Stellantis Turns to China to Save Its European Factories

Brazil · Auto Industry

Key Facts

—A strategy reveal. Stellantis unveils a long-term plan on May 21 in Auburn Hills, Michigan, the first under CEO Antonio Filosa, centered on deeper ties with Chinese carmakers.

—Sharing idle plants. The plan reportedly includes sharing under-used European factories with Chinese manufacturers to fill capacity and cut costs.

—A $1.1 billion deal. A roughly €1 billion ($1.1 billion) joint venture with Dongfeng will build Peugeot and Jeep vehicles in China from 2027, with Stellantis contributing about €130 million ($147 million).