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Stellantis sales and revenue fall, outlook slashed

Q3 results were actually a little better than expected and the share price rose by 2% on results day, writes Jonathan Storey

Like Renault, Stellantis does not report profit quarterly, just sales and revenue. For Q3 2024 it reported a 20.5% drop in combined shipments (which includes sales by non-consolidated joint ventures) to 1.17 million units and a 19.6% drop in consolidated shipments  to 1.15 million units.

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