(Finance) – Stellantis closes the third quarter with Net revenues which reached 42.1 billion euros, with a growth of 29% compared to the third
quarter 2021, thanks mainly to the increase in volumes, favorable net prices and the positive effects of exchange rates.
The deliveries consolidated are equal to 1.281 million units, up 13% on an annual basis, mainly thanks to the better availability of semiconductors compared to the third quarter of 2021.
“Encouraged by the enthusiastic response to our EV Days for Dodge and Jeep over the summer and a 41% year-on-year increase in global BEV sales in the third quarter, we are accelerating the realization of our roadmap for electrification
as part of the strategic plan Dare Forward 2030 in order to meet the growing demand for electric vehicles – says the CFO of Stellantis, Richard Palmer -. We are eagerly preparing to participate in CES 2023 to be held in January in Las Vegas, where the
Ram 1500 Revolution BEV concept will make its global debut. “
The total inventory of new vehicles amounted to 926 thousand units as at 30 September 2022 of which 275 thousand owned, the latter up by 179 thousand units compared to 31 December 2021, mainly in Europe for aspects related to logistics Bev’s global sales increased by 41% compared to the third quarter of 2021.
In light of the results, Stellantis confirms the guidance for the whole year. The Group aims for a adjusted operating margin double-digit and a cash flow available positive industrial. The 2022 forecasts for the markets indicate -8% for North America, -12% for enlarged Europe, stable Middle East and Africa and South America, up by 5% India and Asia-Pacific, while China passes from stable at + 5%. In the first 9 months, consolidated deliveries decreased by 2% to 4.215 million vehicles, while revenues increased by 21% to 130.1 billion euros.