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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

Stellantis reports slump in car sales as European demand falls

Stellantis European Union Europe FIAT Carlos Tavares Chrysler Peugeot BYD electric vehicle
Shiny, liveried red car parked
A Fiat 600, official car of the 19th Rome film festival, at the Auditorium Parco Della Musica this week. Photograph: Ernesto S Ruscio/Getty Images for Stellantis

The owner of car brands including Fiat, Chrysler and Peugeot has reported a steep fall in sales, blaming production delays and flagging European demand.

Stellantis reported revenues on Thursday of €33bn (£27.6bn) for the July to September quarter, a drop of 27% compared with the same period a year earlier.

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