https://www.live-feeds.com/feed/struggling-carmaker-stellantis-affirms-outlook-in-fight-to-cut-costsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/struggling-carmaker-stellantis-affirms-outlook-in-fight-to-cut-costshttps://www.live-feeds.com/feed/struggling-carmaker-stellantis-affirms-outlook-in-fight-to-cut-costs#u165540Sat, 31 Oct 2026 10:37:14 +0000Car manufacturer Stellantis has confirmed its financial guidance and outlook while navigating a major turnaround effort. The automaker reported a significant $4.5 billion cash drain during the period, driven by ongoing turnaround challenges. However, the company also registered an increase in operating profit as its cost-cutting measures began to gain traction. The latest financial disclosures highlight the complex balancing act facing management as they attempt to stabilize operations, curb expenditures, and restore profitability amid persistent financial headwinds.Why it mattersStollantis ha