Stellantis Considers Sharing European Factories Amid Overcap

Global AI Watch··3 min read·Numerama Tech
Stellantis Considers Sharing European Factories Amid Overcap

According to Bloomberg, Stellantis is exploring the possibility of ceding or sharing four of its European factories, including the one in Rennes, following recent visits from representatives of Chinese group Dongfeng. This factory is not struggling; it has benefitted from approximately €160 million in recent investments and modernization efforts to produce the new Citroën C5 Aircross.

Stellantis Considers Sharing European Factories Amid Overcap | Global AI Watch | Global AI Watch