Stellantis Cash Shortfall
Oct 28, 2026
AI GeneratedMay contain errors
It's Benzinga, bringing Wall Street to Main Street.
Stellantis reported third quarter adjusted
operating income of 256 million euros,
289 million, up 184% from 90 million euros a year earlier,
according to CNBC.
Revenue rose 1% to 37.6 billion euros,
while negative industrial free cash flow improved
to 4 billion euros from 4.3 billion euros.
The Chrysler and Jeep parent reaffirmed expectations
of positive industrial free
cash flow in 2027 as it implements its 60 billion euro,
66.7 billion dollar turnaround strategy.
CEO Antonio Falosa's five-year plan includes
investing 36 billion euros in its automotive
brands, with 60% allocated to North America.
Stellantis plans to introduce new vehicles,
refresh existing models, and incorporate new technologies.
Shares have fallen 62% year-to-date.
For all things money, visit Benzinga.com.