Stellantis Shares Surge as Third Quarter Sales Gain Momentum

Stellantis (NYSE: STLA) saw its shares jump 6% in early trading following the release of its third quarter sales figures, which revealed a solid 6% increase in U.S. vehicle sales compared to the same period last year. This growth was particularly pronounced in September, with sales surging 16% versus September 2024, marking the company’s strongest market share in the U.S. in more than a year. 

The automaker reported selling 324,825 vehicles in the third quarter across its U.S. market, a welcome reversal after previous quarterly declines earlier in 2025. The robust performance was driven largely by gains across several key brands within the Stellantis portfolio, including Jeep, Ram, Chrysler, and FIAT. Jeep’s total sales notably rose 11% year-over-year in the quarter, bolstered by strong demand for models such as the Wrangler, Gladiator, and Wagoneer, which grew 18%. 

Commercial fleet sales also contributed significantly, climbing 22% from the prior year, reflecting strong business-to-business demand. This broad strength indicates Stellantis was able to capitalize on both retail and fleet segments despite a challenging economic and tariff backdrop. 

According to Jeff Kommor, head of U.S. sales for Stellantis, these gains are no accident. The company has been implementing focused actions to maintain momentum, including the reintroduction of the HEMI V-8 engine to the Ram lineup and launching all-new 2026 models such as the Dodge Charger Scat Pack and Jeep Cherokee, vehicles considered critical for the competitive crossover utility vehicle segment. These product developments are timed to sustain interest as the year closes, supporting the sales trajectory Stellantis has achieved so far. 

Morgan Stanley analysts described the September sales strength as a “positive inflection point” for Stellantis, noting the company’s improved market share in the U.S. rose from 7.2% in August to 8.7% in September. This gain helped the stock rally roughly 7% in Milan and 6% in U.S., signaling renewed investor confidence. Analysts linked the sales volume growth to not only new model introductions but also strategic pricing, including limited tariff-related price increases and a spike in electric vehicle pre-purchases ahead of expiring federal subsidies. 

While the U.S. market shows substantial progress, Stellantis’ Canadian sales told a different story in the third quarter, declining 8% year-over-year to 28,472 vehicles sold. The year-to-date sales in Canada also trailed by 12%, underlining tougher conditions in that market for the automaker. 

Within Stellantis’ various brands, Alfa Romeo struggled to gain traction in the U.S., with third-quarter sales down 21% compared to last year, continuing a trend of softness in the luxury segment despite a slight upswing in the Giulia sport sedan sales. This contrasts with stronger performances within the more mainstream and commercial vehicle areas, which have been the driving forces behind overall sales growth. 

Looking ahead, Stellantis faces the challenge of maintaining these positive sales trends in a competitive environment marked by evolving consumer preferences and economic uncertainties. However, the company’s current product pipeline and tactical pricing appear well-calibrated to support further gains, especially in electric and performance vehicle segments. 

The share price reaction itself reflects hopeful investor sentiment about Stellantis’ ability to rebound from earlier losses this year. With a consensus analyst price target suggesting upside potential in the 24% range over the next year, the stock has drawn cautious optimism among market watchers who see the latest sales results as a step toward more consistent growth. 

As the company pushes through the remainder of 2025 with new model introductions and a focus on capturing market share, the coming months will be critical for Stellantis to continue translating sales momentum into sustained shareholder value.