By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Auto Magazine
  • Home
  • Auto Shows
    Auto ShowsShow More
    Multifaceted MasterDrive at Simola
    April 24, 2025
    OMODA & JAECOO accelerate 2025 NEV strategy with bold debuts at Auto Shanghai
    April 24, 2025
    GWM Unveils its Global Strategy at Auto Shanghai 2025
    April 24, 2025
    Maserati takes part in Anantara Concorso Roma 2025
    April 23, 2025
    Knysna Motor Show goes Cars@Coffee on 27 April, 2025
    April 20, 2025
  • Bikes
    BikesShow More
    BMW Motorrad presents the new R 18 models
    January 22, 2025
    BMW Motorrad presents the BMW Concept F 450 GS
    November 5, 2024
    BMW Motorrad presents the new bikes
    November 1, 2024
    24YM HONDA NX500
    October 15, 2024
    BMW Motorrad presents the new BMW C 400 GT and BMW C 400 X
    October 15, 2024
  • News
    NewsShow More
    Chery launches LEPAS brand with L8 luxury SUV, ushering in a new premium era
    April 25, 2025
    NADA Applauds Move to Support Stability and Ease Pressure on Consumers
    April 24, 2025
    Automechanika Sub-Saharan Africa Roadshow Expands Automotive Aftermarket Possibilities
    April 24, 2025
    AK47 PROTECTION FOR JEEP GRAND CHEROKEE (WITH WARRANTY INTACT!)
    April 24, 2025
    Ford Silverton Manufacturing Plant Green Initiatives a Step Closer to Carbon Neutrality
    April 23, 2025
  • Concepts
    ConceptsShow More
    Audi unveils Q6 e-tron offroad concept
    January 28, 2025
    CITROEN PRESENTS C5 AIRCROSS CONCEPT
    October 15, 2024
    Lotus Unveils Theory 1:  The Future Of Intelligent Performance
    September 23, 2024
    First sketches of Škoda Enyaq RS Race
    May 3, 2024
    W16 Mistral: the art of bringing Bugatti’s ultimate roadster to life
    January 24, 2024
  • EVs
    EVsShow More
    RANGE ROVER ELECTRIC PROTOTYPES EXCEL IN LATEST WINTER TESTING AND DEVELOPMENT CYCLE
    April 25, 2025
    ELECTRIFIED LUXURY REDEFINED: THE ALL-NEW LEXUS ES
    April 24, 2025
    Volvo EX90 claims World Luxury Car title
    April 17, 2025
    DFSK South Africa rolls out EC35 Electric Panel Van
    April 15, 2025
    The all-new electric G-Class
    April 10, 2025
  • Motosport
    MotosportShow More
    Castrol, NWM, Ford and bp Join Forces for 2025 South African Rally-Raid Championship
    April 25, 2025
    BEHIND THE SCENES WITH GILLY DYKES: DUST, GRIT AND DETERMINATION
    April 24, 2025
    Fouriesburg Rally Shifts to Spring
    April 23, 2025
    TOYOTA GAZOO RACING JUNIOR ACADEMY EYES MORE GLORY AT ROTAX NATIONAL ROUND 2
    April 23, 2025
    FINAL COUNTDOWN COMMENCES FOR SOUTH AFRICAN SAFARI RALLY
    April 22, 2025
  • Trucks & Buses
    Trucks & BusesShow More
    HINO ONCE AGAIN ANSWERS FARMERS’ CALL FOR HELP
    April 24, 2025
    Daimler Truck Southern Africa appoints Wolf Edmayr as the General Manager of TruckStore
    March 28, 2025
    ISUZU Motors South Africa Celebrates 60 Years of Isuzu Trucks in South Africa
    March 3, 2025
    Itumeleng Segage, General Manager of Hino South Africa
    HINO SCORES MORE THAN 99% IN ALL FOUR CUSTOMER CARE SURVEY CATEGORIES
    February 5, 2025
    UD TRUCKS SOUTHERN AFRICA DEEPENS ITS COMMITMENT
    January 28, 2025
  • Reviews
    ReviewsShow More
    Tow Like a Pro with the Ford Ranger
    April 10, 2025
    MEET THE ALL-NEW LEXUS GX: A PREMIUM OFF-ROADER REIMAGINED
    April 8, 2025
    Aston Martin Vanquish Volante: The world’s fastest, most powerful front-engine convertible
    March 29, 2025
    The legend grows: introducing the Toyota Hilux Hybrid 48v and GR SPORT II
    March 29, 2025
    THE ALL-NEW GWM P300 – BRING IT ON!
    March 3, 2025
  • Tech
    TechShow More
    Chery unveils AiMOGA: Revolutionising the car-buying experience through intelligent robotics
    April 24, 2025
    Volvo Cars uses AI and virtual worlds with the aim to create safer cars
    March 21, 2025
    Chery drives AI innovation with DeepSeek partnership
    March 3, 2025
    Stellantis Unveils STLA AutoDrive
    February 20, 2025
    Mercedes-Benz and Google Partner on AI-powered Conversational Search within Navigation Systems
    January 14, 2025
Hot News
Chery launches LEPAS brand with L8 luxury SUV, ushering in a new premium era
RANGE ROVER ELECTRIC PROTOTYPES EXCEL IN LATEST WINTER TESTING AND DEVELOPMENT CYCLE
Castrol, NWM, Ford and bp Join Forces for 2025 South African Rally-Raid Championship
Multifaceted MasterDrive at Simola
ELECTRIFIED LUXURY REDEFINED: THE ALL-NEW LEXUS ES
Latest News

SAIC Motor sells over 5 million vehicles in 2023

Latest News

FORD Q3 SALES UP 7.7 PERCENT

Latest News

Isuzu Motors South Africa and Gift of the Givers join hands to create a lasting impact to St Albans Primary School

Motosport

San Marino hosts fourth round of TrialGP World Championship

Font ResizerAa
The Auto MagazineThe Auto Magazine
  • Home
  • Auto Shows
  • Bikes
  • News
  • Concepts
  • EVs
  • Motosport
  • Trucks & Buses
  • Reviews
  • Tech
Search
  • Home
  • Auto Shows
  • Bikes
  • News
  • Concepts
  • EVs
  • Motosport
  • Trucks & Buses
  • Reviews
  • Tech
Follow US
Crafted by Intellegere Media. © 2024 The Auto Magazine. All rights reserved.
Latest News

Stellantis grows in the European total and electrified markets in the first ten months of the year

Itumeleng Garebatshabe
Last updated: November 7, 2023 14:08
By Itumeleng Garebatshabe
205 Views
4 Min Read
Share
4 Min Read
SHARE
  • Stellantis consolidates its second position in the European (EU29) total market sales rankings, securing a 18.8% market share1 in the first ten months of the year
  • Leadership in the Commercial Vehicle (CV) market remains unparalleled, with a market share of over 30%
  • In the Battery Electric Vehicle (BEV) market, Stellantis reports a 41% increase compared to Q3 2022 and surges to second position in the European rankings, recording a market share of 15.3%
  • Preliminary insights for October indicate continued positive trends, with registrations up 14% compared to October 2022
     

After Stellantis N.V. announced impressive Q3 results last week, Enlarged Europe Operations reports a significant contribution to the company’s strong performance. Notably, a substantial 5% YoY increase in net revenues, driven by an 11% rise in shipments and consistent net pricing, pushed Stellantis to second position in European market sales, securing an 18.3% market share in Q3. Stellantis’ dominant Commercial Vehicle (CV) segment, consistently above 30% market share, supports the recently launched Stellantis Pro One business unit in its sector leadership.

There have been noteworthy achievements in key European markets, including a 14.9% market share in Germany in September, the highest in almost three years, and strong contributions from Opel, Jeep, and the CV lineup. In the UK, Stellantis achieved a 14% market share in the same month – recording its highest monthly volume – with the best-selling B-segment car, the Vauxhall Corsa.

In the BEV market, Stellantis is growing rapidly, with a 41% increase compared to Q3 2022, capturing a 15.3% market share in Europe, and leading in various BEV segments. BEV sales are steadily increasing quarter by quarter, putting Stellantis second in the European rankings with over 87,000 BEV vehicles delivered in Q3. Models such as the Fiat 500e, Opel/Vauxhall Corsa electric, Peugeot e-208, Jeep Avenger and the entire BEV CV line-up (38% market share) boosted the Company’s performance; in particular, Stellantis clinched the top position in Germany’s electric car segment in September, taking a market share of nearly 23%.

“We’ve not just reduced the gap with the market leaders in Europe but surpassed them this past quarter in the BEV market”, said Uwe Hochgeschurtz, Stellantis Chief Operating Officer, Enlarged Europe. “In a dynamic and competitive environment marked by ongoing disruptions, we are showing resilience, efficiency, and agility by leveraging our unique product offer on the dedication of our employees and on the commitment of our dealer network. The momentum of our electrification has also been growing in October, and we are on track to double our all-electric model offering by the end of 2024, as part of our Dare Forward 2030 strategic plan. There is still a long road ahead, but we are poised for success on our journey together.”

Preliminary results for October in the EU29 show a 14% increase in registrations compared to last year, with a market share of around 19.1% for the month (+0.2 percentage points compared to September 2023) and 18.8% for the first ten months of the year. In the five key European countries, October sales are higher than last year: +21.3% in France, +28.9% in Germany, +18.2% in Italy, +6.4% in Spain, +6% in the UK. France, Italy, and Portugal lead in the total market, with France, Portugal, and Spain ahead in the electrified market. In the UK, Vauxhall is the #1 e-CV brand, and the Vauxhall Corsa, Mokka, and Vivaro Electric versions top their respective BEV segments. Stellantis had a strong October in Germany, with commercial vehicle sales nearly doubling, contributing to a record market share of 25.7%.

TAGGED:Dare Forward 2030Enlarged Europe OperationsQ3 2023StellantisStellantis Pro One

Sign Up For Daily Newsletter

Stay Updated! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp LinkedIn VKontakte Telegram Email Copy Link Print
Share
ByItumeleng Garebatshabe
Editor
Follow:
Itumeleng is the Managing Editor of The Auto Magazine. He is a tech and car enthusiast

Follow US

FacebookLike
XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow
TelegramFollow
Google NewsFollow
LinkedInFollow

You Might Also Like

Latest News

Stellantis Wins 2023 Automotive Business Award

By Itumeleng Garebatshabe
September 25, 2023
Latest News

Leasys and Free2move partnership to improve the management of company fleets

By Itumeleng Garebatshabe
January 23, 2024
Electric Vehicles

Free2move Charge and Stellantis Dealerships drive the expansion of EV fast charging stations in Europe

By Itumeleng Garebatshabe
December 5, 2023
L-R - Nqabakazi Gina National Director, SOS Children’s Villages in South Africa; Deidre du Plessis, Head of Corporate Communications, Stellantis South Africa
Latest News

SOS Children’s Villages and Stellantis empower driving skills

By Itumeleng Garebatshabe
April 10, 2025
Latest News

Stellantis Grows in European Total and Electrified Markets in the First Half of the Year

By Itumeleng Garebatshabe
July 10, 2024
Latest News

Stellantis Executes Successful First Employee Share Purchase Plan

By Itumeleng Garebatshabe
December 24, 2023

The Auto Magazine

  • Advertise
  • About Us
  • Contact
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
  • Bikes
  • Electric Vehicles
  • Trucks & Buses
  • Auto Shows
  • Latest News
  • Motosport

Crafted by Intellegere Media. All rights reserved. 2024

Don't not sell my personal information
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc.

Zero spam, Unsubscribe at any time.
adbanner