STELLANTIS Group is an automaker formed by the merger of PSA Group and Fiat Chrysler Group (FCA) in a 50:50 share ratio. It was established on January 16, 2021, and it's exactly one week ago.
On February 23, 2022, stellantis Group announced that for the full year 2021, Stellantis Group's global new car sales in 2021 will eventually be 6.14 million units, an increase of 3% over 2020. Achieved a net profit of EUR 13.4 billion, approximately three times the previous year, and a profit of 11.8 percent.
Stellantis released its earnings report, sharing its record 2021 results. The company's net sales in 2021 were 152 billion euros, an increase of 14% year-on-year, and adjusted operating income was more than doubled by 18 billion euros. Net income also increased significantly to €13.4 billion, more than tripling.
These results come from the brand's focus on accelerating synergy through mergers and building solid business performance from day one.
Last year, Stellantis expanded its product diversity with more than 10 new models. Citroen C4, Fiat Pulse, DS 4, Jeep Grand Cherokee, Jeep Wagoneer, Maserati MC20, Opel Mocha, Opel Lax-e, Peugeot 308 and more.
In addition, the company sold 388,000 low-emission vehicles in the global market in 2021, an increase of 160% over the previous year, through the lineup of 34 low-emission vehicles (LEV) on the market, including hydrogen fuel cell medium-sized vehicles. Among the EU30 countries, it ranks first in sales of battery electric vans. In addition, in the 30 countries of the European Union and Latin America, it consolidated its leading position in the commercial vehicle market, setting a record high of about 1 million pickup trucks.
Stellantis also details regional performance. In North America, the new Jeep Wrangler 4xe model was named the best-selling plug-in hybrid electric vehicle (PHEV) in U.S. retail in 2021, and in South America, stellantis has a market share of 22.9%. It accounts for 30.9% of the commercial vehicle market.
In Europe, it accounted for 33.7% of the commercial vehicle market in 2021, with the Peugeot 208 and 2008 becoming best-selling models in various segments. Shipments in the Middle East and Africa region increased by 6 percent, with a year-over-year increase in its share of most major markets.
In India and the Asia-Pacific region, the new Citroen C3 developed and manufactured in India is preparing to be launched. China's Dongfeng Peugeot Citroen Automobile Co., Ltd. sold 100,000 vehicles, doubling its annual sales compared to 2020. But the Chinese market's share of Stellantis' global sales is too low.