Stellantis Pro One: Leading the Global Commercial Vehicle Market in 2023 and Beyond

2024-02-28 13:03:40

AMSTERDAM – The Stellantis Pro One offensive for commercial vehicles has delivered exceptional results in 2023, accounting for a third of the €189.5 billion net revenue Stellantis announced for this year. This performance highlights Stellantis Pro One’s strength in international markets and puts it on track to lead the global commercial vehicle market by 2027 and achieve the goals set out in the Dare Forward 2030 strategic plan.

Building on its leadership in the commercial vehicle and BEV market in Europe 30, Stellantis Pro One occupies 1st place in the light commercial vehicle (LCV) market in South America in 2023 and 2nd place in the Middle East & region. Africa, with a gain of 7 percentage points.

We are also seeing an increase in sales of “one-ton pick-ups” in the “third engine”, which includes South America, the Middle East & Africa region, India and Asia-Pacific, and which represents a major source of revenue for Stellantis.

In North America, a key market for the group, Stellantis Pro One rose to 2nd place in the utility vehicle segment with 20% market share, and to 3rd place in the entire region. These figures provide Stellantis with a solid growth base for the development of its utility vehicle range in the region, including the launch of the Ram ProMaster BEV and the 2025 Ram 1500 REV pickup.

“Our 2023 results reaffirm Stellantis Pro One’s place as a keystone of Stellantis’ activities worldwide,” said Xavier Peugeot, Senior Vice President of Stellantis Commercial Vehicles Business Unit. “Energized by the renewal of the complete range of utility vehicles and the largest portfolio of electric engines, Stellantis Pro One is determined to put the customer at the heart of its action. It is our customers who will enable us to achieve our leadership objective by 2027.”

Some figures by region:

Europe :

  • Stellantis confirms its position as undisputed leader in the utility vehicle market with more than 30% market share and a 15% increase in sales compared to 2022,
  • Leader in the BEV segment with 38.8% market share,
  • Number 1 in France with 38.8% market share, in Italy with a market share of 45.5% and in Spain with 35.2% market share,
  • Leader in the BEV segment in Italy with 47.5% market share, in Germany with 28.2% market share (+5.5 points compared to 2022), and in the United Kingdom with 47.9% of market share and in Spain with a market share of 48.9% and in France with a market share of 44.5%.

India and Asia-Pacific:

  • The Ram brand records record sales in Australia, up +13% compared to 2022,
  • Fiat Professional achieves record sales in the region, up 86%, boosted by motorhome sales in Australia and Japan.

Middle East and Africa:

  • Record market share at 21.8%, up 7 percentage points compared to 2022,
  • Market leader in the region, including Turkey, Algeria, Israel and Tunisia,
  • Launch of the Fiat Professional brand in Algeria.

North America :

  • The Ram brand gains 1.3 percentage points in the utility vehicle segment to reach 20% market share,
  • Ram is No. 3 in the region with 14.8% market share,
  • In Mexico, Peugeot Partner / Rifter is at the top of the small utility vehicle segment with 57% market share, following being No. 2 in 2022.

South America :

  • Leader in the light utility vehicle segment with 28.6% market share,
  • Leader in the utility vehicle and pick-up segment in the region, with 33.7% and 30.6% market share respectively,
  • FIAT leads LCVs in the region with 22.6% market share.

About Stellantis Pro One

Aimed to lead the global commercial vehicle market, Stellantis Pro One offers the most efficient product range, 20,000 dedicated touch points and highly competitive services, to enable the brands Citroën, FIAT Professional, Opel, Peugeot, Ram and Vauxhall to offer exceptional solutions to their professional customers. Stellantis Pro One is one of the seven expanding business units presented in the Dare Forward 2030 strategic plan. Its objectives: double its turnover, reach 40% of electric vehicle sales, offer propulsion powered by hydrogen fuel cells with increased autonomy, over-the-air update capabilities for every new vehicle marketed from 2026, a suite of connected services designed to improve the efficiency of professional customers and innovative solutions for autonomous driving . Thus, Stellantis Pro One will significantly contribute to the objectives of the Dare Forward 2030 strategic plan to achieve 100% of battery electric vehicle (BEV) sales for passenger cars in Europe and 50% of BEV sales for passenger cars and pick-up trucks. -up in the United States by 2030. Stellantis Pro One fully participates in the company’s ambition to become a carbon neutral company by 2038, across all fields of application, with a percentage of emissions offset single-digit residuals.

About Stellantis

Stellantis NV (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world’s leading automobile manufacturers, dedicated to providing the freedom of clean, safe and affordable mobility for all. Known for its unique portfolio of iconic and innovative brands, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is today implementing its bold Dare Forward 2030 strategic plan, in order to become a mobility ‘tech company’ and achieve carbon neutrality by 2038, with a percentage of compensation for residual emissions at a single figure, while creating added value for all stakeholders. To learn more, www.stellantis.com.

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