Stellantis NV said Thursday its third-quarter revenue rose 13% to $43.2 billion (37.2 billion euro) as the company saw "early signs of commercial progress" after a recent string of poor sales and financial results.
But the maker of Chrysler, Dodge, Jeep and Ram also warned about one-off costs related to political, economic and regulatory challenges through the second half of the year, charges it said would "largely be excluded" from its operating income. Milan-listed shares of Stellantis fell more than 5% after the disclosure.
Global vehicle shipments were up 13%, to 1.3 million, compared to the same three-month period a year ago. Much of the increase was thanks to more normal operations in North America, where the automaker was trying to slash bloated inventories at this time last year.

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