Stellantis (NYSE:STLA) reported preliminary second-quarter vehicle shipments of almost 1.6 million units on Monday, representing a 10% increase compared with the same period last year.
The improvement was largely driven by robust demand in North America, while Europe also delivered modest growth following the launch of several new models.
North American Sales Deliver Strong Performance
Vehicle shipments in North America climbed 38% year-on-year to 445,000 units, making the region the group’s strongest growth contributor during the quarter.
The increase was supported by the introduction of new and updated vehicles, including the V8-powered Ram light-duty truck, the Ram 1500 TRX SRT, refreshed versions of the Jeep Grand Wagoneer and Jeep Grand Cherokee, and the updated Chrysler Pacifica.
Stellantis also benefited from the continued production ramp-up of the all-new Jeep Cherokee and Dodge Charger.
Europe Continues to Expand
In the Enlarged Europe region, vehicle shipments increased 5% compared with the previous year.
Growth was supported by recent model launches, including the Citroën C3, Citroën C3 Aircross, Opel Frontera and Fiat Grande Panda, which helped strengthen sales across the region.
Mixed Performance in Other Markets
Outside its two largest markets, Stellantis reported more mixed trading conditions.
Vehicle shipments in the Middle East and Africa fell 3%, with the company attributing the decline to the impact of ongoing regional conflict.
South America also recorded a 3% decline, while shipments across the Asia-Pacific region remained broadly unchanged from a year earlier.