Stellantis Releases Its European Sales Performance Figures

In a landscape marked by unprecedented disruptions and fierce competition, Stellantis emerges as a notable player, showcasing substantial sales growth of 5.9% across all segments and energies in Europe for the year 2023. 

Stellantis claimed the runner-up position in European market sales, securing an 18.4% market share on a full-year basis. A significant accomplishment, yet one that hints at the intense competition and dynamic shifts within the industry. The automotive giant’s dominance in the Commercial Vehicle (CV) segment, consistently holding a market share above 30%, is commendable. It reinforces the Stellantis Pro One business unit’s leadership in a sector undergoing transformative changes.

The journey through key European markets reveals a mixed narrative. Positive growth is evident with sales (Passenger Cars + Commercial Vehicles) up in crucial territories: +2.2% in France, +5% in Germany, +10.6% in Italy, +3.5% in Spain, and +16.8% in the UK. However, the challenges persist as the industry navigates through uncertainties.

Stellantis’ foray into the Battery Electric Vehicle (BEV) market is a highlight, with a rapid 14% increase compared to FY 2022. Capturing a 14.2% market share in Europe, the company leads in various BEV segments. Models like the Fiat 500e, Opel/Vauxhall Corsa electric, Peugeot e-208, Jeep® Avenger, and the BEV Pro One Commercial Vehicles lineup have contributed significantly to the company’s performance.

Uwe Hochgeschurtz, Stellantis Chief Operating Officer, Enlarged Europe, reflects on the year, stating, “As we reflect on an extraordinary year, our full-year sales performance reaffirms our position as the unrivaled challenger for the #1 spot.” The acknowledgment of being a challenger, rather than the outright leader, speaks to the humility and awareness of the challenges faced.

In the EU29, Stellantis demonstrates a positive transition from 2023 to the new year, aligning with the overall trend in key European countries. The company’s leadership in electrified vehicles in France, with a remarkable 27.4% share, and in Italy, ending 2023 with a dominant 45.5% share in the CV business, underlines its commitment to the energy transition.

However, the journey is not without its hurdles. Stellantis consolidates its position as the second-largest automotive company in Germany but faces headwinds in a rapidly evolving market. The complexities of achieving success in Spain, the UK, and other regions showcase the multifaceted challenges in the automotive landscape.