Stellantis had a disappointing first quarter, but consumers have fallen in love with plug-in hybrid Jeeps
Stellantis reported a disappointing first quarter as net revenues dropped 12%. The company is expecting a brighter future as they’re gearing up to launch 25 new models. The Jeep Wrangler, Grand Cherokee, and Dodge Hornet are the best-selling plug-in hybrids in America. Stellantis reported their first quarter results and the numbers were rough as net revenues fell 12% to €41.7 billion.
8 Million Last Year, But Stellantis CEO Led The Way With $39 Million Stellantis Chief Financial Officer Natalie Knight addressed this as she said, “We are reducing inventories to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions.
Dodge Hornet Electric Vehicles Jeep Jeep Grand Cherokee Jeep Wrangler PHEV Stellantis
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