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Stellantis swung to profit in the second quarter Thursday, the Jeep maker reported, as demand rose in North America. Earnings turnaround The auto giant disclosed the result Thursday.
North American demand climbed during the period, the company said, and the improvement carried through to a profitable quarterly result. The quarter marked a reversal from a prior loss.
Stellantis pointed to rising North American demand as the driver of the result. North America at the center North America was the market Stellantis credited in Thursday's release.
The company, which makes the Jeep among other vehicles, reported that demand in the region increased during the quarter.
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