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Stellantis reports slump in car sales as European demand falls

Stellantis reports slump in car sales as European demand falls



Owner of Fiat, Chrysler and Peugeot brands pushes back against rules that force sale of more electric vehiclesBusiness live – latest updatesThe owner of car brands including Fiat, Chrysler and Peugeot has reported a steep fall in sales, blaming production delays and flagging European demand.Stellantis reported revenues on Thursday of €33bn (£27.6bn) for the July to September quarter, a drop of 27% compared with the same period a year earlier. Continue reading…



Source link : https://www.theguardian.com/business/2024/oct/31/stellantis-sell-fewer-cars-lower-demand-europe-electric

Author : Jasper Jolly

Publish date : 2024-10-31 15:08:56

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Tags :The Guardian

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