Market Insights – Cox Automotive Inc.

Cox Automotive Analysis: Stellantis’ Q4 2023 Market Performance 02/14/2024 After the six-week strike by the UAW ended, Stellantis estimated that it lost about $3 billion in revenue and less than $800 million in profits. That is less than the losses experienced by General Motors and Ford. The actual numbers will be revealed when Stellantis reports earnings for the second half and full year 2023 on Thursday, February 15. In the U.S., Stellantis’ sales slipped 1%… Read Article

Stellantis market performance Market Insights Data Point

Cox Automotive Analysis: Stellantis’ Q3 2023 Market Performance 10/30/2023 Stellantis reports global deliveries and revenues on Oct. 31 and will be grilled by analysts about the impact the UAW strike had on its operating profit, which will take the biggest hit in the fourth quarter. The UAW went on strike against GM, Ford and Stellantis on Sept. 15, taking down one assembly plant for each automaker in the beginning. For Stellantis, the Toledo, Ohio, plant… Read Article

Stellantis market performance Market Insights Data Point

Cox Automotive Analysis: Stellantis’ Q2 2023 Market Performance 07/25/2023 Stellantis posts financial results before the stock market opens Wednesday, July 26. Unlike other automakers that report quarterly earnings, Stellantis provides an update every six months. As Cox Automotive’s Industry Insights team provided quarterly updates on sales, pricing and incentives for the largest automakers each quarter, we are including Stellantis’ numbers for the second quarter in the U.S. for comparison. Stellantis broke its sales slump… Read Article

Stellantis market performance Market Insights Data Point

Cox Automotive Analysis: Stellantis’ Q1 2023 Market Performance 05/02/2023 Stellantis is struggling in the U.S., one of its most important markets, with bloated inventories and underperforming sales. How that impacts the overall company will be revealed—in part—on Wednesday, May 3, when the automaker reports its shipments and revenues. The automaker will not post full financial results as it only does so every six months. In the first quarter, despite an overabundance of inventory across most… Read Article

Stellantis market performance Market Insights Data Point

Cox Automotive Analysis: Stellantis’ Q4 2022 Market Performance 02/21/2023 Stellantis has steered skillfully through the global computer chip shortage, maintaining the most abundant vehicle inventory in the U.S. auto industry for the past year while other automakers struggled with skimpy supply. Still, Stellantis posted a decline in U.S. sales in the fourth quarter while also cutting incentives. Its average transaction price rose to over $55,000, thanks mostly to a pair of pricey new Jeeps and… Read Article

Stellantis market performance Market Insights Data Point

Cox Automotive Analysis: Stellantis’ Q3 2022 Market Performance 11/01/2022 Stellantis has steered through the global computer chip shortage, maintaining the most abundant vehicle inventory in the U.S. industry for the past year while other automakers struggled with skimpy supply. Still, Stellantis posted a decline in U.S. sales in the third quarter, while incentives were more than twice the industrywide average. Its average transaction price rose significantly to nearly $55,000, thanks mostly to a pair of… Read Article

Stellantis market performance Market Insights Data Point

Cox Automotive Analysis: Stellantis’ Q2 2022 Market Performance 07/27/2022 Stellantis, parent company to Jeep, Ram and a host of other brands, will report quarterly earnings before the stock market opens on Thursday, July 28. The quarterly results will indicate how well the automaker is managing the chip shortage and other supply chain disruptions. In Europe, an Italian labor union warned that the automaker could lose 200,000 units of production this year to the chip shortage.… Read Article

Stellantis market performance Market Insights Data Point

Cox Automotive Analysis: Stellantis’ Q1 2022 Market Performance 05/03/2022 Stellantis posts first-quarter 2022 financial results before the U.S. stock market opens on Thursday, May 5. In its important U.S. market, Stellantis sales fell less than the overall market because it had more inventory than many competitors. The high-volume, most profitable brands – Jeep and Ram – significantly outperformed in sales. At the same time, Stellantis slashed incentives to levels substantially lower than seen in years,… Read Article

Stellantis market performance Market Insights Data Point

Cox Automotive Analysis: Stellantis’ Q3 2021 Market Performance 10/27/2021 Stellantis reports third-quarter 2021 financial results on the morning of Thursday, October 28. The earnings of the company formed early this year with the combination of PSA Group (Peugeot) and Fiat Chrysler will reflect the impact of the global computer chip shortage. In Europe, where Stellantis is headquartered, the automaker was forced to make many production cuts and is in the process of rearranging products and… Read Article

Stellantis market performance Market Insights Data Point

Cox Automotive Analysis: Stellantis’ Q2 2021 U.S. Market Performance 08/02/2021 Stellantis reports second-quarter 2021 financial results Tuesday, Aug. 3. Formed by the merger of Fiat Chrysler and PSA (Peugeot) Group early this year, Stellantis posted higher U.S. sales in the quarter, though its increase was less than the overall market. Still, Stellantis, usually a big spender, slashed incentives by a third and experienced new highs for average transaction prices overall as well as for some brands… Read Article

Stellantis Market Insights Data Point