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Stellantis Q3 Cash Flow Shortfall of $4.5 Billion, Revenue Up 1%
European auto giant Stellantis reported a cash flow deficit of €4 billion (approximately $4.5 billion) in the third quarter on Wednesday, as the company continues to advance its massive $70 billion transformation strategy to restore profitability. The company's third-quarter revenue increased by 1% year-over-year to €37.6 billion, with adjusted operating income surging by 184% to €256 million. Stellantis reiterated its expectation to achieve positive industrial free cash flow by 2027.
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