Why is Stellantis stock climbing today?

Stellantis NV reported that Leapmotor delivered 105,656 vehicles in September, up 2.45% from August and 59% year-on-year. The company set a new quarterly record with 310,052 vehicles delivered, growing 78% year-over-year and 26% quarter-over-quarter. Stellantis shares rose 1.3% to €4.04.

Stellantis UK's finance arm allocated £221.3m for car loan mis-selling compensation, resulting in a £69.3m pre-tax loss for 2025. The provision increased from £37.1m in 2024, with the company noting uncertainty over final costs. The move follows an FCA investigation into undisclosed dealer commissions on vehicle finance deals.

Stellantis N.V. (STLA) shares fell 6.4% due to EV strategy concerns, production halts, and analyst downgrades. The company faces battery shortages and lowered price targets from Berenberg and Morgan Stanley. Revenue is $153.5B, with a price-to-sales ratio of 0.07, but negative sentiment persists.

Twenty-six states, led by California, sued the Trump administration over its rollback of fuel economy standards to 34.9 mpg by 2031, down from 50.4 mpg set under Biden. The lawsuit alleges the change ignores existing electric vehicles and weakens standards. The Transportation Department claims the change could save $138bn over five years. Automakers welcomed the rollback, while environmental groups filed a separate lawsuit.

U.S. auto sales declined 1% YoY in Q3 2026, with Ford, GM, and Stellantis lagging behind foreign rivals like Toyota, Honda, and Hyundai. Foreign brands gained market share due to stronger hybrid offerings. GM led U.S. sales (670,000 units) but saw a 5.5% decline. Toyota grew 0.7% (633,000 units), with hybrids accounting for over half of its sales. Analysts predict slower sales ahead but no sharp decline, with wealthier buyers supporting the market.

Stellantis N.V. (STLA) shares fell 6.5% due to battery shortages, labor disputes, and downgrades from Berenberg and Morgan Stanley. The company faces production halts in France and uncertain labor talks in Canada. Revenue is $153.5B, with a market cap of $38.05B.