Stellantis Q3 sales up 29% as better chip supplies lift shipments


FILE PHOTO: The logo of Stellantis is seen on a company's building in Velizy-Villacoublay near Paris, France, May 5, 2021. REUTERS/Gonzalo Fuentes

MILAN (Reuters) - Sales at Stellantis rose 29% in the third quarter, helped by higher volumes amid improved semiconductor supplies, the world's fourth-largest carmaker said in a statement on Thursday.

Net revenues amounted to 42.1 billion euros ($41.3 billion)in the July-September period, topping analyst expectations of 40.9 billion euros, according to a Reuters poll.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Single and looking for love in Terengganu? The state govt is working on a dating app just for you
A game designer who wants to see ideas he’ll hate
Company aims to offer 30-minute luxury tours in passenger drones high above Hong Kong
Nintendo’s next console will play current Switch games
Nintendo chief insists the Switch momentum will keep going, even after its successor
Germany's TeamViewer trims revenue forecast on FX headwinds
South Korea fines Meta US$15mil for illegally collecting information on Facebook users
China influencer adopts pig feed diet costing 40 US cents to save money, raising health concerns
Elon Musk is sued over US$1mil election giveaway
Researchers: Meta struggles to curb hate speech before US vote

Others Also Read