Automotive giant Stellantis reported stronger 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 improvement, the broader turnaround strategy remains incomplete amid persistent financial strain. The results underscore both incremental gains and deeper structural hurdles in the company’s recovery plan.
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.
