On October 2, Stellantis NV rose 5.05% in regular trading, trading at $4.58 per share, with turnover of approximately $158 million. The rally was driven by the release of Q3 US sales data that exceeded market fears of a sharper decline.

Stellantis reported Q3 US sales of 324,277 vehicles, essentially flat year-over-year, with year-to-date sales rising 3% to 958,463 units. Ram brand sales surged 29%, led by a 73% jump in 1500 pickup truck sales, while Chrysler rose 6% and Dodge gained 2%. However, Jeep brand sales fell 20%, with Compass plunging 62%, Grand Cherokee dropping 30%, and Wagoneer/Grand Wagoneer declining 30%. Fiat and Alfa Romeo sales fell 83% and 65%, respectively.

Separately, the National Highway Traffic Safety Administration closed its preliminary evaluation of over one million Chrysler vehicles related to underhood fire concerns, removing a key regulatory overhang for the company.

Stellantis is a global automotive manufacturer headquartered in the Netherlands, operating brands including Maserati, Alfa Romeo, Jeep, Ram, Chrysler, Fiat, Peugeot, and others across luxury, mainstream, and commercial vehicle segments.

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