MILAN – Stellantis has announced a robust 13% rise in its third-quarter net revenues, reaching 37.2 billion euros. This marks a significant rebound after seven consecutive quarters of decline, spurred by strong performance in North America and signaling a promising turnaround under the leadership of the new CEO.

The multinational automaker, known for its Jeep, Fiat, and Peugeot brands, saw a 13% increase in shipments, totaling 1.3 million vehicles. This growth was largely attributed to the North American market, where the company successfully reintroduced the popular HEMI V-8-powered RAM 1500 in September, a model previously discontinued by former management.

In North America alone, nearly 70% of the 152,000 newly shipped vehicles were from the Jeep, Ram, Chrysler, and Dodge lineups. Stellantis also rolled out six new models within the first nine months of 2025 and has plans to launch four more by the year’s end.

Stellantis emerged from the 2021 merger between France’s PSA Peugeot and the Italian-American Fiat Chrysler Automobiles, solidifying its position as the world’s fourth-largest automaker.

CEO Antonio Filosa, who assumed his role in June, described the recent figures as “encouraging.”

“By continuing to implement significant strategic changes aimed at offering our customers more choices, we’ve observed positive sequential progress and a solid year-over-year performance in the third quarter, highlighted by a return to top-line growth,” Filosa stated.

Stellantis’ U.S. car sales in the period rose 6%, achieving a market share of 8.7%, which was a 15-month high. Globally, vehicle sales rose 4%, with increases in Europe, the Middle East and Africa.

European net revenues rose by 4%, while market share dipped to 15.4% due to market declines in France and Italy.

Filosa has been moving swiftly to reenergize Stellantis after dismal 2024 results that saw the ouster of former CEO Carlos Tavares. Filosa is relaunching vehicles that previous management discontinued to meet U.S. customer demand, and made strategic management changes, including appointing Emanuele Cappellano as head of Europe and European brands. A new business plan is expected next year.

Stellantis — whose legal and fiscal home is in the Netherlands — earlier this month announced $13 billion in U.S. investments over four years to expand its manufacturing footprint. The plan will increase vehicle production by 50% and create 5,000 jobs, providing a possible buffer to U.S. President Donald Trump’s tariffs.

Stellantis’ latest estimate for the tariffs impact this year is 1 billion euros, updated earlier this month from 1.5 billion euros.