business / news / / Hindustan Times
Antonio Filosa took the reins of global automaker Stellantis a year ago.
Stellantis will start building Leapmotor cars at two of its Spanish plants to utilize idle capacity.
KEY POINTS
- Stellantis announced a new joint venture with Chinese state-owned Dongfeng to assemble vehicles in France.
- The Leapmotor partnership allows Stellantis to avoid EU tariffs by producing Chinese EVs locally.
- Stellantis leadership confirmed Leapmotor cars will not be sold in the U.S., but possibly in Mexico and Canada.
- Under the new turnaround plan, Stellantis will prioritize investments in Jeep, Ram, Fiat, and Peugeot brands.
COMPANIES
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