Recent Updates — STLA
Stellantis N.V. announced that it will release its Third Quarter 2026 Financial Results on Wednesday, October 28, 2026. A live audio webcast and conference call will take place at 1:00 p.m. CET / 8:00 a.m. EDT, with related press releases and presentation materials expected to be posted on the company's website. Stellantis N.V. is a leading global automaker dedicated to giving customers freedom of mobility through iconic brands including Jeep, Peugeot, Fiat, Ram, and Maserati.
Stellantis reported estimated consolidated vehicle shipments of 1.3 million units for the third quarter of 2026, a decline of 1% compared to the prior-year period. The overall volume was negatively impacted by a 12% drop in North America, where planned production shutdowns reduced Jeep Grand Cherokee and Compass deliveries by approximately 25,000 units each year-over-year. This decrease was partially offset by stronger Ram performance, which added roughly 17,000 units. In Enlarged Europe, shipments rose 10% year-over-year, gaining about 54,000 units driven by battery electric vehicle growth and new Smart Car platform models. Middle East & Africa saw a sharp 21% decline due to weaker conditions in Turkey, while South America and Asia Pacific experienced slight decreases. Stellantis is a leading global automaker that designs, manufactures, and sells vehicles under brands including Jeep, Ram, Peugeot, Fiat, and Citroën.
Stellantis N.V., through its subsidiary Stellantis Finance US Inc., issued $1.5 billion in aggregate principal amount of fixed-rate notes, consisting of 6.750% Notes due 2031 and 7.400% Notes due 2036. The offering was priced on September 16, 2026, with settlement expected on September 21, 2026. Proceeds are intended for general corporate purposes, including potential repayment of outstanding indebtedness. This transaction represents a significant debt issuance that alters the company's capital structure and interest obligations.
Stellantis N.V. reported net profit of €670 million for the six months ended June 30, 2026, a significant improvement from the €2.256 billion loss in the prior year period. Net revenues increased 9.9% to €81.614 billion, driven by volume growth in North America and Enlarged Europe. Adjusted operating income rose 220.9% to €1.733 billion with a margin of 2.1%. The turnaround was primarily attributable to the non-recurrence of costs related to program cancellations, hydrogen fuel cell technology discontinuation, and Maserati/Alfa Romeo platform impairments that impacted 2025. Additionally, net benefits from renegotiated regulatory credit commitments and lower recall expenses contributed to results. Stellantis N.V. operates in the global automotive industry, designing, manufacturing, and selling passenger vehicles under multiple brands.