Stellantis revenue rose 7% in Q3, sees US strike impact of 3 billion euros

Stellantis said on Tuesday its sales rose 7% in the third quarter, while the six-week strikes in the United States over salary increases had an overall negative impact on the group's revenue of around 3 billion euros ($3.2 billion). The U.S. strikes against the Detroit Three, which broke last month and are ending this week after tentative agreements, would cost Stellantis less than 750 million euros in terms of profitability, CFO Natalie Knight said in a media call, adding that was the smallest impact among the Detroit Three.