Tag Archives: Sales results

Stellantis Posts Strong Q3, Bets Big on a $13 Billion U.S. Comeback Plan

Stellantis is putting rubber to the road again. The multinational megagroup—home to Dodge, Jeep, Ram, Peugeot, Citroën, Fiat, and more—just posted a strong third quarter for 2025, showing that its sprawling lineup and renewed focus on North America are paying off.

The company reported €37.2 billion in net revenues, up 13 percent year-over-year, fueled by booming shipments and a long-overdue rebound in U.S. sales. That’s 1.3 million vehicles delivered globally, a 152,000-unit bump over 2024. The real star? North America, where production jumped 35 percent thanks to normalized inventory levels after last year’s dealer stock reduction squeeze.

The Product Offensive

Behind those numbers lies a wave of new metal. Stellantis has already rolled out six of ten new models planned for 2025, with ordering open for a slate of high-profile launches: the SIXPACK-powered Dodge Charger Scat Pack (2-door), the four-door Charger Daytona, the reborn Jeep Cherokee, the Fiat 500 Hybrid, and the sleek DS No.8.

Sales across the company’s American brands rose 6 percent versus Q3 2024, pushing Stellantis to an 8.7 percent market share in September—its best in 15 months. The return of the HEMI® V-8–powered Ram 1500 didn’t hurt, either, marking a nostalgic counterpoint to the company’s steady march toward electrification.

Europe, Middle East, and Beyond

Across the Atlantic, Stellantis found mixed fortunes. The European portfolio—bolstered by fresh B-segment contenders like the Citroën C3, Opel Frontera, and Fiat Grande Panda—delivered modest growth, with revenues up 4 percent. But its EU30 market share dipped to 15.4 percent, dragged down by slowdowns in France and Italy and softer performance in light commercial vehicles.

Elsewhere, the Middle East and Africa helped balance the scales with healthy gains, even as South America cooled.

A $13 Billion Bet on America

If Stellantis’ third-quarter performance was the appetizer, the main course is a $13 billion U.S. investment plan announced in mid-October—the largest in the company’s century-long American history. Over the next four years, that cash will fund five all-new models and create 5,000 jobs, signaling that CEO Antonio Filosa is betting big on a long-term U.S. resurgence.

The plan includes reopening the Belvidere, Illinois, plant to build two new Jeep models (Cherokee and Compass), launching a new midsize Ram truck in Toledo, Ohio, and giving Warren, Michigan, a new large SUV with both range-extended EV and internal combustion variants. Meanwhile, Detroit will host the next-generation Dodge Durango, and Kokomo, Indiana, will take on the all-new GMET4 EVO engine.

Stellantis says the expansion will boost its U.S. production capacity by 50 percent and come alongside 19 product refreshes through 2029.

The Road Ahead

Despite the optimism, Stellantis remains cautious. The company reaffirmed its H2 2025 guidance, expecting stronger revenues and cash flow but warning of one-off charges tied to warranty estimate revisions and strategic realignments. In plain English: a little short-term turbulence before a smoother ride.

CEO Antonio Filosa put it simply:

“We’re implementing important strategic changes to give customers greater freedom of choice. Our Q3 results show encouraging progress, and we’re building on these gains with decisive actions to support long-term, profitable growth.”

From a brand that’s juggling plug-in hybrids, hydrogen vans, HEMI muscle, and small European city cars, that “freedom of choice” mantra might be more literal than ever. Stellantis isn’t just surviving the EV transition—it’s revving up for it.

Source: Stellantis

Mercedes-Benz Posts Solid Q3 Results Amid Global Headwinds, Gears Up for Biggest Product Launch Wave Yet

Mercedes-Benz Group AG may be weathering economic headwinds, but Stuttgart’s star isn’t dimming anytime soon. The German automaker reported third-quarter results that aligned with full-year expectations—proof, according to CEO Ola Källenius, that the company’s largest-ever product and technology rollout is on track.

“Our biggest product and tech launch program is well on track,” said Källenius. “The new CLA and GLC mark the beginning of a series of new models across all segments and drive trains, tailored to specific market and customer needs.”

Financials: Lower Volumes, Higher Discipline

Mercedes-Benz Group’s adjusted EBIT landed at €2.1 billion, down from €2.54 billion in Q3 2024—a reflection of softer sales volumes, higher tariff costs, and foreign exchange challenges. Still, the company managed a robust industrial free cash flow of €1.4 billion, bringing total nine-month cash flow to €5.6 billion.

Mercedes-Benz’s war chest remains deep: €32.3 billion in net liquidity as of the end of Q3. That strength underpins a planned €2 billion share repurchase program, set to kick off within the next 12 months.

Across its three divisions—Cars, Vans, and Mobility—EBIT margins stayed in line with guidance, showing that Mercedes’ famed precision engineering extends to its balance sheets.

Mercedes-Benz Cars: Navigating the Global Maze

The automaker’s passenger car division reported an adjusted EBIT margin of 4.8% for the quarter, with sales of 441,453 units. While tariffs and currency fluctuations dampened momentum in China and the U.S., there were bright spots:

  • Europe saw a 2% uptick,
  • The Gulf States surged 33%,
  • Turkey climbed 15%,
  • and South America soared 45%.

In China—the world’s largest luxury market—Mercedes retained its dominance in the ultra-luxury bracket, where vehicles priced above 1 million RMB saw 13% growth, driven by the S-Class, GLS, G-Class, and AMG flagships.

Globally, Top-End Vehicles represented 15.4% of total sales, underscoring Mercedes’ profitable pivot toward higher-margin models. The AMG division also capped off a record quarter, with the AMG CONCEPT GT XX completing a headline-making validation run in Nardò—proof that Affalterbach’s engineers aren’t done turning up the heat.

Electric Momentum: The Battery Boost

Mercedes’ electric offensive continues to gain traction. Battery-electric vehicle (BEV) sales jumped 22% quarter-over-quarter, buoyed by the launch of the new electric CLA in Europe and early orders for the electric GLC, now available across nearly all European markets. These two models spearhead the next phase of Mercedes’ electric expansion, designed to offer the “choice of luxury” in every powertrain format—from combustion to pure EV.

Vans and Mobility: Quiet Powerhouses

Mercedes-Benz Vans maintained its reputation as a profit engine, posting a 10.2% EBIT margin for Q3 and 10.7% year-to-date. Total van sales hit 83,843 units, with electric variants doubling year-over-year to 8,579 units. EVs now represent 10% of global van sales—and 14% in Europe.

Mercedes-Benz Mobility, the financial services arm, posted an adjusted Return on Equity (RoE) of 9.6%, boosted by improved portfolio margins and ongoing efficiency drives, though tempered by a tougher credit environment.

The Road Ahead: Efficiency Meets Ambition

Looking forward, Mercedes-Benz reaffirmed its full-year guidance. The company acknowledges the turbulence of today’s global market—from tariffs to exchange rates—but is betting on disciplined execution and a relentless focus on product excellence.

“We will continue to drive efficiency across the company and generate attractive returns for our shareholders,” Källenius affirmed.

With the all-new CLA and GLC leading a fresh product wave—and AMG’s next-generation GT waiting in the wings—Mercedes-Benz isn’t coasting. It’s doubling down on its heritage of engineering brilliance, technological boldness, and luxury leadership.

The message from Stuttgart is clear: even in a volatile world, the three-pointed star still shines brightest when the road gets rough.

Source: Mercedes-Benz

Porsche Recorded 99% Profit Drop in Last 9 Months

At Porsche’s headquarters in Stuttgart-Zuffenhausen, the mood is one of deliberate disruption. The brand that made its name on precision, pace, and profitability has chosen a slower lap—for now. The company’s latest financial results, closing the third quarter of 2025, paint a picture of short-term pain in pursuit of long-term gain.

Porsche AG’s decision to “realign its product strategy” has sent a measurable tremor through its balance sheets. Revenue for the first nine months of 2025 came in at €26.86 billion, down six percent year-over-year. Deliveries followed suit, slipping to 212,059 units, another six percent decline. But the headline figure—the one that made analysts wince—was operating profit: €40 million, down a staggering 99 percent from last year’s €4.0 billion.

That’s not a typo. It’s a calculated sacrifice.

A Price for the Future

According to Porsche’s finance chief, Dr. Jochen Breckner, the downturn was expected—and necessary. “We are consciously accepting temporarily weaker financial figures in order to strengthen Porsche’s resilience and profitability in the long term,” he said.

In corporate speak, this is Porsche taking its medicine. The company’s realignment includes a costly €3.1 billion restructuring for 2025, covering extraordinary expenses, delays in electric-vehicle programs, and the sting of U.S. import tariffs that rose to 15 percent in August.

But beneath the fiscal fog, there’s strategic clarity. Porsche plans to rebalance its lineup, adding more combustion and plug-in-hybrid models to bridge what it calls a “delayed ramp-up” of full electric mobility. In other words, the all-electric future will take a little longer to arrive—but when it does, it’ll be better integrated with Volkswagen Group’s next-generation EV platform, now rescheduled for the 2030s.

Holding the Line in a Volatile Market

Despite the headline-grabbing profit drop, Porsche’s fundamentals still show resilience. Automotive net cash flow actually rose to €1.34 billion, up from €1.24 billion the year before—a sign that the company’s core operations remain robust even as it burns through restructuring cash. The Macan, always a crowd-pleaser, delivered 64,783 units, up 18 percent year-over-year, while Porsche’s presence in North America and emerging markets hit new highs.

And electrification hasn’t stalled entirely. Through September, 35.2 percent of all Porsche deliveries were electrified, with 23.1 percent fully electric and another 12.1 percent plug-in hybrid. In Europe, over half of Porsche’s new cars carried some form of electrification—a clear sign that the brand’s clientele is still buying into its battery-powered ambitions.

Realignment, Not Retreat

So, is this Porsche taking a step backward from electrification? Not exactly. Think of it as a course correction—a mid-race pit stop to swap tires and reset strategy before the next sprint. Porsche isn’t ditching EVs; it’s refining how and when they’ll arrive.

The delay in the new electric platform’s rollout also opens space for more hybridized and ICE models, a move likely to please enthusiasts worried that the brand might abandon the visceral experience of internal combustion too soon. With models like the upcoming 911 hybrid and next-generation Cayenne plug-in, Porsche is betting that there’s still life—and profit—in premium gasoline.

Eyes on 2026

Dr. Breckner calls 2025 “the trough that precedes a noticeable improvement.” Porsche expects group sales revenue between €37 and €38 billion for the year, with a modest operating return of up to 2 percent. That’s well below its traditional double-digit margins but, as Breckner notes, a necessary dip before the rebound.

The internal “Push to Pass” program is already underway, targeting improved efficiency and higher revenue across divisions. And behind closed doors, management and employee representatives are discussing a sweeping “Future Package” aimed at reshaping the organization for what’s to come.

Porsche has always been a company willing to take the long view. In the 1970s oil crisis, it doubled down on efficiency and engineering. In the 2000s, it weathered economic turbulence with the Cayenne. Today, as EV uncertainty and global tariffs reshuffle the automotive chessboard, the brand is once again retooling its playbook.

It’s easy to look at a 99 percent drop in profit and panic. But in Porsche’s world, this isn’t a skid—it’s a controlled drift. The carmaker is tightening its line through the corner, eyes already on the next straight.

Because if history has taught us anything, it’s that Porsche doesn’t just survive tough turns—it uses them to overtake.

Source: Porsche