Automotive group Stellantis announced on Wednesday it had signed a memorandum to establish a joint venture with China's Dongfeng to share...

Under the agreement, Dongfeng Peugeot Citroen Automobile will produce new-energy models under the Peugeot and Jeep brands for global markets starting in 2027

Stellantis is expanding its partnership with the Chinese state-owned company Dongfeng. However, contrary to expectations, this does not involve the production