Stellantis is Europe’s leader with market share of over 30%

16:37 - 24.11.2023


November 24, Fineko/abc.az. Stellantis acquired a market share of 18.8% in the first 10 months of the year.

ABC.AZ reports that thus the company retained leadership in the European market of vans with a market share of more than 30%.

According to brand’s statement, the expanded European operations have made significant contribution to successful operation of the company.

In particular, a 5% year-on-year increase in net profit, driven by an 11% increase in shipments, lifted Stellantis to second place in sales in the European market, increasing market share by 18.3% in the third quarter.

Its performance in the commercial vehicle segment, where Stellantis consistently dominates with market share of more than 30%, is supported by the recently launched Stellantis Pro One business unit.

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