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Full-Year Guidance Raised to ~10% Adjusted Operating Income(2) Margin
“I would like to thank warmly all #Stellantis employees for their outstanding focus on operational excellence and synergies execution that have led the Company to achieve very strong H1 financial results. While delivering this strong operational #performance the Company also made significant progress on strategic matters related to electrification acceleration and software, which are fundamental pillars of our strategy.”
Carlos Tavares, CEO
EV Strategy: Full speed ahead with the launch of 11 BEVs and 10 PHEVs over the next 24 months; fully-electrified LCV range in Europe, along with hydrogen fuel cell medium vans, by end of 2021; a third ‘gigafactory’ announced for Termoli (Italy); transformation of Ellesmere Port (UK) plant into the Company's first purely BEV factory from late 2022.
Innovative Partnerships Announced: With Archer to create vertical take-off vehicles and with Engie EPS to develop fast-charging networks.
North America: Record profitability, with record H1 Ram Global and U.S. retail sales. Jeep Wrangler 4xe the best-selling PHEV in the U.S for Q2 2021, following its launch in March 2021. Jeep is expanding market coverage with the forthcoming premium Grand Wagoneer and Wagoneer.
Enlarged Europe: Standalone CO2 compliance, H1 EU30 market share increased to 23.1%, with LCV leadership at 34.4% share. Peugeot #2 in EU30 with 7.1% H1 market share. Opel Corsa H1 segment leader in Germany and UK; Fiat H1 market leader in Italy, with 500e the #1 electric city car in ten countries.
Other Regions: H1 market leader in South America, with 23.6% share and Fiat Strada is Brazil’s top selling vehicle; H1 Middle East & Africa market share up 30 basis points to 11.9%.
Maserati: Back in the black with H1 Adjusted operating income(1) of €29 million and H1 market share up in all key markets.
Further information in the press release to download
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