Stellantis Group's revenue increased by 12% in the first quarter of 2022

In the first quarter of 2022, Stellantis Group's revenue reached 41.5 billion euros, a year-on-year increase of 12%. Affected by the shortage of semiconductor chips, shipments fell 12% to 1.374 million units. As of March 31, the inventory of new cars was 807,000 units, the same as at the end of the year. The group confirmed that the full-year target remains unchanged, that is, to achieve a double-digit adjusted operating profit margin and positive cash flow.