Stellantis Reports 13% Revenue Increase in 3Q, Signs of Turnaround

Reported about 6 hours ago

Stellantis, the maker of Jeep and Fiat, has reported a 13% increase in third-quarter net revenues to 37.2 billion euros, marking the end of seven consecutive quarters of decline. Driven by strong performance in North America, especially with the relaunch of the RAM 1500, Stellantis shipped 1.3 million vehicles, a 13% increase from the previous year. CEO Antonio Filosa called the results 'encouraging' as the company adapts its strategies and plans for future growth amidst a challenging market.

Source: YAHOO

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