Stellantis Reports 9% Drop in Q4 Shipments as U.S. Inventory Levels Are Reduced
The automaker's North American shipments fell sharply, while South America was the only region to see growth.
- Stellantis' global shipments declined 9% year-over-year in Q4 2024, totaling 1.395 million vehicles.
- North American shipments dropped 28%, attributed to inventory reduction efforts that lowered U.S. dealer stock by 80,000 units.
- South America saw a 12% increase in shipments, driven by stronger demand and recovery from earlier production disruptions caused by flooding.
- Shipments in Enlarged Europe fell 6%, though new product launches like the Citroën C3/ë-C3 helped mitigate declines.
- Stellantis highlighted strong early demand for its next-generation models, with over 230,000 orders across several platforms.