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0 0.00060569351907944 0.00542701393095099 0.0054512416717141 0.00605693519079354 0.00484554815263466 0.0054512416717141 0.003634161114476
Stock impact report

Stellantis weighs sale or sharing of European plants – report [Yahoo! Finance]

Stellantis N.V. Common Shares (STLA) 
Company Research Source: Yahoo! Finance
According to a Bloomberg report, the company has begun talks with prospective buyers and industrial partners. Representatives from Dongfeng Motor have recently toured facilities in Rennes, Madrid, as well as sites in Italy and Germany. The discussions reportedly include the option of renewing an earlier partnership between Stellantis and Dongfeng, with possible joint vehicle manufacturing activities in both Europe and China. No decisions have yet been made on any individual plant, and the negotiations are still in progress, with no assurance that any deal will be reached. Among the options being examined are arrangements to share factories to make use of unused capacity in return for access to technology, alongside the possible sale of one or more sites. The report said other Chinese carmakers have also shown interest. The plants identified include Rennes in France, Cassino in Italy and Madrid in Spain. Stellantis runs about 20 vehicle assembly plants across Europe and Show less Read more
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