Stellantis New Record - Net profit of 142.7 billion in 2023

Published: Feb 23, 2024 20:52

Source: SMM

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In 2023, Stellantis net revenue reached 189.5 billion euros, a year-on-year increase of 6%, net profit reached 18.6 billion euros, a year-on-year increase of 11%, and industrial free cash flow increased by 19% year-on-year to 12.9 billion euros.

In 2023, Stellantis achieved historically high levels of net revenue, net profit and free cash flow, laying a solid foundation for future development. Net revenue reached 189.5 billion euros, a year-on-year increase of 6%, net profit reached 18.6 billion euros, a year-on-year increase of 11%, and industrial free cash flow increased by 19% year-on-year to 12.9 billion euros.

Stellantis delivers 6.175 million units globally in 2023.

1.782 million units in North America, with a market share of 9.4% (a decrease of 1.3 percentage points)
2.717 million units in Europe, with a market share of 16.9% (a decrease of 1.4 percentage points)
614,000 units in the Middle East and Africa, with a market share of 14.9%
879,000 units Units in South America, with a market share of 23.5%
92,000 units in other regions like India and Asia, and 65,000 units in China

Stellantis Group has achieved significant growth in the areas of pure electric vehicles and low-emission models. Sales of pure electric vehicles increased by 21% year-on-year, and sales of low-emission models increased by 27% year-on-year.

Stellantis Group announced that it will launch 18 pure electric vehicles in 2024 to further consolidate its position in this field, which shows its active layout and investment in the future market.

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