Stellantis said planned factory downtime in July through September pinched North American shipments, led by interruptions for Jeep nameplates such as the Grand Cherokee and Compass. A stronger showing from Ram helped cushion the blow, but not enough to avoid a double-digit decline in the region and a small dip overall.
Enlarged Europe grew shipments by 10% in the period. That region accounts for close to half of Stellantis deliveries, compared with roughly one quarter coming from North America, which is why a sharp drop stateside translated into only a 1% slide globally. For clarity, Stellantis counts shipments as vehicles that reach dealers and distributors or go straight to retail and fleet buyers.
Shipment data is a cleaner demand signal than revenue for carmakers. Market Briefs covers the auto trade free every morning.
The automaker, formed in 2021 when Fiat Chrysler combined with France's PSA Group, is in the middle of a turnaround plan aimed at getting back to profitability and holding its ground against intensifying competition from Chinese brands, particularly in Europe. Trading in Milan has left the shares down by almost 60% this year, putting the stock at the bottom of the region's Stoxx 600 Index.
Stellantis is leaning into visibility at the Paris Motor Show this week, showcasing more than 60 vehicles across eight marques. The stand includes nine concept models and the new all-electric Citroën 2CV, a nod to heritage with a battery-era twist. For car shoppers, that's a lot of fresh metal, even as production scheduling keeps near-term volumes choppy.
Regional splits in deliveries reveal where pricing power sits. Get the free Market Briefs daily newsletter and follow it.
