May 19, 2024

STELLANTIS MIDDLE EAST & AFRICA FIRST HALF 2023 RESULTS SHOWCASE STRONG GROWTH AND MARKET LEADERSHIP ASPIRATIONS

 STELLANTIS MIDDLE EAST & AFRICA FIRST HALF 2023 RESULTS SHOWCASE STRONG GROWTH AND MARKET LEADERSHIP ASPIRATIONS

Following the announcement of Stellantis’ global first half 2023 results, Stellantis Middle East and Africa (MEA) proudly presents its first half 2023 results, delivering outstanding performance and reinforcing its position as the fastest growing and most profitable region, achieving strong market share growth of 15.1% in H1 2023.

Samir Cherfan

For the first time, the MEA region secures the second position in the market, clearly making progress towards its goal to become the market leader in the MEA region by 2030.

The MEA region reported a net revenue of €4.7 billion, witnessing an impressive 54% increase, and an Adjusted Operating Income (AOI) of €1.2 billion, a staggering 689% rise compared to H1 2022.

Stellantis MEA’s outstanding performance in the first half of this year supports its long-term sustainability and ability to achieve the bold ambitions of its Dare Forward 2030 plan across the region.

Please join us in viewing this message from Samir Cherfan, Chief Operating Officer of Stellantis Middle East and Africa.