Stellantis (STLA.US) announced that the third-quarter US automobile sales this year were 305,294 vehicles, a 19.8% decrease compared to the same period last year, and a quarterly decrease of 11.5%.
The company stated that its sales promotion and measures to correct past mistakes have begun to take effect, with market share increasing from 7.2% to 8% within the quarter, and the inventory of US automobiles decreasing by 11.6%. The company added that it will continue to take necessary actions to drive sales.