Stellantis confirms the constructive begin in 2024 within the European (EU29) whole market gross sales rankings, rising in first quarter by 5.4% in volumes and confirming a market share of 19.2%, up 0.9 factors vs FY23
Stellantis confirms its upward gross sales trajectory all through the preliminary months of 2024. Inside the EU29 area, Stellantis studies a 5.4% improve in volumes (PC+CV) year-on-year for Q1 2024, securing a market share of 19.2%, up 0.9 factors vs FY23. This achievement mirrors the efficiency of the earlier 12 months, regardless of the absence of demand incentives in lots of vital European markets.
In France, Stellantis maintains its main place in gross sales with a mixed PC+CV market share of 32.4% for the primary quarter, marking a 0.3-point improve in comparison with 2023. Registrations additionally surged by +7.3%, additional solidifying Stellantis dominance with a 7.5-point lead over its main competitor. In Italy, Stellantis demonstrates a 4.3% improve in (PC+CV) gross sales in comparison with the earlier 12 months, retaining its place because the market chief. Notably, six Stellantis fashions declare spots within the prime ten, together with the ever-popular FIAT Panda securing the #1 place and the Citroen C3 finishing the rostrum.
In Germany, Stellantis experiences a outstanding 22.7% progress, leading to a market share improve of two share factors to 13.9%. Furthermore, Stellantis accounts for over one-fifth of passenger vehicles and industrial automobiles bought in Spain throughout Q1 2024, closing the quarter with a market share of 20.4% and asserting its management within the Spanish market. Within the UK, Stellantis achieves a 18.7% progress in Q1, with its market share climbing by 1 share level to 14.7%. Important gross sales progress can also be noticed in Portugal and varied different European international locations.
Stellantis Professional One Industrial Autos enterprise unit hold its market management with a share of 30% and a year-over-year quantity improve of +11.1%. This progress extends throughout practically all European international locations, showcasing an unprecedented renewal with Stellantis turning into the primary industrial automobiles producer to supply 12 fashions throughout all segments.
Uwe Hochgeschurtz, Stellantis Chief Working Officer, Enlarged Europe, commented, “The Q1 2024 gross sales figures underscore the constant efficiency of our manufacturers and product lineup in Europe. We owe these outcomes to the unwavering belief of our prospects in our merchandise and types. In 2024, we stay dedicated to sustaining this momentum, with the introduction of a number of thrilling new merchandise all year long to achieve the highest spot”.
Within the BEV market (PC+CV), Stellantis continues to develop, with a 4.5% year-over-year improve and a +8.2% surge throughout the ten main markets, capturing a 14.4% market share in EU29 throughout Q1. Stellantis additionally leads in varied BEV segments, securing podium positions in a number of main European markets. In France, BEV volumes witness double-digit progress (+54%), reaching a outstanding 35.7% market share, up by 7.2 share factors in comparison with the earlier 12 months. Important quantity will increase are additionally noticed within the UK (+9%), Portugal (+5.5%), and Poland (+8.9%).
Hochgeschurtz additional added, “The excellent efficiency in electrical car gross sales in France highlights the potential of this phase when supported by demand incentives. As we attempt to make electrical automobiles accessible to all by way of our Dare Ahead 2030 strategic plan, a collective effort from all stakeholders is important for widespread adoption and sustainable mobility.”
SOURCE: Stellantis
