Dutch automaker Stellantis N.V. (STLA) reported a 13% increase in net revenues to 37.2 billion euros in the third quarter, driven by growth in North America, Enlarged Europe, and Middle East & Africa. Consolidated shipments rose 13% to 1.3 million units, with global sales up 4% year-over-year. Sales in the U.S. improved by 6%. The company maintained its guidance for the second half, expecting improvement in net revenues, AOI margin in low-single digits, and Industrial free cash flows compared to the first half.

Read more at Nasdaq: Stellantis Q3 Net Revenues, Volume Rise; Confirms H2 Outlook