With the European automotive market declining by 12.3% in the first quarter of the year (Q1, 2022), Stellantis confirmed its strong position in both Passenger Cars and Light Commercial Vehicles (LCV) with a market share of 21% and 1st place in key markets (France, Italy, Spain, Portugal, Belgium and Greece).
In Q1 2022 Peugeot and Citroën are in the top 10 brands, while Stellantis has 5 models in the top 10 (Peugeot 208, Citroën C3, Peugeot 2008, Opel/Vauxhall Corsa and Fiat Panda), with the Peugeot 208 being the most popular car in Europe.
At the same time, Stellantis confirms its leading position in the European LCV market with a market share of 34%, which reflects sales of 145,000 vehicles in the first quarter.
A little more than a year after its creation, Stellantis confirms its leadership in the automotive industry and continues its path towards the energy transition, aiming to ensure mobility for all while achieving this with respect for the environment, with Europe playing a key role in the Group's strategic plan, "Dare Forward 2030".
Stellantis' high penetration of the low emission vehicle (LEV) market
In the Low Emission Vehicle (LEV), Passenger Vehicles and LCV market, Stellantis is the leader in Q1 2022 in key European markets such as Italy (35.7% market share), France (30.3%), Spain (21.8%) and Poland (14.9%). In the same period, the Group is the leader in LEV sales of light commercial vehicles in the EU30 with a market share of 44.5%.
The new all-electric FIAT 500 and the electrified versions of the Peugeot 3008 and Peugeot 208 with total sales of more than 34,000 units in the first quarter of the year confirm their position among the most popular LEVs in Europe. In particular, in Q1 2022 the new 500 is the 3rd most popular pure electric vehicle in Europe (1st in Greece) and the Peugeot 3008 is the 3rd PHEV, while the Compass is the 2nd most popular PHEV in Greece (1st in PHEV 4×4).
This is a strong indication for Stellantis in Europe that it is on track to achieve 100% of its registrations consisting of all-electric vehicles by the end of the decade. Since the creation of the Group almost a year ago, there has been a strong focus on electrification as a guarantee to democratise travel and protect the planet for future generations.
"Our strategic goal for electrification is based on investing more than €30 billion globally from 2021 to 2025 in electrification and software solutions, with the aim of achieving emissions neutrality by 2038. The strategy includes launching models that are increasingly environmentally friendly and partnerships to find solutions that meet our customers' needs and create sustainable circular economies," commented Maxime Picat, Chief Operating Office Enlarged Europe at Stellantis.
