Stellantis revenue falls 12% in Q1on lower shipments amid transition to new models

Stellantis’ Q1 revenue falls πŸ“‰ 12% on lower shipments as they gear up for new models. CFO Natalie Knight highlights inventory reduction to strengthen pricing πŸ’ͺ #Stellantis

Stellantis has been reducing inventories “to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions,” said CFO Natalie Knight.

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