Economy Country February 26, 2025

Stellantis Reports Decline in Sales

Stellantis, the automotive giant encompassing Fiat, Chrysler, Jeep, and Peugeot, announced a sales decline on Wednesday, signaling challenges in the market.


Stellantis Reports Decline in Sales

The large automotive company Stellantis, which unites such brands as Fiat, Chrysler, Jeep, and Peugeot, announced a decrease in sales and profits compared to the same period of the previous year. According to the company's representatives, this decline is related to supply chain issues regarding microchips and other materials, which led to the suspension of production at certain factories. "We are working closely with our suppliers to find solutions and minimize the impacts on our clients," noted Stellantis. Despite the decline in sales volume and profits, the company emphasized that it remains on track to achieve its financial goals for this year.