Stellantis Global Deliveries Decline Slows to 9% in Q4 2024 Amid European Recovery
Consolidated worldwide deliveries for the fourth quarter of 2024 were projected by Stellantis NV to be 1.4 million units, a 9% decrease from the same time in 2023. Due to inventory reductions and the introduction of new models in Europe, the number is an improvement over the 20 percent decline in the third quarter, as reported by Milano Finanza on Friday.
Disciplined Inventory Management Helps Stellantis Reduce Sales Decline to 5%
Disciplined inventory management lowered sales by roughly 80,000 units, resulting in a smaller 5 percent decline than deliveries, which decreased by 115,000 units, or 28 percent, from 2023 in North America. With 300,000 units at the end of the quarter, the U.S. network is well-positioned for the 2025 introduction of new Jeep, Ram, and Dodge models.
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