Stellantis has announced a sustained growth trajectory in sales, a trend initiated last year and sustained throughout 2023. In February, the company disclosed an impressive 12.1% year-over-year volume increase within the EU29 perimeter, securing a substantial 20.3% market share.
Among the countries that Stellantis operates in, Portugal stood out with a notable 29.4% surge in sales. At the same time, France, Germany, and Italy also experienced significant upticks in market share compared to the previous year.
In France, Stellantis showcased a commanding 18.5% growth rate, surpassing the market trend by five points, a success attributed to the efficacy of the national social leasing campaign. Meanwhile, the company demonstrated a formidable 15.6% increase in Italy compared to the previous year, solidifying its position as the market leader. Germany witnessed a commendable 13.6% growth, elevating the market share to 13.2%, an increase of 0.7% points. The positive sales trajectory extends beyond these key markets, with the UK, Austria, Poland, Portugal, Spain, and other European nations all contributing to Stellantis’ noteworthy overall sales growth.
Meanwhile, Stellantis Pro One Commercial Vehicles offers professional vehicles powered by various energy sources. They have achieved a market share of over 30% and a remarkable volume increase of 15.9% year-over-year.
Stellantis continues to grow in the BEV market, with a 7% year-over-year rise, capturing a 14.7% market share in Europe. This represents a consistent progression from Q4 2023 and January 2024, placing Stellantis on the podium in several significant European markets. BEV volumes are growing by 76% in France, giving them an impressive 37.1% market share.
Chief operating officer of Stellantis, Owe Hochgeschurtz, stated: “The ecosystem as a whole must support this shift as we strive to ensure that EVs are affordable for everyone within the framework of our Dare Forward 2030 strategy plan. To spark market demand, governments, providers of charging infrastructure, and automakers must work together.”
