Automotive giant Stellantis reported improved third-quarter operating income and restored profitability in North America, signaling progress in its financial recovery. However, the company faced a significant €4 billion cash outflow and continued losses in Europe, highlighting ongoing challenges under CEO Antonio Filosa’s restructuring efforts. While key markets show signs of stabilization, the broader turnaround strategy remains incomplete amid persistent financial strain. Investors will be watching whether recent gains can offset deeper operational hurdles.
Stellantis nudged up third-quarter operating income and returned North America to profit, but a €4 billion cash outflow and a European loss show CEO Antonio Filosa's turnaround remains unfinished.
