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Stellantis Italy sales down 15.9% in 2022

Stellantis Italy sales down 15.9% in 2022

Italian car market shrank 9.7% last year but up 21% in Dec

ROME, 02 January 2023, 18:16

Redazione ANSA

ANSACheck

© ANSA/EPA

© ANSA/EPA
© ANSA/EPA

Stellantis' Italy sales were down 15.9% in 2022, the carmaker said Monday.
    The Stellantis group registered 461,178 cars in Italy in 2022, a decrease of 15.9% compared to 2021. Their market share was 35.1% compared to 37.8% a year ago. In December, the group's registrations were 32.420, 2.3% more than the same month in 2021, with the share declined from 36.6% to 31.2%.
    Overall Italian car sales contracted by 9.7% in 2022 but rose by 21% in December, sector sources said.
    Stellantis N.V. is a multinational automotive manufacturing corporation formed in 2021 on the basis of a 50-50 cross-border merger between the Italian-American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group.
    The company is headquartered in Amsterdam.
    In terms of global vehicle sales in 2021, Stellantis was the world's fifth-largest automaker behind Toyota, Volkswagen, Hyundai, and General Motors.
    The primary listings for the company's stock are on Milan's Borsa Italiana and on Euronext Paris.
    The principal activity of Stellantis is the design, development, manufacture and sale of automobiles bearing its 16 brands of Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Fiat Professional, Jeep, Lancia, Maserati, Mopar, Opel, Peugeot, Ram, and Vauxhall.
    At the time of the merger, Stellantis had approximately 300,000 employees, a presence in more than 130 countries with manufacturing facilities in 30 countries.
   

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