Stellantis, in the third quarter net revenues of 32.6 billion. Car deliveries drop by 600,000 units
There chip crisis and energy price increases they make themselves heard on the car giant led by Carlos Tavares: in the third quarter Stellantis recorded net revenues of € 32.6 billion, down 14% compared to the third quarter of 2020 pro-forma with a better mix of models and positive net prices more than offset by lower volumes.
Consolidated deliveries were 1.11 million units, down 27% compared to the third quarter of 2020 pro-forma, mainly for the loss of approximately 600 thousand units, equal to approximately 30% of planned production in the third quarter of 2021, due to backlog of semiconductors. As of 30 September 2021, the stock of new vehicles was 689 thousand units, including that owned by 148 thousand units.
THE Recent new model launches include DS 4, Jeep Grand Cherokee L, Opel Mokka and Peugeot 308. In September, the Grand Wagoneer and Wagoneer were launched on the market and the new Jeep Grand Cherokee and the first electrified Grand Cherokee 4xe were presented. With regard to the various segments, Stellantis “established itself as the leader of the commercial vehicle market in the EU30 with a share of 32.0 per cent”, reads the data presented.
In the United Statesi the share of the retail market increased by 50 basis points compared to the second quarter of 2021, reaching 11.5 percent. Market leadership in South America, Brazil and Argentina maintained with market shares of 24.4 per cent, 35.6 per cent and 31.0 per cent respectively. Maserati’s market share up 40 percentage points year-on-year to 2.4 percent. Deliveries of the new Maserati MC20 have begun.
With regard to strategic partnerships, the acceleration of the electrification strategy should be noted with the announcement of several strategic partnerships to expand the production capacity of batteries in Europe and North America. Furthermore, the definitive agreement for the acquisition of First Investors Financial Services Group, an important step for the creation of a captive financial services company in the United States, is also relevant.
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