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Stellantis Q2 2023 results

Jonathan Storey examines the latest financial results from Stellantis

Like Renault, Stellantis does not report profit quarterly, just sales and revenue.

For H1 2023 it reported record revenue and recurring operating income, boosted by a 9.1% rise in consolidated shipments to 3.202 million units, with all major regions (N. America, Europe, Middle East & Africa, S. America, China & Asia-Pacific and Maserati) contributing to the rise. The company also reports a figure for 'combined shipments' which includes sales by non-consolidated joint ventures and this rose by 9.7% to 3.327 million units.

H1 2023 revenue grew by 11.8% to €98.4bn with all regions except China, India & Asia-Pacific contributing to the rise.

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https://www.automotiveworld.com/articles/stellantis-q2-2023-results/

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