Stellantis reports 4 billion euro cash shortfall amid turnaround plan

The short version

• Stellantis reported a 4 billion euro ($4.5 billion) cash shortfall in the third quarter as it pursued its turnaround plan.[CNBC]
• Revenue rose 1 percent to 37.6 billion euros, and adjusted operating income rose 184 percent to 256 million euros.[CNBC]
• Shares have fallen more than 60 percent this year, while CEO Anthony Filosa pointed to early Ram gains.[MotorTrend]
• Stellantis reaffirmed its 2027 target for positive industrial free cash flow, while Jeep deliveries fell 60,000 units in North America.[MotorTrend · CNBC]

Key facts

• Stellantis reported a 4 billion euro cash shortfall in the third quarter.[CNBC]
• Third-quarter revenue rose 1 percent year over year to 37.6 billion euros.[CNBC]
• Adjusted operating income rose 184 percent to 256 million euros from 90 million euros a year earlier.[CNBC]
• Stellantis shares have fallen more than 60 percent this year to record lows.[MotorTrend]
• CEO Anthony Filosa said the 2027 Ram 1500 Rumble Bee sold out within 24 hours of opening order books.[MotorTrend]
• Filosa said Ram 1500 sales rose 73 percent in the third quarter, with shipments up 17,000 units.[MotorTrend]
• Jeep deliveries in North America fell by 60,000 units in the quarter.[MotorTrend]
• Stellantis reaffirmed its expectation of positive industrial free cash flow in 2027.[CNBC]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.

• Can Ram and Jeep Save Stellantis? These New Models Have a Lot to ProveMotorTrend
• Stellantis reports $4.5 billion cash drain as massive turnaround plan continuesCNBC