Stellantis Forecasts 1.2 Million Global Shipments in Q1 2025, Down 9% Yearly

Commercial Recovery Sparks Growth in EU30 Market Share and Stability in U.S. Retail Sector

Stellantis N.V. has released its latest quarterly shipment estimates along with insights on ongoing business developments. The term “shipments” refers to the volume of vehicles delivered to dealers, distributors, or directly to retail and fleet customers, which plays a crucial role in revenue generation.

For the quarter ending March 31, 2025, consolidated shipment estimates reached approximately 1.2 million units. This marks a 9% decrease year-over-year, largely due to reduced production in North America from extended holiday downtimes in January, as well as product transitions and lower volumes in light commercial vehicles (LCV) in Enlarged Europe.

During the first quarter of 2025, notable commercial advancements included the introduction of several new and refreshed models, such as the Citroën C3 Aircross, Opel Frontera, Fiat Grande Panda, and the Ram 2500 and 3500 heavy-duty trucks. These launches contributed positively to order intake while maintaining stable dealer inventory levels.

Stellantis Vehicle Shipments Chart

In North America, shipments for Q1 fell by around 82 thousand units compared to the same timeframe in 2024, reflecting a 20% year-over-year decline. This reduction is primarily due to lower production levels in January and the early production ramp-up of the updated 2025 Ram heavy-duty trucks. However, sales data show positive trends; the Jeep® Compass, Grand Cherokee, and Ram 1500/2500 saw over a 10% increase year-over-year in Q1 2025. Additionally, March new retail orders reached their highest point since July 2023.
In Enlarged Europe, Q1 shipments dropped by about 47 thousand units, or 8% year-over-year. This decline was largely driven by transition gaps for certain A and B-segment vehicles phased out at the end of H1 2024, along with a decrease in LCV volumes. Encouragingly, the EU30 market share for Q1 2025 rose to 17.3%, a 1.9 percentage-point increase from Q4 2024, partly fueled by the sales of recently launched products.
Stellantis experienced a growth of 13 thousand units, or 4%, across its “Third Engine” segments, primarily driven by a robust 19% increase in South America. This growth offset declines in the Middle East & Africa, China, and India & Asia Pacific. Stellantis continues to lead in South America, benefiting from higher industry volumes, particularly in Brazil and Argentina. However, the Middle East & Africa region saw a 15% decline in shipments largely due to import restrictions in Algeria, Tunisia, and Egypt.

Consolidated shipments exclude any units not delivered by the Company’s consolidated subsidiaries, which account for new vehicles invoiced to third-party dealers, importers, or end customers. The presented Q1 2025 shipment figures are preliminary and may be adjusted in subsequent reports. Analysts should consider this information as subject to change.
The “Third Engine” categorization combines South America, Middle East & Africa, and China and India & Asia Pacific segments for clarity in presentation.

As the automotive landscape continues to evolve, what are your thoughts on Stellantis’s recovery strategies and their impact on future market performance?

READ Embrace a Swadeshi Diwali: Celebrate with Phones, Gadgets, and Khadi