Stellantis Q3 Shipments Fall 1%, Weighed Down by North America Production Halt

3-line summary

• Stellantis shipped about 1.3 million vehicles in the third quarter, down 1% year-over-year, according to Investing.com, with a summer production halt at North American plants as the main drag — Jeep Grand Cherokee and Compass shipments each fell by about 25,000 units.
• By region: North America fell 12% to 357,000 units; Europe rose 10% to 588,000 units, including about 44,000 vehicles from Chinese partner Leapmotor, the only region to improve year-over-year; Middle East and Africa fell 21% to 75,000 units, hurt by weaker sales in Turkey and the Gulf Cooperation Council countries and regional conflict. Full third-quarter results are due October 28.

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