BinoNews
Topic

#stellantis

2 stories

Stellantis reports $4.5 billion cash drain as massive turnaround plan continues
Metals·

Stellantis reports $4.5 billion cash drain as massive turnaround plan continues

European automaker Stellantis reported a significant $4.5 billion cash shortfall in the third quarter as it struggles with a complex turnaround strategy. The company is facing challenges in inventory management and declining sales in key markets like North America.

2.5K918
Stellantis beats top-line and bottom-line estimates; reaffirms FY2026 outlook (NYSE:STLA)
Stocks·

Stellantis beats top-line and bottom-line estimates; reaffirms FY2026 outlook (NYSE:STLA)

Stellantis surpassed analyst expectations for both top-line revenue and bottom-line earnings in the third quarter. The automotive manufacturer also reaffirmed its full-year 2026 outlook, underscoring resilience amidst sector headwinds.

TSLA
4.7K34710