Maker of Jeep and Fiat sees early results of turnaround with higher 3Q revenue

Tehnologie

MILAN (AP) — Stellantis reported a 13% increase in third quarter net revenues to 37.2 billion euros on Thursday, ending seven quarters of decline on strong North American results as the world’s fourth-largest carmaker showed the first signs of a turnaround under the new CEO. The Italian-Franco-U.S. carmaker that makes Jeep, Fiat and Peugeot vehicles said shipments rose 13% to 1.3 million vehicles, driven by North America, where it relaunched the popular HEMI V-8-powered RAM 1500 in September

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