1 March 2024
1 March 2024, Comments Comments Off on Stellantis Pro One division on track for global leadership in commercial vehicles by 2027
Stellantis Pro One division on track for global leadership in commercial vehicles by 2027

The Stellantis Pro One commercial vehicles division accounting for one-third of the €189.5 billion net revenue reported by Stellantis in 2023, underlining its strength in global markets and putting it on track for its Dare Forward 2030 strategic plan to achieve global leadership in commercial vehicles by 2027 .

Stellantis Pro One achieved the No. 1 position in light commercial vehicles in South America in 2023 and the No. 2 position in the Middle East & Africa with a gain of seven percentage points.

In the key North America market, Stellantis Pro One rose to the No. 2 position in the van segment with a 20% market share, and a No. 3 overall position in the region. This gives it a solid base for growth as Stellantis expands its commercial vehicle offerings in the region, including the launch of the Ram ProMaster BEV and the 2025 Ram 1500 pickup.

“Our performance in 2023 reaffirms that Stellantis Pro One is a keystone of Stellantis business around the world,” said Xavier Peugeot, Stellantis Senior Vice President, Commercial Vehicles Business. “Propelled by the renewal of our entire van lineup and the widest offering of electrified propulsion, Stellantis Pro One is determined to be the most customer-focused product of choice. It is our customers who will drive us to our goal of market leadership by 2027.”

In Europe, Stellantis Pro One lead the commercial vehicle sector with a market share of more than 30% and sales growth of 15% vs. 2022. This included a BEV leadership with 38.8% market share. It was no. 1 in France with a 38.8% share, in Italy with a 45.5% share and Spain with a 35.2% share.

In North America, the Ram brand gained 1.3 percentage points in van market share to 20% and was No. 3 in region with 14.8% market share. In Mexico, the Peugeot Partner/Rifter topped the small van segment with 57% market share, up from No. 2 in 2022.

In South America, Stellantis Pro One had a 28.6% market share and is the market leader in van and pickup sales in the region, with 33.7% and 30.6% share, respectively. FIAT is the leading LCV brand in the region with 22.6% share.

Stellantis Pro One includes the Citroën, FIAT Professional, Opel, Peugeot, Ram and Vauxhall brands. In the Dare Forward 2030 strategic plan, Stellantis Pro One targets a doubling of revenues, a 40% electric vehicle mix with battery, hydrogen fuel-cell and range-extending propulsion technologies, over-the-air update capabilities for each new vehicle from 2026, a suite of connected services dedicated to improving business customer efficiency, and innovative autonomous solutions.

As such, Stellantis Pro One will strongly contribute to achievement of the Dare Forward 2030 objectives to reach a 100% passenger car BEV sales mix in Europe and 50% passenger car and light-duty truck BEV sales mix in the United States by 2030.