Stellantis (IT:STLAM) has released an update.
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Stellantis reported a 20% decline in consolidated shipments for Q3 2024 compared to the previous year, largely due to inventory reduction initiatives and transitions in its product portfolio. Despite this, the company saw a positive trend in U.S. market share growth and anticipates strong demand for upcoming product launches in Europe, including the Citroën C3 and Peugeot 3008. Shipments in other regions remained stable, with South America offsetting declines in other markets.
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