Stellantis Stock Surges as Jeep Maker's U.S. Sales Rise For First Time in Two Years

Core Insights - Stellantis reported a 6% increase in U.S. sales in the third quarter, totaling 324,825 vehicles, ending a streak of eight consecutive quarters of declining sales [2][7] - Jeep Wagoneer sales surged by 122%, while Chrysler and Ram brands also saw significant increases, indicating a positive trend for Stellantis under new leadership [1][5] Sales Performance - Total U.S. sales rose to 324,825 vehicles, marking a 6% increase from the previous year [2][7] - September sales alone jumped 16% year-over-year, achieving the highest monthly market share in the U.S. in 15 months [2][3] - Chrysler sales increased by 45%, driven by the Pacifica and Voyager models, while Ram sales rose by 26% due to the popularity of the Ram 1500 with the HEMI V-8 engine [5] Market Reaction - Stellantis shares increased nearly 9%, reaching their highest level since May, although the stock is down 20% since the start of 2025 and has lost about two-thirds of its value since March 2024 [4][3] - The positive sales figures suggest a potential rebound for Stellantis under CEO Antonio Filosa, who took over in June [3][4] Challenges Ahead - Despite the positive sales momentum, Stellantis still faces risks related to tariffs and intense competition in the automotive market [3]