Stellantis Confirms 2023 Guidance After First-Quarter Revenue Jump

The logo of Stellantis is seen on a company’s building in Velizy-Villacoublay near Paris, France, February 23, 2022. Photo: GONZALO FUENTES/REUTERS

Stellantis on Wednesday confirmed its 2023 guidance after reporting a rise in revenue on more shipments and higher net pricing for the first quarter.

The Netherlands-based maker of Jeep, Dodge, Peugeot and other brands recorded 47.2 billion euros ($51.92 billion) in sales, up 14% over the first quarter of 2022.

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