Stellantis claims to be the fastest-growing automaker in the North American market, thanks mainly to the Ram brand’s 20% year-over-year sales increase in the U.S. in the first quarter of 2026.
Overall sales in North America increased by 6% compared to the same period last year, with growth up 4% in the U.S., 15% in Canada and 19% in Mexico.
Stellantis brands bucked the overall automotive sales trend in the U.S., which shrank by 6% in Q1 2026, the company said in its April 30 statement.
The automaker’s market share rose to 7.9%, up 80 basis points YoY, powered by Ram sales, which saw its highest Q1 growth in three years.
Jeep also drove improvement with the new Jeep Cherokee, refreshed Grand Cherokee and Grand Wagoneer, as did the new Dodge Charger Sixpack.
“We are now seeing the results of that successful execution as we deliver the return to profitability,” Stellantis CEO Antonio Filosa said during a webinar presenting its Q1 sales figures.
“We are now back on a path to sustainable growth, with key priorities being growing our business, improving our industrial execution and enhancing our profitability,” he added.
The company’s 12% growth in YoY vehicle shipments is proof that its turnaround strategy is beginning to bear fruit, said Filosa.
“The environment remains challenging and across all regions, but our strategy is unchanged,” said Filosa. “Put the customer at the center of everything we do, empower regions to execute faster and apply rigorous capital and cost discipline.”
Overall net revenues increased to €38.1 billion ($44.5 billion), up 6% versus Q1 2025, while net profit improved €0.4 billion reflecting higher volumes and stronger operating performance.
However, industrial free cash flows showed a loss of €1.9 billion, reflecting typical first-quarter seasonality but representing a 37% improvement versus Q1 2025. Stellantis expects to improve net revenues, adjusted operating income margins and free cash flows in 2026, its statement said.
In the enlarged Europe region, Stellantis’ sales rose 5% YoY, while eletric vehicle sales of joint venture brand Leapmotor increased 8% versus Q1 2025, driven primarily by higher demand in Italy, Germany and Spain.
Stellantis saw a market share of 17.5% in the region, up 20 basis points YoY and, including Leapmotor, 18.1%, up 70 basis points. Growth in the EU market was supported by a diversified portfolio across EV, hybrid and internal combustion engine powertrains, including the launch of the Fiat Grande Panda ICE on the Smart Car platform.
The company’s midsize SUV portfolio also continued to strengthen, supported by the Citroën C5 Aircross and Jeep Compass.
In South America, sales including Leapmotor grew by 2% versus Q1 2025. Despite a market share fall of 270 basis points YoY, Stellantis maintained its regional leadership with a 21.1% market share, confirming its number one positions in both Brazil, with a 28.9% share, and in Argentina, with 28.9%.
In the Middle East and Africa regions, sales remained stable despite a declining industry trend, down 4% YoY. Stellantis’ market share increased to 11.5%, up 50 basis points YoY, driven by 18% sales growth in Algeria.
In the Asia-Pacific region, Stellantis including Leapmotor saw a 2% YoY drop in Q1 sales, reflecting a weaker industrial climate. However, sales in India jumped 71% in the quarter powered by a refreshed Citroën lineup.
