Stellantis Shares Surge 13% as CEO Says Turnaround Is Ahead of Schedule
A Turnaround Gains Traction
Stellantis shares rose about 13% on 28 October 2026 after CEO Antonio Filosa said the carmaker's turnaround plan, announced in May, is ahead of schedule.
What the company said
- Cost cuts are taking hold.
- The group expects positive industrial free cash flow by 2027, after a period of heavy cash burn.
Why investors cheered
Free cash flow is the money left after running and investing in the business. A path back to positive cash flow reduces fears about dividends and debt, which had weighed on the shares.
What to watch
Delivery numbers, pricing in Europe and the US, and the electric-vehicle transition will decide whether the rebound lasts.
Educational content, not investment advice. Practise trading Italian stocks with virtual money in Trading Titans.
Practice Live Markets with Zero Risk
Test the strategies discussed in this report on real Indian stocks, F&O options, US equities & crypto with ₹1,100 starting virtual cash on Trading Titans.
Download Free on Google Play (₹1,100 Demo Cash)