(Alliance News) - Stellantis is looking to revitalize its operations through a potential strategic alliance with China's Dongfeng, which already holds a 1.5% stake in the group. According to reports from Bloomberg and Il Sole 24 Ore, the discussions center on joint production: Dongfeng could gain access to underutilized European plants, while Stellantis would manufacture certain models in China.
Chinese delegations recently visited sites in Italy and Germany, fueling speculation about future direct investment in EU factories. This move is part of a broader strategy that includes contacts with Xiaomi and Xpeng, alongside an existing partnership with Leapmotor aimed at strengthening brands such as Fiat and Opel.
"Stellantis is in discussions with various players to provide the best mobility choices," the company stated, while Dongfeng confirmed its intention to "strengthen complementary advantages." Despite a 12% increase in quarterly deliveries to 1.4 million units, the stock remains down 27% year-to-date, though it is showing signs of recovery above the EUR7 mark.
By Michele Cirulli, Alliance News reporter
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Stellantis N.V. is one of the world's leading car manufacturers. The activity is essentially organized around 4 sectors:
- sales of passenger cars and light commercial vehicles: Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys brands;
- sale of luxury vehicles: Maserati and DS Automobiles brands;
- sale of automotive equipment: interior systems, car seats, car exteriors, emission control systems, etc.;
- other: financing services (purchase, rental, leasing, etc.), after-sales services, etc.
Net sales are distributed geographically as follows: the Netherlands (0.8%), North America (41.6%), France (10.3%), Brazil (7.6%), Italy (6.8%), Germany (5.2%), the United Kingdom (5%), Türkiye (3.8%), Spain (2.7%), Belgium (1.5%), China (0.2%) and other (14.5%).
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