Stellantis U.S. Sales Rise in June, Market Share Flat as Inventory Hits 94-Day Level

Stellantis reported a roughly 10% year-over-year increase in U.S. vehicle sales in June, driving a 6% rise in its second-quarter sales. However, its market share in the U.S. remained steady at 7.6%, showing no significant change either sequentially or year-over-year. Meanwhile, the company’s inventory continued to climb, rising by 33,000 units month-over-month in June. At the current sales pace, the industry average inventory represents 49 days of sales, while Stellantis’ inventory equates to 94 days of sales.