By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Auto Magazine
  • Home
  • Auto Shows
    Auto ShowsShow More
    Lotus Returns To Goodwood Festival Of Speed With A Bold Celebration Of Its Past, Present And Future
    July 10, 2025
    Alpine celebrates its 70th anniversary with world and UK debuts at Goodwood
    July 10, 2025
    Maserati MCPURA: the essence of performance debuts at Goodwood
    July 10, 2025
    IAA MOBILITY 2025 Announces Powerful Lineup of Partners and Sponsors
    June 26, 2025
    BMW and Alvaro Barrington celebrate hydrogen mobility at Art Basel in Basel 2025
    June 18, 2025
  • Bikes
    BikesShow More
    BMW Motorrad presents the new BMW CE 04
    July 3, 2025
    Desmo450 MX: Production of the first Ducati Motocross bike begins
    May 28, 2025
    25YM Honda NC750X
    May 13, 2025
    BMW Motorrad presents the new BMW R 1300 RS
    May 2, 2025
    BMW Motorrad presents the new BMW R 1300 RT
    April 30, 2025
  • News
    NewsShow More
    JETOUR SOUTH AFRICA AWARDED GOLD STATUS IN 2025 NADA DSI SURVEY
    July 15, 2025
    The new Taycan and Cayenne Black Edition models
    July 11, 2025
    INEOS GRENADIER UPS ITS GAME WITH PORTAL AXLE COLLABORATION
    July 11, 2025
    How the BMW Group is gearing up for series production of its new high-voltage batteries
    July 10, 2025
    Bentley opens its largest ever presence at Goodwood Festival of Speed, with UK debut of new Bentayga Speed
    July 10, 2025
  • Concepts
    ConceptsShow More
    Mercedes-AMG presents the CONCEPT AMG GT XX
    June 25, 2025
    TOYOTA GAZOO Racing unveils liquid hydrogen-fueled “GR LH2 Racing Concept” at Le Mans
    June 11, 2025
    FIAT unveils the manifesto Grande Panda 4×4
    May 20, 2025
    Renault 4 Savane 4×4 Concept makes its global debut at Roland-Garros 2025
    May 16, 2025
    Hyundai Motor and Plus Unveil Concept for Autonomous Hydrogen Freight Ecosystem at ACT Expo 202
    May 2, 2025
  • Interviews
    InterviewsShow More
    24-hour race at Le Mans, the Nürburgring and Spa – triple marathon for Mercedes-AMG Motorsport
    June 10, 2025
    Kosmas “Dudie” Mamaloukos – The Formidable Racing Talent
    May 15, 2025
    Hi-Range Safari City
    Hi-Range Safari City – The Premier outfitter for 4×4 customization
    May 15, 2025
    BEHIND THE SCENES: ARCHIE RUTHERFORD ON WHAT IT TAKES TO BRING THE W2RC TO SOUTH AFRICA
    May 9, 2025
    Europe and China’s automotive future in a shifting global order
    May 5, 2025
  • EVs
    EVsShow More
    The Kia EV5: an authentic SUV powering Kia’s electrification vision
    July 8, 2025
    Polestar 4 wins the 2025 Mille Miglia Green
    June 27, 2025
    IONIQ 5 N Earns Coveted ‘Five-Star Car’ Accolade at 2025 Autocar Awards
    June 26, 2025
    Polestar 3 OTA update introduces new Abbey Road Studios Mode exclusively for Bowers & Wilkins audio system
    June 18, 2025
    No Compromise Ford Ranger PHEV Brings Electric Power to Europe’s Best-Selling Pickup
    June 18, 2025
  • Motosport
    MotosportShow More
    Lamborghini claims first IMSA GTD victory of the year at Mosport
    July 15, 2025
    HINO ALREADY PREPARING FOR 2026 DAKAR RALLY
    July 11, 2025
    Ducati team returns to the track at Donington for the seventh round of the 2025 WorldSBK season
    July 10, 2025
    Nissan Formula E Team heads to Berlin for penultimate race weekend of Season 11
    July 10, 2025
    A legend returns to Le Mans: Škoda Sport back on the famous circuit after 75 years
    July 8, 2025
  • Trucks & Buses
    Trucks & BusesShow More
    Daimler Truck Global Parts Center officially opened
    July 10, 2025
    MAN celebrates 70 years of tradition and modernity at its Munich plant
    July 3, 2025
    Tata Motors strengthens presence in Qatar with the launch of all-new LPO 1622 bus
    June 26, 2025
    Scania launches MCS rapid charging solution at EVS38
    June 18, 2025
    Daimler Truck and Volvo Group launch Coretura
    June 17, 2025
  • Reviews
    ReviewsShow More
    THE NEW FERRARI AMALFI
    July 9, 2025
    Ferrari 296 Speciale: driving thrills reach new heights
    July 9, 2025
    Introducing the Land Cruiser Hybrid 48V: a new powertrain for Toyota’s legendary SUV
    June 23, 2025
    THE NEW HAVAL H6 SUV IS HERE, AND IT’S BUILT FOR BIG MOMENTS!
    June 18, 2025
    THE NEW PEUGEOT E-208 GTi MORE PLEASURE. MORE GTi THAN EVER!
    June 17, 2025
  • Tech
    TechShow More
    Gaming fun on the go: Audi integrates AirConsole
    June 26, 2025
    New Kia App provides European drivers with a unified digital experience
    June 17, 2025
    Abbey Road Studios Mode makes global debut in Volvo EX90
    June 17, 2025
    Audi develops the picking process of the future
    June 2, 2025
    Volvo EX90 LiDAR and smartphone cameras: What you need to know
    June 2, 2025
Hot News
JETOUR SOUTH AFRICA AWARDED GOLD STATUS IN 2025 NADA DSI SURVEY
Lamborghini claims first IMSA GTD victory of the year at Mosport
HINO ALREADY PREPARING FOR 2026 DAKAR RALLY
The new Taycan and Cayenne Black Edition models
INEOS GRENADIER UPS ITS GAME WITH PORTAL AXLE COLLABORATION
Latest News

Lamborghini is a “Top Employer Italia” for the eleventh consecutive year

Motosport

BMW M Motorsport returns to Le Mans

Latest News

Mercedes-Benz Vans with around 120,000 units sold in Q2 of 2023

Latest News

WesBank CEO forecasts recovery of South Africa automotive sector

Font ResizerAa
The Auto MagazineThe Auto Magazine
  • Home
  • Auto Shows
  • Bikes
  • News
  • Concepts
  • Interviews
  • EVs
  • Motosport
  • Trucks & Buses
  • Reviews
  • Tech
Search
  • Home
  • Auto Shows
  • Bikes
  • News
  • Concepts
  • Interviews
  • EVs
  • Motosport
  • Trucks & Buses
  • Reviews
  • Tech
Follow US
Crafted by Intellegere Media. © 2024 The Auto Magazine. All rights reserved.
Latest News

Stellantis grows in the European total and electrified markets in the first ten months of the year

Itumeleng Garebatshabe
Last updated: November 7, 2023 14:08
By Itumeleng Garebatshabe
614 Views
4 Min Read
Share
4 Min Read
SHARE
  • Stellantis consolidates its second position in the European (EU29) total market sales rankings, securing a 18.8% market share1 in the first ten months of the year
  • Leadership in the Commercial Vehicle (CV) market remains unparalleled, with a market share of over 30%
  • In the Battery Electric Vehicle (BEV) market, Stellantis reports a 41% increase compared to Q3 2022 and surges to second position in the European rankings, recording a market share of 15.3%
  • Preliminary insights for October indicate continued positive trends, with registrations up 14% compared to October 2022
     

After Stellantis N.V. announced impressive Q3 results last week, Enlarged Europe Operations reports a significant contribution to the company’s strong performance. Notably, a substantial 5% YoY increase in net revenues, driven by an 11% rise in shipments and consistent net pricing, pushed Stellantis to second position in European market sales, securing an 18.3% market share in Q3. Stellantis’ dominant Commercial Vehicle (CV) segment, consistently above 30% market share, supports the recently launched Stellantis Pro One business unit in its sector leadership.

There have been noteworthy achievements in key European markets, including a 14.9% market share in Germany in September, the highest in almost three years, and strong contributions from Opel, Jeep, and the CV lineup. In the UK, Stellantis achieved a 14% market share in the same month – recording its highest monthly volume – with the best-selling B-segment car, the Vauxhall Corsa.

- Advertisement -
Ad image

In the BEV market, Stellantis is growing rapidly, with a 41% increase compared to Q3 2022, capturing a 15.3% market share in Europe, and leading in various BEV segments. BEV sales are steadily increasing quarter by quarter, putting Stellantis second in the European rankings with over 87,000 BEV vehicles delivered in Q3. Models such as the Fiat 500e, Opel/Vauxhall Corsa electric, Peugeot e-208, Jeep Avenger and the entire BEV CV line-up (38% market share) boosted the Company’s performance; in particular, Stellantis clinched the top position in Germany’s electric car segment in September, taking a market share of nearly 23%.

“We’ve not just reduced the gap with the market leaders in Europe but surpassed them this past quarter in the BEV market”, said Uwe Hochgeschurtz, Stellantis Chief Operating Officer, Enlarged Europe. “In a dynamic and competitive environment marked by ongoing disruptions, we are showing resilience, efficiency, and agility by leveraging our unique product offer on the dedication of our employees and on the commitment of our dealer network. The momentum of our electrification has also been growing in October, and we are on track to double our all-electric model offering by the end of 2024, as part of our Dare Forward 2030 strategic plan. There is still a long road ahead, but we are poised for success on our journey together.”

Preliminary results for October in the EU29 show a 14% increase in registrations compared to last year, with a market share of around 19.1% for the month (+0.2 percentage points compared to September 2023) and 18.8% for the first ten months of the year. In the five key European countries, October sales are higher than last year: +21.3% in France, +28.9% in Germany, +18.2% in Italy, +6.4% in Spain, +6% in the UK. France, Italy, and Portugal lead in the total market, with France, Portugal, and Spain ahead in the electrified market. In the UK, Vauxhall is the #1 e-CV brand, and the Vauxhall Corsa, Mokka, and Vivaro Electric versions top their respective BEV segments. Stellantis had a strong October in Germany, with commercial vehicle sales nearly doubling, contributing to a record market share of 25.7%.

TAGGED:Dare Forward 2030Enlarged Europe OperationsQ3 2023StellantisStellantis Pro One

Sign Up For Daily Newsletter

Stay Updated! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp LinkedIn VKontakte Telegram Email Copy Link Print
Share
ByItumeleng Garebatshabe
Editor
Follow:
Itumeleng is the Managing Editor of The Auto Magazine. He is a tech and car enthusiast

Follow US

FacebookLike
XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow
TelegramFollow
Google NewsFollow
LinkedInFollow
- Advertisement -
Ad imageAd image

You Might Also Like

Latest News

Hyundai Motor Announces 2023 Q3 Business Results

By Itumeleng Garebatshabe
October 26, 2023
Latest News

Stellantis and NEXUS Automotive International announce a strategic business partnership

By Itumeleng Garebatshabe
March 6, 2024
Latest News

Stellantis Announces Leadership Adjustments to Support New Strategic Activities in China

By Itumeleng Garebatshabe
November 1, 2023
Latest NewsTrucks & Buses

Daimler Truck successful also in Q3 2023

By Itumeleng Garebatshabe
November 7, 2023
Latest News

Stellantis to Acquire Equal Stake with Faurecia and Michelin in Symbio

By Itumeleng Garebatshabe
May 17, 2023
Latest News

Stellantis Reports Strong February and Year-to-Date Performance in the European Total and Electrified Markets

By Itumeleng Garebatshabe
March 8, 2024

The Auto Magazine

  • Advertise
  • About Us
  • Contact
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
  • Bikes
  • Electric Vehicles
  • Trucks & Buses
  • Auto Shows
  • Latest News
  • Motosport

Made by Intellegere Media. All rights reserved. 2023

Don't not sell my personal information
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc.

Zero spam, Unsubscribe at any time.
adbanner