Stellantis reports 4 billion euro cash drain in third quarter, maintains 2026 guidance
Shifts in free cash flow improve but remain negative; shares rise on results
European car giant Stellantis reported a 4 billion euro ($4.5 billion) industrial free cash flow deficit for the third quarter, even as it posted a slight increase in revenue and maintained its financial targets for 2026 under a sweeping turnaround plan. Shares rose nearly 6% in Milan and in New York premarket trading after the results, defying expectations that the automaker might cut guidance like some rivals.