Stellantis, the world’s fourth-largest carmaker, announced a significant 13% increase in third-quarter net revenues, reaching 37.2 billion euros. This marks the end of a seven-quarter decline, driven by robust performance in North America. The Italian-Franco-U.S. automaker, known for brands like Jeep, Fiat, and Peugeot, reported a 13% rise in vehicle shipments to 1.3 million units, with nearly 70% of the 152,000 new vehicles shipped in North America. The resurgence was fueled by the relaunch of the popular RAM 1500, powered by the HEMI V-8 engine, which had been discontinued by previous management. CEO Antonio Filosa, who assumed leadership in June, described the results as “encouraging,” highlighting strategic changes aimed at enhancing customer choice and driving growth. Stellantis also launched six new models in the first nine months of 2025 and plans to introduce four more by year-end. Globally, vehicle sales rose 4%, with notable increases in Europe, the Middle East, and Africa. However, European net revenues grew by only 4%, with market share dipping to 15.4% due to declines in France and Italy. Filosa has been actively revitalizing the company after a challenging 2024, which led to the departure of former CEO Carlos Tavares. Stellantis recently announced a $13 billion investment in U.S. operations over four years, aiming to expand manufacturing and create 5,000 jobs, potentially mitigating the impact of U.S. tariffs. The company revised its tariff impact estimate for this year to 1 billion euros, down from 1.5 billion euros.
Maker of Jeep and Fiat sees early results of turnaround with higher 3Q revenue
