Stellantis said its battery-electric car sales in Europe rose 65% in the third quarter, while sales of Leapmotor vehicles it distributes nearly quadrupled, as demand for EVs grew in France, Germany and the UK.
Including Leapmotor, sales of fully electric passenger vehicles in the EU30 region, which covers the European Union, the UK, Norway, Switzerland and Iceland, rose 93% from a year earlier, the company said in its results on Wednesday. Sales of electric light commercial vehicles increased 46%.
Stellantis did not give unit figures for its electric sales, or a breakdown for hybrids or plug-in hybrids. Its reported battery-electric sales include the Citroën Ami, Opel Rocks-e and Fiat Topolino microcars, except in countries that classify them as quadricycles, according to its presentation.
Leapmotor drives growth
Leapmotor’s sales nearly quadrupled year on year, Stellantis said in its Europe update. Shipments of Leapmotor-branded vehicles rose by about 34,000 units to about 44,000 in the quarter, the company said on October 13.
Leapmotor International, set up in 2024, is 51% owned by Stellantis and 49% by Leapmotor and distributes the Chinese brand’s vehicles outside China. Stellantis does not design or build Leapmotor vehicles, it said.
The partnership is moving to local production. Leapmotor’s B10 SUV entered production at Stellantis’ plant in Zaragoza, Spain, this month, and production of the C10 and B10 began in Malaysia during the third quarter.
Leapmotor’s European retail network passed 1,000 sales points in 36 countries in September, about two years after the brand entered the region. Europe accounted for 13% of Leapmotor’s global sales in 2026, Stellantis said on October 5, and the brand plans to launch its B03 electric hatchback in the UK in early 2027.
The influx also shows up in inventory. Stellantis’ company-owned stock rose 35% from December, with the vast majority of the increase in Europe, driven by more Leapmotor vehicles in transit, the presentation showed.
Shipments up 10%
Stellantis’ shipments in its Enlarged Europe region rose 10% to 588,000 vehicles, supported by battery-electric growth, continued momentum for its Smart Car platform and rising Leapmotor volumes, the company said. Revenues in the region rose 3% to €14.1 billion ($15.6 billion).
Smart Car platform models, which include the Fiat Grande Panda and Opel Frontera, added about 26,000 units compared with a year earlier, Leapmotor about 34,000, the new Fiat 500 Hybrid about 6,000, the new Jeep Compass about 5,000 and light commercial vehicles about 7,000. Shipments of other models fell by about 28,000.
Stellantis is widening its European range with the Pro One Smart Car compact van, while the Jeep Compass, DS N°7 and Lancia Gamma reinforce its compact SUV lineup, according to the presentation. It also flagged a “potential positive development on Europe regulatory framework,” without giving details.
Across the group, seven more new and refreshed vehicles are coming soon, spanning battery-electric, range-extender, hybrid and combustion powertrains, the company said.
Share slips despite EV gains
Sales in the EU30 region rose 1%, or 6% including Leapmotor, driven by models on the Smart Car platform, which rose 36%.
Stellantis’ EU30 market share fell 60 basis points to 14.8%, or 15.6% including Leapmotor. Its share of light commercial vehicles fell 110 basis points to 26.9%, but it remained the segment leader.
The growth has not yet translated into profit. Stellantis’ Enlarged Europe region posted an adjusted operating loss of €311 million ($346 million) in the quarter, as the company said the “pricing environment continues to be challenging, outpacing region’s strong cost savings.”
Global sales fall 3%
Worldwide, Stellantis sold 1.31 million vehicles in the third quarter, down 3%, while its global market share edged up 10 basis points to 6.5%. Including Leapmotor, sales were nearly flat at 1.35 million.
Stellantis’ US sales were flat at 324,277 vehicles, the company reported on October 1. Ram sales rose 29% while Jeep fell 20%.
US electric sales shrank. The Jeep Wagoneer S sold 146 units, down 96%, and the electric Dodge Charger fell 92% to 233, according to the October 1 figures.
US dealer inventory stood at 368,000 vehicles at the end of September, or 84 days of supply, down from 92 days in June. Stellantis expects it to end the year between 320,000 and 350,000 units.
South American sales fell 4%, and Stellantis’ market share there fell 340 basis points to 18.6%, though it remained No. 1 in Brazil and Argentina.
Sales in the Middle East and Africa fell 22%, mainly due to weaker conditions in Türkiye, and Asia Pacific sales fell 27% amid what Stellantis called heightened Chinese competition.
