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Stellantis cuts losses as cost cuts boost earnings

Stellantis cuts losses as cost cuts boost earnings - stellantis earnings
Stellantis reported €37.6 billion in earnings for Q3 2026, a 90% reduction in its loss.

In its third-quarter 2026 results, Stellantis recorded a 1% year-over-year rise in net revenue, driven by expanded sales across Europe and stronger exchange rates in South America. The automaker’s earnings for the period reached €37.6 billion, reflecting a 3% growth in those two markets despite declines elsewhere.

Despite revenues being down 3% in North America, 19% in the Middle East and Africa, and 7% in the Asia Pacific region, the company saw a 90% improvement in its loss, with a 453 million euro loss for the quarter, compared to a 4.5 billion euro loss in Q3 2025.

The cost-cutting strategy implemented by Stellantis began to show results, with the company expecting to realize additional savings next quarter, amounting to millions of euros in Q4 2026, approximately double the amount realized in Q3 2026. Stellantis’ FaSTLAne 2030 business strategy is also beginning to bear fruit, with higher total shipment volumes expected in Q4 2026.

Sales in the enlarged Europe region for Q3 2026 grew by 1% YoY, driven largely by Smart Car, which was up 36% YoY, and growing electric vehicle demand in France, Germany, and the U.K.. In the US, sales of the Ram 1500 were up 73%, while sales of the Dodge Durango were up 14%, and Chrysler Pacifica sales were up 6% YoY.

Stellantis CEO Antonio Filosa stated that the company continued to make progress in the early execution of its FaSTLAne 2030 plan, launching new products, accelerating partnerships, and delivering meaningful improvements in manufacturing and quality. The company’s Value Creation Program has also ramped up rapidly, with positive contributions being recognized in the quarter.

It is clear that the company’s efforts are starting to pay off, with the cost-cutting strategy and FaSTLAne 2030 business strategy contributing to the positive results. The company’s focus on electric vehicles and partnerships is also driving growth, with sales of the Smart Car and other models increasing significantly.

The improved results are a significant step forward for Stellantis, with the company expecting to realize additional savings and increase shipment volumes in the next quarter. The company’s progress in the early execution of its FaSTLAne 2030 plan is a positive sign, and the Value Creation Program is also making a significant contribution to the company’s results.