Stellantis said its revenue grew 14 percent in the first quarter on higher shipments, favored by an improvement in semiconductor supply, and strong net pricing power.
Net revenues amounted to 47.2 billion euros ($52 billion) in the January-March period, topping analyst expectations of 45.5 billion euros. Consolidated shipments were up 7 percent in the quarter to 1.48 million units, Stellantis said.
“A better fulfilment of semiconductor orders is slowly but surely improving our…
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