robotics / news / / Japan Today
Global automaker Stellantis swings back into profit in the first quarter on rising sales.
Stellantis returned to profitability in Q1 2026 with a net profit of 377 million euros.
KEY POINTS
- Sales volumes increased by 12 percent, exceeding analyst forecasts despite revenue being slightly below expectations.
- All global regions, including North America, reported rising sales for Stellantis in this quarter.
- Stellantis had previously booked a 20-billion-euro charge for 2025 as it pivots away from the EV sector.
- The company will unveil a new turnaround strategy on May 21 in response to rising Chinese competition.
COMPANIES
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