
Stellantis, one of the world's largest automotive groups, announced that a little more than a year after its birth (a combination of PSA and FCA), it managed to accelerate its Low Emission Vehicle (LEV) sales momentum in Europe.
The company notes that the general situation in Europe (EU30 countries, defined as 27 European Union countries excluding Malta, plus Iceland, Norway, Switzerland and the UK) is challenging. In Q1 2022, the overall vehicle market was down 12.3% year-over-year.