Stellantis N.V. announced global consolidated shipments of 1.395 million units for Q4 2024, a 9% decline compared to the same period in 2023. The drop reflects the completion of inventory reduction efforts in North America and the easing of production gaps in Europe due to new product launches.
In North America, shipments fell by 28% y-o-y, driven by a reduction of 80,000 units in U.S. dealer inventory. The inventory now stands at just over 300,000 units, positioning the company for a strong 2025 with new launches from Jeep, Ram, and Dodge.
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Enlarged Europe saw a smaller 6% y-o-y shipment decline, a significant improvement from Q3’s 17% drop. This was supported by the successful launch of the Citroën C3/ë-C3 and strong pre-orders for the STLA Medium platform models, including the Peugeot 3008 and Opel Grandland.
In the “Third Engine” markets—South America, Middle East & Africa, China, and India & Asia Pacific—shipments rose by 5%, with South America experiencing a 12% increase due to improved demand and recovery from earlier production disruptions.
These preliminary shipment estimates underline Stellantis‘ strategic focus on inventory management and next-generation product launches, setting a foundation for growth in 2025.
Source: Stellantis Releases Q4 2024 Consolidated Shipment Estimates
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