Stellantis has achieved record half-year financial results despite the ongoing shortage of semiconductors and raw materials, following an acceleration in sales of hybrids and EVs.
The automotive conglomerate – which comprises Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Fiat, Jeep, Lancia, Opel, Peugeot, Maserati, Ram and Vauxhall – posted net revenues of €88 billion, up 17% on the first half of 2021.
It also achieved a net profit figure of around €8bn, an increase of 34% year on year, and adjusted its operating income to €12.4bn, a growth of 44%.
Despite the growth, its deliveries of new cars in Europe dropped by 18%.
