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Stellantis Q1 2023 results

Stellantis has benefited from a strong pricing environment which helped revenue growth to outpace that of sales, writes Jonathan Storey

Like Renault, Stellantis does not report profit quarterly, just sales and revenue. For Q1 2023 it reported a 7% rise in consolidated shipments to 1.476 million units, with all major regions (North America, Europe, Middle East & Africa, South America, China & Asia-Pacific and Maserati) contributing to the rise. The company also reports a figure for 'combined shipments' which includes sales by non-consolidated joint ventures and this rose by 8% to 1.538 million units.

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