Stellantis’ first-quarter shipments fall 9% y/y

(Reuters) – Stellantis said on Friday its first-quarter shipments were down 9% compared to last year, to an estimated 1.2 million vehicles.

In the first three months of 2025, the automaker’s shipments were down 20% in North America, down 8% in the Enlarged Europe area and up 19% in South America, it said in a statement.

Stellantis said the drop primarily reflected lower North American production due to extended holiday downtime in January, as well as product transition and lower light commercial vehicle sales in Europe.

(Reporting by Alessandro Parodi in Gdansk, editing by Milla Nissi)