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Stellantis posts $4.5B cash outflow in Q3 while turnaround plan progresses

Stellantis reported industrial free cash flow of negative 4 billion euros ($4.5 billion) for the third quarter, a slight improvement from negative 4.3 billion euros a year earlier. Revenue rose 1% to 37.6 billion euros and adjusted operating income climbed 184% to 256 million euros, as CEO Antonio Filosa cited progress on the company's FaSTLAne 2030 restructuring plan. Stellantis reaffirmed its 2026 guidance and its goal of reaching positive free cash flow next year.

Stellantis, Hyundai and Ford add gas generators to upcoming electric trucks and SUVs

Several automakers are developing extended-range electric vehicles that run primarily on electric motors but carry a small gasoline engine solely to recharge the battery, not to drive the wheels. Stellantis will bring this setup to the Jeep Grand Wagoneer and Ram 1500 REV, promising up to 690 miles of range, while Hyundai, Genesis and Ford plan similar models for the Santa Fe, an unnamed Genesis SUV and a revived F-150 Lightning.