Stellantis vehicle shipments rise 10% in the second quarter led by North America

Stellantis reported preliminary Q2 vehicle shipments up 10% year over year to nearly 1.6 million units, supported by strong demand in North America. The update is a modest positive read-through for near-term revenue momentum, likely to underpin sentiment for the stock.

Analysis

Stellantis reported preliminary Q2 vehicle shipments up 10% year over year to nearly 1.6 million units, supported by strong demand in North America. The update is a modest positive read-through for near-term revenue momentum, likely to underpin sentiment for the stock.