Stellantis sees 20% y/y lower in third-quarter deliveries

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(Reuters) – Stellantis anticipates a 20% annual lower in mixed deliveries within the third quarter to 1.15 million techniques around the globe, the carmaker said on Wednesday.

That’s a steeper decline than the projection 15% underlying gross sales lower, due to profile modifications and provider provide lower campaigns, it said in a declaration.

It anticipates Maserati third-quarter mixed distributions at its Maserati system to drop 60% to 2.1 million globally.

The carmaker minimize in September its 2024 earnings projection and suggested it will definitely shed with much more money cash than anticipated because it vowed to decrease consequence and deal giant low cost charges to revive its united state service, cleansing billions off its market worth.

(Reporting by Alessandro Parodi, enhancing and enhancing by Cristina Carlevaro)



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