Stellantis Achieves Success In Europe With A Spike In BEV Sales

Fiat 500e. (Doc. Stellantis)

JAKARTA - Automotive giant Stellantis continues to record positive developments in 2024. In the first five months, they managed to secure a market share of 18.5 percent, with an increase in sales of 1.8 percent compared to last year.

This positive development is reinforced by their strong position in key markets such as France, Italy, Portugal and Spain. This trend is clearly evident from the brand's footing in each country.

According to a manufacturer's release, quoted Tuesday, June 11, on the French market, Stellantis experienced a 3 percent sales surge. This increase was driven by popular models such as Peugeot 208, 308, 2008, and Citroen C3. In Italy, the company has a market share of 33.4 percent thanks to Fiat Panda's long-lasting appeal and impressive performance of other models such as Citroen C3, Lancia Ypsilon, Jeepvenger, and Opel Corsa.

Not only passenger cars, Stellantis also recorded an increase of 7 percent year-on-year for Pro One Commercial Vehicles business units. They managed to maintain market leadership every year with a share of more than 29 percent.

"Our results highlight the strong performance of our variety of products, including electric vehicles that customers like because of their design, performance, and driving pleasure," said Stellantis Enlarged Europe Chief Operating Officer, Uwe Hochgeschurtz.

Although the electric vehicle market (BEV) may experience a slowdown, Stellantis remains unaffected, with a market share of 13.8 percent. The company's electric vehicle took the lead in France, with sales soaring 56 percent to reach a 37.9 percent market share. Popular models such as Peugeot E-208 and Fiat 500e have contributed greatly to this success.

Stellantis' push towards sustainability does not stop at new vehicles. The company is expanding its electric vehicle offerings, contributing to a remarkable 140 percent increase in sales of low-emission vehicles in several European countries.

"We are committed to utilizing brand synergies and improving unique sales propositions, by always eyeing the top spot," Hochgeschurtz said.