Stellantis grew to be a major manufacturer in Europe and the United States with the merger of PSA Peugeot-Citroen and FCA Fiat-Chrysler. It’s no surprise that Stellantis leads the automakers with a market share of 23.6 percent in the Passenger Cars and Light Commercial Vehicles sector in Q1 2021.
In a market that is growing at a modest pace of 3.8 percent in Europe, Stellantis’ results are above average, with a gain in sales of 10.8 percent year on year, with 854,151 vehicles registered on a total market of 3,619,749 vehicles in Europe.
In the first quarter of 2021, the Peugeot 208 B-segment leads the European Top 10, which also includes Stellantis, the Citroen C3 supermini and the Peugeot 2008 subcompact compact crossover SUV. Fiat Panda city car and Fiat New 500 EV top the City Cars (A category) with more than 38 percent.
Furthermore, on the road to electrifying the European market, the Peugeot 208 and the Fiat New 500 are among the top three electric vehicles in their respective segments.
Almost all of Europe’s major countries are experiencing market growth, including Austria (+22.1 percent), France (+17.6 percent), Germany (+4.3 percent), and Italy (+27.2 percent), with Stellantis leading the way in Belgium (25.2 percent Market Share), France (37.7 percent), Greece (28.8 percent), Hungary (16.9 percent), Lithuania (40.7 percent), Italy (41.3 percent), Portugal (34.3 percent), and Spain (28.9 percent).
Stellantis is also leading the European Light Commercial Vehicles (LCV) market with a 34.3 percent market share, representing more than 184,000 vehicles registered in Q1 2021.Source: Stellantis