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General / Automotive Automotive

Stellantis reports $4.5 billion cash drain as massive turnaround plan continues

Source: cnbc October 28, 2026 · 02:59
Stellantis reports $4.5 billion cash drain as massive turnaround plan continues
Photo by Jakub Zerdzicki · Pexels
From the publisher
European car giant Stellantis said Wednesday that it recorded a 4 billion euro ($4.5 billion) cash shortfall in the third quarter.
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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