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    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

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    Janet Truncale and Ajay Anand inaugurate ey.ai Center of Reimagination

    EY GDS Launches ey.ai Center for Reimagination in Bengaluru.

    Airbus and SkyFall form strategic alliance to advance European and Ukrainian defence innovation

    GSK enters agreement to acquire Nuvalent, Inc.

    Telenor receives approval to acquire GlobalConnect’s consumer business in Norway.

    NYB.AI Featured in NVIDIA GTC Taiwan 2026 Opening Showcase, Marking Milestone in AI-Driven Drug Discovery Collaboration.

    Blackstone-backed AirTrunk plans to invest US$30bn and +5GW in India.

  • National
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    | Manufacturing and Employment-Oriented Industries Have Received Unprecedented Impetus Under Prime Minister Modi: H.D. Kumaraswamy.

    CM D.K. Shivakumar requests Union Home Minister to help improve security infrastructure and police capacity in Karnataka state.

    ECI holds One-day conference for Media and Communication Officers.

    Steps Taken to Conduct Special Intensive Revision of Electoral Rolls Effectively: G. Jagadeesh.

    If magazines do not submit annual report by June 30, a fine of Rs. 10,000/- will be imposed. All publishers should immediately submit reports through the Press Service Portal to avoid fines.

    PM chairs 11th Governing Council Meeting of NITI Aayog.

  • Business

    EY GDS Launches ey.ai Center for Reimagination in Bengaluru.

    Airbus and SkyFall form strategic alliance to advance European and Ukrainian defence innovation

    Reliance and Meta to Develop AI-Enabled Data Centre in Jamnagar, Gujarat.

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    NYB.AI Featured in NVIDIA GTC Taiwan 2026 Opening Showcase, Marking Milestone in AI-Driven Drug Discovery Collaboration.

    Narayana Health City Performs India’s First Pulsed Field Ablation for Advanced Treatment of Atrial Fibrillation.

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

    Ramaiah Group and University at Albany Launch RISM, India’s First Greenfield Deemed-to-be University Focused on STEM and Management.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    Disney and Philips bring together beloved storytelling and innovative technology to support kids undergoing MRI exams

  • Technology
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    • Environment
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    SAP Labs India Unveils 2026 Startup Studio Cohort Focused on Enterprise AI and Deep-Tech Innovation.

    Cisco Unveils Agentic Platform for Operating and Defending Critical IT Infrastructure.

    IIMC launches AI academy in Media & Entertainment to build future-ready AI capabilities in Indian Media

    IBM and Red Hat Commit $5 Billion to Redefine the Future of Open Source in the AI Era.

    FAO outlines urgent measures and policy recommendations to avert severe crisis within six to 12 months

    IBM and U.S. Department of Commerce Announce America’s First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award .

  • Auto

    Flex Fuel Vehicles offer India a practical solution to reduce crude oil imports, provide additional income to Indian farmers, and advance low-carbon mobility: Sh. Hardeep Singh Puri

    Audi announces third generation of the Q7.

    MG MAJESTOR 4X2 Automatic Top Trim Launched at INR 40.99 Lakhs(ex-showroom price)

    Honda launches the New Honda City and marks India Debut of its Global Sporty Hybrid SUV All New ZR-V e:HEV.

  • Sports

    Kalyani Bengaluru Blasters Set to Ignite Maharaja Trophy KSCA T20 2026*

    NR Group Continues Support for Indian Open of Surfing 2026 for Third Consecutive Year.

    Praggnanandhaa Defeats Gukesh in All-Indian Clash, Enters Final Round in Title Hunt.

    CRICKETER OF THE CENTURY: A Prediction Before the World Took Notice

  • Entertainment

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

  • Lifestyle
    • All
    • Food
    • Travel

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Change in timings of ration distribution and fair price shops in Bengaluru.

    Barbeque Nation presents with Kenneth Gopinath.

    HCG Expands Oncology Presence with New Hebbal Hospital.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

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Stellantis Shows Resilience in Europe Amid Challenging Market Conditions for First 9 Months of the Year

by FWM
October 11, 2024
in Auto
0

SOURCE:Stellantis

10 Oct 2024

  • Stellantis closes the third quarter of 2024 keeping the 2nd place in the European ranking and totalizing a market share of nearly 17.6%[1]
  • Stellantis is #1 in France, Italy and Portugal both in September and year-to-date, with Austria, Germany and Poland recording YTD steady growth
  • Stellantis Pro One reaffirms its CV market leadership, with over 29% share and 1% volume increase
  • In the Low-Emission-Vehicle (LEV) market, Stellantis sees steady sales increase, with BEV growth over the year in France and in the UK
  • AMSTERDAM, October 10, 2024 – Despite challenges in the European market, Stellantis remains resilient and committed to its long-term strategy. Though overall industry sales have declined in recent months, Stellantis’ strong performance in select brands and countries underscores its ability to navigate tough market conditions.

Stellantis closed the third quarter of the year with a 17.6% market share in EU29 markets YTD September and maintained its strong position as the second in the European ranking. Dodge and Jeep® brands performed especially well, increasing in sales versus last year. The company is #1 in France, Italy and Portugal in September and YTD.

Stellantis held 30% market share YTD in France and over 31% in Italy, with five models in the top ten in both markets (PC). In France, the top models included the Peugeot 208, 308, 2008, 3008, and Citroën C3, while in Italy, the list featured the Fiat Panda, Lancia Ypsilon, Citroën C3, Peugeot 208, and Jeep Avenger, which also secured its position as the best-selling SUV. In Germany, sales increased by over 9%, with several brands recording double-digit growth versus last year and keeping market share close to 14%. Bulgaria, Croatia, Czech Republic, Ireland, Romania and Slovenia all recorded significant sales growth, as well.

Stellantis Pro One ranked #1 in the CV market with over 29% market share and a 1% year-over-year volume increase, alongside growth in the BEV segment. In Germany, this growth was again particularly notable, with a 3-percentage point increase in market share and sales up by 25%. Sales growth also in the Netherlands (+21%), Spain (+20%) and Portugal (+7%), with Austria once again CV market leader last month.

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“We are navigating one of the most challenging periods the industry has faced, but Stellantis remains focused and committed to delivering value to our customers,” said Uwe Hochgeschurtz, Stellantis Chief Operating Officer, Enlarged Europe. “Our performance shows that we can adapt and find opportunities even in a declining market. Our future is strengthened by the successful launch of Leapmotor, with the first 1,200 T03 and C10 vehicles distributed to dealers across European markets, supported by a network of over 250 sales points ready to welcome customers.”

In a slowing electrified market, Stellantis reported steady growth with its broad BEV, PHEV, and MHEV offerings. BEVs captured a 13% YTD share in the EU29, and in France, volumes grew by over 34%, with the Peugeot e-208 being the best-selling EV in the first nine months of the year. Double-digit growth was also recorded in the UK, where Stellantis is the leading electric van manufacturer, with Vauxhall leading the electric retail and Motability channels year-to-date.

Stellantis’ Pre-Owned Vehicle division achieved double-digit growth in September, with a 20% increase compared to 2023 in Europe.

 

FWM

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