Stellantis Reports Q1 2024 Net Revenues and Shipments Reflecting New Product Transition
STLAStellantis(STLA) Newsfilter·2024-04-30 14:03

Stellantis Reports Q1 2024 Net Revenues and Shipments Reflecting New Product Transition Net revenues of €41.7 billion, down 12% compared to Q1 2023 primarily due to volume, mix and foreign exchange headwinds, partly offset by firm net pricing Consolidated shipments(1) of 1,335 thousand units, down 10%, reflecting production actions and inventory management to prepare for new product wave in H2 2024 compared with strong shipments in Q1 2023 to build inventory following a prolonged period of supply constraint ...