Stellantis, revenues -14% and suspended steering for duties. The share in Europe is rising | EUROtoday

For the long run, Stellantis has introduced an bizarre dividend of 0.68 euros per share, which shall be paid on May 5, 2025. The technique of appointing the brand new CEO is underway and may finish throughout the first half of the 12 months.

The market

Despite the challenges, there are constructive alerts. In Europe, Stellantis has elevated, in comparison with the earlier quarter, its market share within the EU 17.3%, because of the launch of latest fashions such because the Fiat Grande Panda, the Opel/Vauxhall Frontera and the Citroën C3 Aircross. The group additionally strengthened its place within the hybrid automobiles phase, reaching a market share of 15.5%.

In South America, Stellantis has maintained its management with a market share of 23.8%, benefiting from an enchancment in efficiency in international locations akin to Brazil, Chile and Argentina. In the United States, regardless of a lower in deliveries, the group recorded a rise in retail gross sales of fashions akin to Jeep Grand Cherokee and Compass.

The industrial relaunch, the group says within the launched notice within the morning, leveraged three new merchandise, the brand new Fiat Grande Panda, Opel/Vauxhall Frontera and Citroën C3 Aircross – of various fashions up to date within the first quarter of 2025, contributing to the restoration of market share in Europe and better volumes of retail orders within the United States.

“While the revenues of the first quarter of 2025 were lower than those of the previous year – commented CFO Doug Ostermann – other indicators reflect the first, initial progress of our efforts in commercial recovery. North America is in the initial phase, with an improvement in the retail orders collection, while we are witnessing a sequential improvement of the market share in the EU30. At the same time, the company is benefiting from its diversified geographical presence, given that the regions that make up our third engine, in the first quarter 2025 they recorded positive aggregate growth on an annual basis “.