Stellantis finished the third quarter with a slight decrease in sales in the U.S., but overall growth in North America.
Globally, Stellantis closed the third quarter with a 1% year-over-year net increase in revenue to $41.9 billion.
Driving the news: In its Q3 financial report Wednesday, Stellantis reported its U.S. sales were down 0.3% year over year.
The company pointed out its performance was above the industry average, which was down 0.8% for the quarter.
While U.S. and Canadian sales were down 0.3% each, its sales in Mexico increased by 24%.
Zooming in: Shipments to North America were 47,000 below Q3 2025, but up 129,000 year over year.
Stellantis pointed to planned production shutdown affecting certain Jeep models, including Grand Cherokee and Compass, for the 12% decrease in shipments.
It claimed it was partially offset by the Ram 1500 HEMI V8, Ram 1500 TRX, and Jeep Cherokee HEV.
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Ram is growing: Though collective sales were down domestically, the Ram 1500 grew 73%.
Ram reported a 30% year-over-year increase in North American sales.
Additionally, Dodge Durango had a 14% increase and Chrysler Pacifica 6%.
What they’re saying: “In North America, Stellantis is among the fastest-growing OEMs year-to-date,” said Stellantis CEO Antonio Filosa. “Once again, gain share year-over-year. REM has led the way as the fastest-growing brand in the region, both in the quarter and year-to-date.”
Bottom line: Stellantis made progress financially in the quarter, though shipments were down. It reports progress on its FaSTLAne 2030 initiative with a continued focus on profitability and aligning production with demand.
It also pointed out new additions, with the Ram Rumble Bee and trail-rated Jeep Recon BEV expected to drive interest in the brand.
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