Currently reading: Stellantis posts record half-year results despite global shortages

Automotive group posted net revenues of €88 billion, up 17% compared with the first half of 2021

Stellantis has achieved record half-year financial results despite the ongoing shortage of semiconductors and raw materials, following an acceleration in sales of hybrids and EVs. 

The automotive conglomerate – which comprises AbarthAlfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat,  Jeep, Lancia, Opel, PeugeotMaserati, Ram and Vauxhall – posted net revenues of €88 billion, up 17% on the first half of 2021.

It also achieved a net profit figure of around €8bn, an increase of 34% year on year, and adjusted its operating income to €12.4bn, a growth of 44%.  

Despite the growth, its deliveries of new cars in Europe dropped by 18%.

Register for free to access this article
  • Instant access to all Autocar Business news
  • Regular email newsletters
See all benefits here