Stellantis rises after positive data on new car registrations in Italy, US

Zhejiang Leapmotor Technology Co

02/04/2026 11:11

** Milan-listed shares in Stellantis STLAM.MI rise as much as 3.9% after data showed on Wednesday new car registrations went up both in the U.S. and in Italy last month

** The automaker's rise is driven by Stellantis' new car registrations in March, above market average both in Italy and in the United States, a Milan based trader told Reuters

** "Given the weak start to the year of the U.S. car market, we see Stellantis’ U.S. Q1 sales as a confirmation of the gaining momentum of the group," Intesa Sanpaolo says

** Both Intesa Sanpaolo and Equita note Stellantis outperformed the Italian market only by including China's Leapmotor 9863.HK, and the automaker remains weak in France

** Equita adds it expects a further recovery of Stellantis' volumes in Q2, especially in the U.S., but it warns the market is exposed to the risk of slowdown depending on geopolitical evolution

** Including Thursday's rise, shares are down 31.28% YTD​

 (Reporting by Anna Uras)

 ((Anna.Uras@thomsonreuters.com))