Brian McColl is a fundamental and technical analysis expert and mentor. Brian has been a part of the Forex and stock markets for more than ten years as a freelancing trader.
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Key Moments
Global shipments increased 12% year-on-year in the first quarter to an estimated 1.4 million vehicles.
North American quarterly shipments rose 17%, according to the company’s statement.
Shipments in Gulf Cooperation Council countries declined by more than half in the same period.
First-Quarter Global Performance
Stellantis reported that its worldwide vehicle shipments climbed 12% year-on-year in the first quarter, reaching an estimated 1.4 million units, according to a statement released on Wednesday.
Regional Shipment Dynamics
The company stated that quarterly shipments in North America advanced 17%, while deliveries in the Enlarged Europe region increased 12% over the same period.
In contrast, Stellantis indicated that shipments in Gulf Cooperation Council countries fell by more than half.
Shipment Changes by Region
Region
Quarterly Shipment Change (Year-on-Year)
Additional Detail
Global
+12%
Estimated 1.4 million vehicles
North America
+17%
As reported in the company statement
Enlarged Europe
+12%
As reported in the company statement
Gulf Cooperation Council countries
More than 50% decrease
Shipments declined by more than half
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