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Stellantis posts modest Q3 operating income but burns €4 billion
Cost cuts helped lift operating income, but Stellantis said industrial free cash flow remained deeply negative as it kept its 2026 targets.
- On Wednesday, October 28, 2026, Stellantis reported a slight rise in third-quarter operating income, though the automaker's turnaround process generated a €4 billion industrial cash outflow during the period.
- CEO Antonio Filosa launched a group-wide cost-cutting plan this year to drive recovery, while UBS and Morgan Stanley downgraded the stock and RBC Capital Markets raised a potential break-up scenario.
- Third-Quarter revenue remained little changed at €37.6 billion, and Filosa stated the company remains on track to implement at least 40% of its total €6 billion in run-rate efficiencies by year-end.
- North America revenue dropped 3% in the quarter, though the company reaffirmed its 2026 full-year forecasts as shares sit near record lows with investors weighing margin targets.
- Management reaffirmed its target to return to positive cash flow generation in 2027, as the company navigates a difficult year marked by a suspended 2026 dividend.
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51 Articles
51 Articles
Jeep maker Stellantis confirmed its projections for the year, as restructuring efforts - which include deep cost cuts and a broad product offensive - begin to favor financial results. Exclusive subject for subscribers. For full access, access the article link and register.
·Rio de Janeiro, Brazil
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After having already straightened the bar in the second quarter, Stellantis published a turnover above expectations in growth of 1%. Above all, Peugeot's parent company, Fiat and Chrysler increased its sales and reduced its net loss.
·Gennevilliers, France
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For years, the Opel mother has been struggling with falling sales figures. After a profitable first half, Stellantis again posted losses in the third quarter.
·Düsseldorf, Germany
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Total News Sources51
Leaning Left2Leaning Right6Center8Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
13%
C 50%
R 37%
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