In a market that is increasingly demanding, Stellantis remains firm in its dedication to excellence and client contentment. Within the EU29 domain, there’s a 4.4% rise in volumes (PC+CV) year-on-year during the initial four months of 2024, securing a market portion of 18.8%, which is a 0.5 point increase compared to FY23.
Stellantis dominates the French market in all categories so far this year, including BEVs, with a substantial 39.7% market share in CVs in April. The Peugeot 208 retains its top-selling status followed by the 2008, and the Peugeot brand leads in PC+CV and PC electric vehicle markets, with four Stellantis vehicles making it into the top 10 positions. In Italy, Stellantis registers a 3.2% rise in PC+CV sales versus the previous year, sustaining its position as the market frontrunner with a 33.9% market share. Significantly, five Stellantis models are featured in the top ten, with the popular FIAT Panda claiming the top spot and the Citroën C3 and Lancia Ypsilon following.
In Germany, Stellantis had a productive April with a notable 17.7% growth, resulting in a 21.6% rise in YTD customer sales. There’s also a strong performance in the commercial vehicles sector, with sales and market share increasing both in April and on a YTD basis. Furthermore, Stellantis is fiercely competitive for the top position in Spain, registering over 15% sales growth in April and confirming a 20% market share YTD. In the UK, Stellantis achieved an 8.3% growth (January-April) and a market share of 14.2%, with impressive performances from Jeep®, Peugeot, and Vauxhall in the PC and CV markets. Noteworthy sales growth is also evident in Portugal – where Stellantis holds the market leader status – and in various other European nations.
The Stellantis Pro One Commercial Vehicles department upholds its market leadership position on a YTD basis with a share close to 30% and a volume increase of 11% year-over-year. This achievement is showcased across Europe, demonstrating steady growth in almost all territories and a remarkable triple-digit sales rise in Portugal in April (+101%).
Commentary from Uwe Hochgeschurtz, Stellantis’ Chief Operating Officer for Enlarged Europe, stated: “Our initial results mirror the intense competition within the industry, particularly in markets across Europe with limited incentives. We are spearheading the shift towards electrification in many key countries while simultaneously offering unparalleled commercial vehicle options. Strong sales trends, a sturdy order backlog, and an improving order intake all hint at a positive impact in the upcoming second quarter. The introduction of more than 25 new European-made models across all brands is anticipated to generate further momentum throughout the year.”
In the BEV market (PC+CV), Stellantis maintains its pace, with a year-over-year increase of over +6% across the top 10 markets, obtaining a YTD market share of 14.1% in the EU29 region. Stellantis also leads in various BEV segments, securing podium finishes in several major European markets. In France, BEV sales witness a double-digit growth (+64.6%), attaining a remarkable 37.4% market share, an increase of 8.8 percentage points from the previous year, with Peugeot E-208 and Fiat 500e taking the top spots. Notable volume increases are also noted in Portugal (+3.9%) and Poland (+9.2%).
SOURCE: Stellantis
