Reported about 15 hours ago
Stellantis announced a 13% increase in third-quarter revenues, marking its first growth after seven quarters, driven by strong sales in North America and Europe. New CEO Antonio Filosa is focusing on reversing U.S. sales declines and inventory issues while adjusting the expected impact of U.S. tariffs for 2025 to about 1 billion euros. The company has plans for significant investments in U.S. production and is introducing new vehicle models as part of its turnaround strategy.
Source: YAHOO