Stellantis Projects 9% Shipment Decline For Q4
Stellantis Projects 9% Shipment Decline For Q4 Amid US Inventory Cuts
Stellantis N.V. (NYSE:STLA) disclosed that it expects global total shipments to decline 9% year-over-year to around 1.395 million units for the fourth quarter of 2024. The decrease aligned with a ~5% drop in underlying sales performance.
The automaker said its inventory reduction efforts worked, with an 80,000-vehicle drop in the U.S. over the fourth quarter.
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Stellantis reported its global deliveries fell by 9% to 1.395M vehicles during Q4 2024 amid inventory reduction initiatives ...
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Stellantis' said on Thursday its fourth quarter shipments were down 9% compared to the previous year, to 1.395 million ...
Key Takeaways Stellantis' fourth-quarter shipments slumped as the carmaker reduced the number of vehicles it had in its U.S.
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