Stellantis Shares Sink 7% as Weak Jeep Sales Offset Ram Growth

Key Facts

1Stellantis shares dropped 7% following disappointing quarterly U.S. sales data.

2Weakness in the Jeep brand offset the sales strength seen in Ram trucks.

3General Motors and Ford shares also slipped amid a broader selloff in the automotive sector.

Stellantis shares dropped 7% following disappointing quarterly U.S. sales data. 247wallst.com reported that weakness in the Jeep brand, which saw a 20% decline, offset the sales strength seen in Ram trucks where sales rose 29%.

STLA was trading at $4.37 on October 2, 2026, after having closed at $4.69 on October 1, 2026. General Motors (GM) and Ford shares also slipped amid a broader selloff in the automotive sector, with GM closing at $79.31 on October 1, 2026, before declining in the following session.