- RBC says Stellantis 3Q results beat expectations.
RBC Capital Markets says Stellantis' third-quarter results beat expectations, with North America EBIT ahead despite Jeep shutdowns and Europe EBIT below on pricing pressure. The carmaker held guidance and is making progress on cost cuts. RBC says Q4 will be the main proof point for savings. Shares trade 14% higher at 4.22 euros in Milan.
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