Jeep maker Stellantis delivers 12% fewer cars in 2024.

Paris: Global automaker Stellantis reported Thursday a stinging 12 percent drop in the number of vehicles it sold last year, with its key North American market plunging by a quarter.

However, the annual and fourth-quarter drop of 28 percent contrasted with gains reported by US automakers GM and Ford in North America.

In Europe, Stellantis’s largest market where it also has the Citroen and Opel brands, it shipped six percent fewer cars in the fourth quarter. That was an improvement from the 17 percent third quarter thanks to the launch of the electrified version of Citroen’s compact C3 and updated SUVs.

Source: ECONOMICTIMES