Stellantis reports slump in car sales as European demand falls

Owner of Fiat, Chrysler and Peugeot brands pushes back against rules that force sale of more electric vehiclesBusiness live – latest updatesThe owner of car brands including Fiat, Chrysler and Peugeot has reported a steep fall in sales, blaming production delays and flagging European demand.Stellantis reported revenues on Thursday of €33bn (£27.6bn) for the July to September quarter, a drop of 27% compared with the same period a year earlier. Continue reading…



Source link : https://www.theguardian.com/business/2024/oct/31/stellantis-sell-fewer-cars-lower-demand-europe-electric

Author : Jasper Jolly

Publish date : 2024-10-31 15:08:56

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