Automotive group Stellantis NV recorded a 9% decline in global sales in the first quarter of 2025, due in part to lower production volumes in North America as well as demand for slight commercial vehicles in Europe.
Stellantis sales in the quarter totalled 1.22 million vehicles compared with 1.36 million vehicles a year earlier.
In North America, Stellantis’ second-largest market, deliveries in the first quarter were down approximately 82,000 units compared to the same period in 2024. The company attributed the decline to lower production in January due to extended holiday-related downtime.
Stellantis’ sales in the Middle East and Africa decreased by 15%, in Asia by 20% and in South America by 19%.
Since the beginning of 2025, Stellantis’ capitalisation is down 37.4%.
Despite the decline in deliveries, retail demand has shown signs of improvement. Sales of Jeep Compass, Grand Cherokee and Ram 1500/2500 were up more than 10% year-over-year, and new retail orders in March reached their highest level since July 2023.
The Netherlands-based company attributed two-thirds of the decline to temporary gaps during the transition to new A- and B-segment models following the discontinuation of previous-generation vehicles in the second half of 2024. The remaining decline was due to lower volumes of light commercial vehicles.
Stellantis’ market share in Europe grew to 17.3 per cent during the quarter, up 1.9 percentage points from the fourth quarter of 2024, driven by the launch of models such as the Citroën C3 Aircross, Opel Frontera and Fiat Grande Panda.
