{
  "id": 16879863,
  "title": "Automakers: Stellantis increases profit – but burns billions",
  "url": "https://urgent.news/2026/10/28/autobauer-stellantis-steigert-gewinn-verbrennt-aber-milliarden",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-28T09:50:30.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/unternehmen/industrie/autobauer-stellantis-steigert-gewinn-verbrennt-aber-milliarden/100265532.html"
  },
  "original_language": "de",
  "account": "Stellantis reported a significant operating profit jump in the third quarter, with adjusted EBIT rising to €256 million from €90 million in the same period last year. However, the company also experienced a high cash outflow of €4 billion from its industrial business. Stellantis' revenue remained stagnant at €37.6 billion. The company's CEO, Antonio Filosa, confirmed the company's 2026 forecasts and its goal to achieve a positive cash flow from 2027, to be supported by a group-wide savings program. Filosa announced a new business plan for the Maserati brand to be presented on December 10.",
  "summary": "For years, the parent company of Opel has been struggling with declining sales figures. After a profitable first half-year, Stellantis is once again posting losses in the third quarter.",
  "key_points": [
    "Stellantis reports €256 million profit in Q3, up from €90 million",
    "Company spends €4 billion on industrial business despite profit increase",
    "CEO Antonio Filosa unveils new business plan with cost reductions"
  ],
  "editors_take": "Rising profits amid massive industrial spending signal a high-stakes gamble on a restructuring plan that must successfully cut costs to overcome investor skepticism and deep electric vehicle write-offs.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}