Thursday, November 28, 2024

Stellantis reports a pointy decline in sales in consequence of the portfolio shift

Maserati’s first GranCabrio convertible since 2019 is about to go on sale within the US this summer

Maserati

Global automaker Stellantis on Tuesday reported a 12% decline in sales in the primary quarter because of lower sales and foreign exchange effects, although net prices remained stable.

Chief Financial Officer Natalie Knight said year-over-year comparisons between shipments and net revenue were difficult as the corporate moved to a “next-generation product portfolio manufactured on new platforms.”

This is a breaking news story and will probably be updated shortly.

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