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Stellantis vehicle shipments rise 10% in second quarter

Source: rte.ie rte.ie
News Snapshot:

Stellantis said today that preliminary second-quarter vehicle shipments rose 10% from a year earlier to nearly 1.6 million units, driven by strong growth in North America, its most important market. Reviving sales is central to CEO Antonio Filosa's turnaround plan for the automaker, which has seen customer defections in key markets in recent years due to higher vehicle prices, a heavy focus on electric vehicles, quality issues and growing competition from Chinese manufacturers. Filosa in May unveiled a €60 billion new business plan to 2030 focused on new model launches, brand portfolio reorganisation and new partnerships in technology and manufacturing….

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