crashdrive| Stellantis fell about 8.5% Q1 net revenue fell 12% year-on-year, shipments fell 10%

Gelonghui April 30| Automobile manufacturer Stellantis(STLAcrashdrive.US) fell about 8crashdrive.5%, quoted at $22.8. Due to declining sales and foreign exchange impacts, Stellantis Q1 net revenue fell 12% year-on-year to 41.7 billion euros. Comprehensive shipments were 1.335 million units, a year-on-year decrease of 10%. The company said this reflectscrashdriveProduction actions and inventory management, as well as for the second half of the yearcrashdrivePreparation for new products. Natalie Knight, the company's chief financial officer, said it was difficult to compare shipments and net revenue year-on-year as the company was transitioning to a "next-generation product portfolio produced on a new platform."