Stellantis estimated third-quarter shipments at 1.3 million vehicles, down 1% year-on-year, Reuters reported on 13 October. North America fell 12%, affected by a summer production shutdown, while Europe rose 10%.
The automotive industry remains closely linked to manufacturing activity, as factory output, production costs and SupplyHow much sellers are willing to offer at a given price. More eager sellers can lean on price.Read More-chain conditions influence vehicle availability and prices. Changes in industrial DemandHow much buyers want at a given price. Stronger demand can make buyers compete with higher offers.Read More, energy costs and consumer spending continue to shape car production, business investment and the wider global economy.
