Stellantis says revenues up, losses down in third quarter

Stellantis reported net revenues of 37.6 billion euros for Q3 2026, a 1.0% increase from last year, with net losses reduced by 90% to 500 million euros. The company achieved an adjusted operating income of 300 million euros and made progress on its FaSTLAne 2030 plan, launching new products and enhancing partnerships. CEO Antonio Filosa highlighted the rapid advancement of their Value Creation Program, aiming for 40% of €6 billion in efficiencies by year-end. Stellantis reaffirmed its 2026 guidance and anticipates positive Industrial Free Cash Flow in 2027, following a significant net loss of 22.3 billion euros in 2025 due to an overestimation of electric vehicle transition.