Stellantis 3Q Revenue, Shipment Rose But Strike Cost $3.18 Bln in Sales

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Stellantis’s third-quarter revenue and vehicle shipments rose but said that lost production from the strike in the U.S. translated to a significant sales hit.

The Netherlands-based maker of Jeep, Dodge and a dozen other brands said on Tuesday that revenue reached 45.10 billion euros ($47.88 billion) compared with EUR42.10 billion in the third quarter of last year. Analysts had expected third-quarter revenue at EUR42.45 billion, according to FactSet.

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