MILAN (AP) — Stellantis’ shares dropped 10% on Thursday after the world’s fourth-largest carmaker posted modest third-quarter gains and warned about possible future charges.

The Italian-French-U.S. carmaker that makes Jeep, Fiat and Peugeot vehicles reported a 13% increase in net revenues in the three months ending in September to 37.2 billion euros ($43.2 billion), ending seven quarters of decline on strong North American results as the carmaker showed the first signs of a turnaround under the new CEO.

Stellantis said that shipments rose 13% to 1.3 million vehicles, driven by North America, where it relaunched the popular HEMI V-8-powered RAM 1500 that had been nixed by previous management.

Nearly 70% of the 152,000 new vehicles shipped were in North America, powered by the Jeep, Ram,

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