New strategy, Chinese partnerships in focus as Stellantis seeks lasting turnaround Last updated: May 01, 2026 | 02:51 Peugeot cars are seen parked outside the Stellantis multinational car manufacturer's plant in Poissy, west of Paris, on April 15, 2026. AFP Global automaker Stellantis -- owner of the Jeep and Fiat brands -- said Thursday it had swung back into profit in the first quarter, but failed to convince investors ahead of presenting its new strategy. The 14-brand group, which also include Peugeot and Chrysler, posted a net profit of 377 million euros ($440 million) in January through March, compared to a loss of 387 million euros in the same period last year. However the carmaker's shares slumped more than eight percent at one point on the Paris stock exchange as the profit missed the analyst consensus forecast of 387 million calculated by Bloomberg. Analysts remained skeptical that the world's fifth-largest carmaker can rebuild solid margins, particularly in Europe.…