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-0.000756238971515027 -0.00126039828585826 0.00176455760020167 0.000756238971515027 0.00327703554323173 -0.000252079657171616 -0.00151247794303005 -0.000499117721199811
Stock impact report

Stellantis (STLA) Q2 US Sales Fall Despite Strategic Shifts [Yahoo! Finance]

Stellantis N.V. Common Shares (STLA) 
Company Research Source: Yahoo! Finance
The company, which owns Jeep, Ram, Chrysler, Dodge and Fiat, saw a more substantial decline compared with previous periods. STLA last reported a quarterly sales increase in the second quarter of 2023. In the second quarter of 2024, Stellantis reported U.S. sales of 344,993 vehicles, representing a 21% decrease from the 434,648 units sold in the year-ago period. Among STLA's U.S. brands, only the low-volume Fiat and Alfa Romeo showed a year-over-year sales rise in the second quarter. The sales of Jeep, Ram, Chrysler and Dodge decreased 19%, 26%, 19% and 17%, respectively, compared with the same period in 2023. Alfa Romeo sales rose 8% year over year. Fiat sold 316 vehicles compared with 144 sold in the year-ago quarter. The Jeep Wagoneer and Grand Wagoneer, more expensive and profitable models of Stellantis, saw substantial year-over-year sales growth, with an increase of 107% and 24%, respectively. Moreover, retail sales for the Jeep Wrangler, Grand Cherokee and Compass models r Show less Read more
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