Stellantis reports flat Q3 sales but strong Ram pickup growth, shares rally

Stellantis announced that third‑quarter 2026 vehicle sales were roughly flat, while its Ram pickup line posted a large sales increase. CEO Antonio Filosa reaffirmed the 2026 outlook, targeting mid‑single‑digit revenue growth and positive cash flow by 2027. The results lifted the stock, which rose sharply in both U.S. and European markets.

The company’s guidance suggests continued improvement in profitability, which could support further share price gains, according to the firm’s own statements. Investors may also view the Ram segment’s strength as a key driver of the turnaround.

  • 1Third‑quarter 2026 sales were roughly flat.
  • 2Ram pickup sales jumped 34% according to the U.S. report.
  • 3Ram pickups surged 29% to 134,072 units, with Ram 1500 sales up 73%.
  • 4Italian sales grew 12.6% in September 2026 to 38,704 units.
  • 5CEO Filosa reaffirmed 2026 guidance of mid‑single‑digit net revenue growth and positive cash flow by 2027.
  • 6Stellantis shares rose 7.57% to $4.69 in U.S. trading.
  • Ram pickup sales increase is reported as 34% in material 1 and 29% in material 2.

Sources