Stellantis (STLA) released its consolidated shipment estimates. The term shipments describes the volume of vehicles delivered to dealers, distributors, or directly from the company to retail and fleet customers, which drives revenue recognition. Consolidated shipments for the three months ending September 30, were an estimated 1.3M units, a 13% increase y-o-y. Most of the increase was driven by North America, also supported by year-over-year shipment growth in Enlarged Europe and Middle East & Africa.
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