Stellantis Reports 13% Revenue Surge in Q3, Signals Turnaround

Stellantis, the automotive giant known for brands such as Jeep, Fiat, and Peugeot, announced a significant turnaround with a 13% increase in third-quarter net revenues, reaching €37.2 billion. This marks the end of a seven-quarter decline, driven largely by robust sales in North America. The company, formed from the merger of France’s PSA Peugeot and Italy’s Fiat Chrysler Automobiles in 2021, is now showing early signs of recovery under CEO Antonio Filosa, who stepped into the role in June.

The rise in revenue was accompanied by a 13% increase in vehicle shipments, totaling 1.3 million units during the quarter. North America played a pivotal role in this growth, as the company successfully relaunched the popular HEMI V-8-powered RAM 1500 in September, a model previously discontinued by prior leadership. Notably, nearly 70% of the new vehicles shipped were sold in North America, highlighting the strength of the Jeep, Ram, Chrysler, and Dodge brands.

Strategic Changes Drive Growth

Stellantis has introduced six new models in the first nine months of 2025, with plans to unveil four additional models by the year’s end. The company reported a 6% increase in U.S. car sales during the period, achieving a market share of 8.7%, the highest in the past 15 months. Globally, vehicle sales increased by 4%, with growth observed in Europe, the Middle East, and Africa. However, European net revenues grew by only 4%, with market share slightly declining to 15.4% due to challenges in France and Italy.

Filosa emphasized the positive momentum in a statement, describing the results as “encouraging.” He stated, “As we continue to implement important strategic changes in order to provide our customers with greater freedom of choice, we have seen positive sequential progress and solid year-over-year performance in Q3, marked by the return of top-line growth.”

Future Investments and Plans

In response to dismal results in 2024 that led to the departure of former CEO Carlos Tavares, Filosa has been quick to address the company’s challenges. He has relaunched vehicles to meet U.S. customer demands and made significant management changes, including the recent appointment of Emanuele Cappellano as head of European operations.

Looking ahead, Stellantis has announced a substantial investment of $13 billion in the U.S. over the next four years to expand its manufacturing capabilities. This plan aims to boost vehicle production by 50% and create 5,000 jobs, potentially mitigating the impact of tariffs imposed by the U.S. government. Stellantis currently estimates the financial impact of these tariffs at €1 billion, revised from an earlier figure of €1.5 billion.

In summary, Stellantis is navigating a critical period of transformation, with promising early results and strategic investments poised to reshape its future in the global automotive landscape.