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Stellantis shares drop 7% as Jeep sales fall despite Ram's strong growth, dragging overall U.S. sales flat.

Market News
02 Oct 2026
24/7 Wall Street
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Bearish
Stellantis shares drop 7% as Jeep sales fall despite Ram's strong growth, dragging overall U.S. sales flat.

Stellantis shares fell 7% following a flat U.S. sales report for Q3 2026, where a 29% rise in Ram sales was offset by a 20% decline in Jeep sales, the larger brand. This contrast within Stellantis' lineup caused investor concern, especially as the company announced a temporary production pause at four French plants due to EV battery shortages and slower demand. Ford and General Motors also saw share declines but to a lesser extent. Investors will be watching if Jeep's sales stabilize and Ram's momentum continues amid these challenges.

As of Oct 03, 2026 00:01 WIB, Ford shares are down 2.08% at USD 12.03 on Pluang, reflecting a cautious market mood in the U.S. auto sector. General Motors also dipped slightly by 0.59%, trading at USD 78.84, with a notable 87% of Pluang users selling GM shares. This contrasts with Ford's 100% buy order activity, highlighting differing investor sentiment within the sector.

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