Eurig Druce will take over leadership of Vauxhall following Steve Catlin’s departure. He will remain Stellantis Group MD
October figures for LCV registrations are down nearly 15%. All industry commentators blame poor business confidence and a weak economy.
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The overall van market is running nearly 10% down and Stellantis’s four commercial vehicle brands are adding to the downturn.
September’s 13.7% jump in new car registrations is welcome, but the total is now shared between 53 listed brands.
While the overall LCV market is significantly down again in August with a 13.3% drop, Stellantis, as a group, is down 23%.
August new car stats: year-to-date is running up 2% but the three premium German brands are having a very difficult time.
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