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Stellantis posts modest Q3 operating income but burns €4 billion
Adjusted operating income rose to €256 million as Stellantis continued a turnaround plan that management said will deliver 40% of planned efficiencies this year.
- 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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35 Articles
35 Articles
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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Stellantis posts modest Q3 operating income but burns €4 billion
Stellantis on Wednesday posted a slight increase in operating income in the third quarter as the automaker presses ahead with a slow turnaround process, which still generated a €4 billion ($4.45 billion) industrial cash outflow in the period.
·London, United Kingdom
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Coverage Details
Total News Sources35
Leaning Left2Leaning Right4Center8Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
Factuality
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