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Stellantis turnaround and cash crisis 2026

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FIRST ENTRY OCT 28
OCT 28 · Day 1

Stellantis reports $4.5 billion cash drain amid turnaround plan

Stellantis shares were up roughly 6% in Milan and in premarket trading in New York on Wednesday.

Porsche said it would reduce its exposure to China as car sales decline in the region.

Stellantis' turnaround plan includes investing 36 billion euros in its portfolio of automotive brands, with 60% of the cash going towards its North America sector.

“During the quarter, we continued to make progress in the early execution of our FaSTLAne 2030 plan, launching new products, accelerating partnerships as planned, and delivering meaningful improvements in manufacturing and quality,”
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