis

Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world’s leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It’s best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions, while creating added value for all stakeholders. For more information, visit www.stellantis.com.

@StellantisStellantisStellantisStellantis
 

For more information, contact:

Fernão SILVEIRA +31 6 43 25 43 41 – fernao.silveira@stellantis.com

Nathalie ROUSSEL +33 6 87 77 41 82 – nathalie.roussel@stellantis.com

communications@stellantis.com
www.stellantis.com
 

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FAQ

What is Stellantis (STLA) market share in the United States as of September 2024?

Stellantis (STLA) achieved an 8% market share in the United States as of September 2024, increasing from 7.2% in July 2024.

How many orders has the new Peugeot 3008 received in 2024?

The new Peugeot 3008 has received approximately 75,000 orders, with 25% being BEV (Battery Electric Vehicle) versions.

What is Stellantis (STLA) market share for commercial vehicles in Europe?

Stellantis Pro One leads the European commercial vehicle market with a 29% share through the first three quarters of 2024, including a 32.8% share in BEVs.

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