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


(Reuters) – Stellantis anticipates a 20% annual lower in mixed deliveries within the third quarter to 1.15 million methods all over the world, the carmaker said on Wednesday.

That’s a steeper decline than the projection 15% underlying gross sales lower, due to profile adjustments and provider provide lower campaigns, it said in a declaration.

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

The carmaker minimize in September its 2024 earnings projection and suggested it might definitely shed with much more money cash than anticipated because it vowed to decrease end result and deal giant low cost charges to revive its united state service, cleansing billions off its market value.

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



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