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Birmingham Post
Birmingham Post
Business
Jon Robinson

Sales near €90bn at Vauxhall, Peugeot and Alfa Romeo maker Stellantis

Revenue accelerated to almost €90bn at the car giant behind the likes of Vauxhall, Peugeot and Alfa Romeo during the first half of its financial year.

Stellantis, whose brands also include Chrysler, Jeep, Opel, Fiat and Maserati, has posted a revenue of €88bn, a rise of 17%.

Its adjusted operating income also rose 44% to €12.4bn while its net profits increased 34% to €8bn.

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One of the company's main UK factories is based in Ellesmere Port.

Chief executive Carlos Tavares said: "In a demanding global context, we continue to ‘Dare Forward’, delivering an outstanding performance and executing our bold electrification strategy.

"Together with our employees’ resiliency, agility and entrepreneurial mindset, and our innovative partners, we are shaping Stellantis into a sustainable mobility tech company that’s fit for the future.

"I would like to express my sincere appreciation to all Stellantis employees for their commitment and their contribution to these results."

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