Stellantis Q2 Shipments Rise 10% on 38% Surge in North America

Stellantis announced on Monday that its preliminary vehicle shipments for the second quarter rose 10% year-over-year to nearly 1.6 million units. The growth was primarily fueled by a significant surge in North America, its most important market.

North American Strength Drives Growth

In North America, Stellantis saw shipments climb by 38% to 445,000 vehicles. The company attributed this robust performance to strong demand for new or recently refreshed models. These include:

• The Ram 1500 8-cylinder light-duty truck and its high-performance TRX SRT version
• The refreshed Jeep Grand Wagoneer and Grand Cherokee
• The Chrysler Pacifica

In its statement, the automaker also noted that the result reflects preparations for its planned summer production shutdown, which can influence shipment timing.

Mixed Performance in Global Markets

Ad

The company's Enlarged Europe region, its other major market, posted a more modest 5% increase in shipments to 762,000 units. Stellantis said this was supported by higher overall industry volumes and strong demand for budget models like the Citroen C3, Opel Frontera, and Fiat Panda. The European total includes approximately 33,000 vehicles from its Chinese partner, Leapmotor, which Stellantis distributes in the region.

However, this growth was partially offset by declines in other areas. The company reported lower volumes in the Middle East and Africa, citing the impact of a "regional conflict," and in South America, which was weighed down by a weaker market in Argentina.

What's Next

These figures are preliminary, providing an early look at the company's operational performance for the quarter. Investors and market analysts will be watching for the full financial details when Stellantis reports its complete second-quarter results on July 30.