Stellantis reported a modest 1% increase in net revenues to $37.6 billion for the third quarter of 2026, driven by higher volumes in Enlarged Europe and stable sales in South America. North America net revenues declined 3% due to planned production downtime, but sales in the region still rose 1% compared to the previous year.

The company’s net loss narrowed significantly to $0.5 billion, a 90% improvement from last year, while adjusted operating income improved to $0.3 billion, yielding a 0.7% operating margin. North America and Asia Pacific saw the largest margin improvements, up 340 and 480 basis points respectively.

Strong North American sales led by Ram and SUVs

North America sales increased 1% year-over-year, outperforming the overall U.S. Industry which declined 0.8%. Ram was the standout brand, with sales up 30% and the Ram 1500 pickup alone rising 73%. Dodge Durango and Chrysler Pacifica also posted gains of 14% and 6%, respectively. Stellantis’s North America market share increased to 7.5%, up 10 basis points.

Europe EV sales surge as Smart Car and Leapmotor grow

In Enlarged Europe, sales rose 1% overall and 6% including Leapmotor, a Stellantis-controlled joint venture. Passenger car battery electric vehicle (BEV) sales jumped 65% year-over-year (93% including Leapmotor), led by strong demand in France, Germany, and the UK. The Smart Car brand grew 36%, and Stellantis retained leadership in the EU30 light commercial vehicle segment with a 26.9% market share.

What it means for you

  • Ram trucks are gaining popularity with significant sales growth, making them a strong option for pickup buyers.
  • Electric vehicle choices are expanding in Europe with rising BEV sales, especially Smart Car and Leapmotor models.
  • Stellantis’s market share gains in North America and stable leadership in South America suggest continued availability of popular models.
  • Production downtime in North America may affect short-term availability but is part of planned capacity adjustments.

Looking ahead, Stellantis reaffirmed its 2026 guidance and expects positive industrial free cash flow in 2027, reflecting ongoing efficiency improvements from its FaSTLAne 2030 plan.