Wednesday, October 16, 2024
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Stellantis sees 20% y/y decrease in third-quarter deliveries


(Reuters) – Stellantis anticipates a 20% annual decrease in combined deliveries in the 3rd quarter to 1.15 million systems around the world, the carmaker stated on Wednesday.

That’s a steeper decline than the projection 15% underlying sales decrease, because of profile changes and supplier supply decrease campaigns, it stated in a declaration.

It anticipates Maserati third-quarter combined distributions at its Maserati system to drop 60% to 2.1 million globally.

The carmaker cut in September its 2024 earnings projection and advised it would certainly shed with even more cash money than anticipated as it vowed to lower result and deal large discount rates to restore its united state service, cleaning billions off its market price.

(Reporting by Alessandro Parodi, editing and enhancing by Cristina Carlevaro)



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