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Stellantis Posts Q3 Rebound as Shares Slide on H2 Charge Warning

Investor concern over fresh second‑half charges sent the Paris‑listed stock down about 10%.

Overview

  • Third‑quarter revenue rose 13% to €37.2 billion, with vehicle deliveries up 13% to 1.3 million units.
  • Most of the volume gain came from a 35% improvement in North America, reflecting normalized dealer inventories versus last year.
  • Management reiterated expectations for better revenue, adjusted operating income and free cash flow in the second half versus the first.
  • The company cautioned about additional second‑half charges and said a review of its warranty‑estimation process will trigger non‑recurring costs.
  • Six of ten 2025 models have launched and Stellantis recently outlined a $13 billion, four‑year U.S. plan targeting a 50% production increase.