PARIS (Reuters) – Stellantis & You, a distribution subsidiary of Stellantis, plans to increase the number of its points of sale in France by around 10% in 2025 to strengthen its electrical sales to large companies, two told Reuters sources close to the case.

Born from the merger of PSA Retail and Motor Village, the two distribution subsidiaries of PSA and FCA whose merger gave birth to Stellantis in 2011, Stellantis & You is currently studying the acquisition of seven new points of sale – dealerships and garages – located rather in large cities, added the sources.

A Stellantis spokesperson declined to comment “on (the) strategy for the coming years.”

France is one of the birthplaces of Stellantis and at the end of October its third market behind the United States and Brazil, and ahead of Italy.

The French network of Stellantis & You, which today has around 80 large points of sale, had been reduced by around twenty sites over the past three years via sales.

“Today there is a real movement in Europe to develop Stellantis’ own network, in order to maintain control of sales management, particularly towards large cities and major accounts which order fleets of vehicles, small or large” , added a third source.

With 14 brands – to which are now added two electric models from Chinese Leapmotor – Stellantis is the leader in car and van sales in France.

But faced with operational difficulties in the United States, which led it to a spectacular “profit warning” at the end of September, it also saw its market share decline by one point to 29.7% in France. the first ten months of the year compared to the identical period of 2023, according to data from the Automotive Industry Platform (PFA).

(Report by Gilles Guillaume, edited by Blandine Hénault)

Copyright © 2024 Thomson Reuters