Stellantis is raising production of Citroëns thanks to higher-than-expected demand for the C3 city car with the French brand overcoming quality snags and gaps in the product pipeline https://t.co/1ghsmhAEWD ...

Core Insights - Stellantis reported an estimated consolidated shipment of 1.3 million units for Q3 2025, marking a 13% year-over-year increase [2][3][6] - The significant growth was primarily driven by North America, which saw a 35% increase in shipments [2][6] - Other regions, including Enlarged Europe and Middle East & Africa, also contributed to the overall growth, while South America experienced a slight decline [2][6] Shipment Breakdown - Consolidated shipments for Q3 2025: 1,300 thousand units, up from 1,148 thousand units in Q3 2024, a change of 152 thousand units [3] - North America shipments: 403 thousand units, an increase of 104 thousand units (35%) compared to Q3 2024 [3][6] - Enlarged Europe shipments: 534 thousand units, an increase of 38 thousand units (8%) year-over-year [3][6] - Middle East & Africa shipments: 94 thousand units, up 16 thousand units (21%) year-over-year [3][6] - South America shipments: 252 thousand units, a decrease of 7 thousand units (3%) year-over-year [3][6] - China and India & Asia shipments: 14 thousand units, an increase of 1 thousand units (7%) [3][6] - Maserati shipments: 1.7 thousand units, a decrease of 0.4 thousand units (19%) [3][6] Regional Performance - North America showed a strong rebound, attributed to normalized inventory dynamics and initial deliveries of new models [6] - Enlarged Europe’s growth was driven by the production of new B-segment vehicles, despite lower shipments of Light Commercial Vehicles [6] - Middle East & Africa's growth was primarily due to increased local production in Algeria and positive market conditions in Türkiye and Egypt [6] - South America’s decline was influenced by a high comparison base from the previous year due to shipment recovery after a flood [6]

Summary of Stellantis Conference Call Company Overview - **Company**: Stellantis - **CEO**: Antonio Filosa, appointed less than three months ago, has over 26 years of experience within the company [2][4] Key Priorities - **Business Growth**: Focus on new product launches, particularly in North America, where market share has declined from 12% to around 7% due to phasing out key nameplates [5][6] - **Flawless Industrial Execution**: Emphasis on improving operational efficiency and inventory management [10] - **Increased Profits**: Aim for visible improvement in business indicators on a quarterly basis [4] Product Launches - **New Product Actions**: - Return of the Hemi V8 engine in Ram 1500, with over 40,000 orders received shortly after announcement [6] - Introduction of the Dodge Charger with an internal combustion engine and a new Jeep Cherokee [6][12] - Plans for a Ram midsize pickup truck to fill a gap in the market [8] Inventory Management - **Dealer Inventory**: Significant reduction in aged inventory, with a focus on new and refreshed models for 2024 and 2025 [9][10] Market Expectations - **Jeep Cherokee Sales**: Anticipated to sell between 100,000 to 200,000 units annually, returning to a significant segment of the market [11][12] - **Financial Services**: Development of a financial services unit in North America expected to drive additional demand as interest rates stabilize [15] Regulatory Environment - **Tariffs and U.S. Administration**: Ongoing discussions with the U.S. administration regarding tariffs and incentives for U.S.-built vehicles [17][18] - **European Regulations**: Concerns over CO2 emission targets deemed unattainable, with suggestions for flexibility in regulations to stimulate demand [24][25] Collaboration and Synergies - **Leapmotor Partnership**: Successful collaboration with Leapmotor, which has seen significant growth in sales and aims to expand into new markets [29][30] Regional Performance - **Latin America**: Stellantis holds a 24% market share, nearly double that of the second player, with a strong focus on localization and understanding consumer needs [36][37] - **Middle East and Africa**: Plans for increased localization and product offerings to enhance market presence [37][38] Financial Outlook - **Cash Flow Management**: Aiming for gradual improvement in cash generation and profitability, with a focus on increasing revenue [40][41] - **Dealer Relationships**: Efforts to restore relationships with dealers after previous management issues, with positive reception of new products [44][48] Future Product Development - **Midsize Truck and REV**: Plans to introduce a Ram 1500 REV and a new midsize truck by 2027, with a focus on performance and market competitiveness [53][56] Conclusion - **Overall Strategy**: Stellantis is focused on revitalizing its product lineup, improving operational efficiency, and navigating regulatory challenges while maintaining strong market positions in key regions [4][24][36]