$STLA

Stingray's TuneIn has partnered with Stellantis to offer its audio streaming service in select future vehicles. The deal expands TuneIn's automotive presence, though specific models and financial terms were not disclosed. According to Stingray, this aligns with its strategy to grow in-vehicle audio experiences.

Cox Automotive forecasts GM and Ford to lose U.S. market share in Q3, with Asian brands accounting for over half of new-vehicle sales. GM and Ford are expected to fall to 36% market share, a record low. Cox projects Q3 sales of 4.12 million vehicles, raising its full-year forecast to 16.1 million. Toyota and Hyundai are projected to gain share, while Tesla's sales are expected to drop 31%.

Stellantis NV stock fell 47% in the first half of 2026, but Peugeot Invest's holding company was saved by a €131 million gain in its SpaceX stake. The company has no plans to divest its Stellantis stake despite its poor performance. Peugeot Invest is reshuffling its portfolio, exiting Doctrine and real estate, and investing in Mérieux NutriSciences.

Ford and GM sales are expected to decline by 8.8% and 6.2% respectively through Q3 2026, reducing their market shares to 12.5% and 16.7%. Stellantis is projected to gain market share. Combined, the three U.S. automakers' market share is expected to hit an all-time low of 36%. Hyundai, Kia, Toyota, and Honda are seeing sales increases, with Hyundai and Kia potentially outselling Ford in the first three quarters of 2026.

Peugeot Invest reported a €131 million gain from SpaceX holdings in H1 2026, offsetting a 47% decline in Stellantis NV. CEO Jean-Charles Douin highlighted tech investments like SpaceX and Doctrine, and announced a $175 million stake in Mérieux NutriSciences. Minority shareholders pressured the company over Stellantis exposure and governance. Douin confirmed no plans to decouple from Stellantis, calling it a legacy investment.

Stellantis (STLA) is launching EREVs in the U.S. and investing $1.16B in France, but faces recalls and competition. It aims for €6B in cost cuts by 2028. Institutional interest has declined.

Hyundai Motor is projected to outsell Ford Motor in Q3 2023, with expected sales of 511,421 units, a 6.5% YoY increase, while Ford is expected to decline 7.1% to 504,172 units. This shift is attributed to Hyundai's strong product lineup and Ford's production issues. Toyota is also narrowing its sales gap with GM, potentially overtaking it this year. Cox Automotive raised its 2026 U.S. vehicle sales forecast to 16.1 million units.

European car sales rose 5.3% in August to 832,637 vehicles, driven by a 52.2% increase in battery-electric vehicle registrations, according to ACEA. Petrol and diesel sales fell 23.5% and 23.1%, respectively. Chinese automakers saw significant growth, with BYD, Chery, and Leapmotor selling nearly 2-3x more than last year, and Geely and SAIC rising over 25% and 32%. Renault and Volkswagen saw declines, while Stellantis gained 3.5%.

Stellantis NV shares fell 1.5% to €4.081, matching a 52-week low, after August 2026 EU auto registration data showed its market share declined to 14% from 14.2% year-over-year, despite a 3.5% rise in unit sales. Analysts maintained bearish ratings, citing competition and profitability concerns. The company also announced a hiring freeze. The broader market context includes rising EV competition and a risk-off global equity environment.

Europe's car market saw 5.3% YTD growth in August, driven by EV demand, with battery-electric vehicles capturing 21.7% of the market. Stellantis (STLAM) shares fell 1.4% as it has significant exposure to combustion-engine models. Petrol and diesel registrations both declined 18.6%, while hybrid and plug-in hybrid vehicles gained market share.