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Stellantis Shares Rise 1.5% on Strong Q3 Shipment Outlook
Robust shipment forecast lifts Stellantis shares.
Stellantis shares rose 1.5% after the automaker projected third-quarter shipments of 1.3 million units, up 13% year-on-year, led by strong demand in North America. Jeep, Ram, and Chrysler models drove growth, supported by improving supply chains and EV rollouts. Analysts said the upbeat forecast underscores Stellantis’ momentum in core markets, with cost efficiencies and diversified products reinforcing its profitability outlook for FY2025.