Applause in Amsterdam Opel Parent Stellantis Has Emerged from the Trough

Source: dpa | Translated by AI 1 min Reading Time

The automaker Stellantis, also known as the Opel parent company, pulled itself out of the slump in the second quarter of 2026 after the drop in sales figures ...

Stellantis has momentum again after the automotive mix company experienced severe slumps. However, its commitment in Europe will be reduced ...(Image: Stellantis)
Stellantis has momentum again after the automotive mix company experienced severe slumps. However, its commitment in Europe will be reduced ...
(Image: Stellantis)

Stellantis' sales increased overall by ten percent (to 1.6 million vehicles) compared to the weak previous year, as the Opel parent company from Amsterdam reports with regard to preliminary estimates. A significant boost in North America (38 percent) primarily broke the slump. Particularly new or at least refreshed models with additional drive variants were well-received by customers. In Europe, the largest market by volume, sales rose by five percent. The group, with Italian, French, and American roots (including Fiat, Peugeot, Chrysler), had faced severe difficulties in its most lucrative market, the USA, in recent years.

Stellantis Focuses on the USA and Scales Down European Activities

Apart from self-inflicted issues such as overproduction and falling prices, the political U-turn on electric cars by US President Donald Trump also dampened Stellantis' business. This resulted in a record loss of a hefty 22.3 billion euros (approx. $23.9 billion) last year, primarily due to high write-offs on discontinued platforms and models. The new Stellantis CEO, Antonio Filosa, is now refocusing on combustion engines in the US, particularly for the large SUVs and pickups of the Ram and Jeep brands. Overall, he plans to concentrate most investments on the core brands Jeep, Ram, Peugeot, and Fiat. As part of this strategy, the European division of the VW rival is set to shrink overall. Production capacities will be reduced.

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