Stellantis Faces Investor Disappointment Amid Regulatory Charges and Supply Woes

Stellantis faces investor disappointment as it warns of regulatory charges despite reporting a 13% rise in third-quarter revenue, impacting its stock significantly in the United States.

• On Thursday, Stellantis announced potential charges related to regulatory changes, leading to a 6.5% drop in its share price in the United States.
• The company reported a 13% increase in third-quarter revenue, marking its first growth in seven quarters, with significant contributions from North America.
• Stellantis reiterated its forecasts for improved revenue and cash flow, emphasizing its strategic plans amid ongoing supply challenges in Europe, the Middle East, and Africa.