According to CNBC, Stellantis CEO Antonio Filosa reaffirmed the automaker's 2026 guidance for a mid-single-digit percentage increase in net revenue and a low-single-digit adjusted operating margin, while also restating targets to turn cash flow positive by next year and generate more than 3 billion euros of free cash flow in 2028. Filosa said the company is fully committed to those goals during an Automotive News event in Detroit. Stellantis shares closed Tuesday at $4.43, down 4.1% on the day, marking a new closing low for the U.S.-listed stock and leaving it down nearly 60% this year. The company has been carrying out a roughly $70 billion turnaround plan after margin pressure and years of sales declines, especially in North America and the U.S.
