Stellantis breaks all its profitability records once again

Posted Jul 28, 2022, 8:34 AMUpdated on Jul 28, 2022 at 11:29

Crisis, which crisis ? Despite persistent production difficulties, Stellantis once again broke its profit record in the first half, with a net profit of eight billion euros, up 34% year on year. The operating margin rose from 11.4% to 14.1%, the same level as that of Mercedes, an exceptional performance for a general car manufacturer.

In a context still disturbed by the difficulties in supplying semiconductors , the group resulting from the merger between PSA and Fiat-Chrysler has yet seen its sales drop by 7% in volume worldwide. He managed this shortage by prioritizing the North American market, where he generates the highest margins.

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