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Stellantis CEO reconfirms 2026 guidance, says turnaround plan continues as automaker's shares hit new low

CNBC Business·September 30, 2026·1 min read
Stellantis CEO reconfirms 2026 guidance, says turnaround plan continues as automaker's shares hit new low

Stellantis CEO Antonio Filosa on Wednesday reconfirmed the company's 2026 guidance and its plans to be cash-flow positive by 2027. The statement came as the automaker's shares hit a new low, reflecting ongoing market pressures. Filosa said the turnaround plan continues, aiming to restore profitability and investor confidence amid challenging industry conditions.

Read at CNBC Business
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