Chinese state-owned automaker Hongqi is reportedly in talks with Stellantis, the parent company of brands such as Peugeot and Citroen, to establish a manufacturing presence at one of its Spanish plants. According to a recent report, the move would mark a significant expansion for Hongqi, which is seeking to increase its global production capacity and reach new markets. The partnership could also provide Stellantis with a foothold in the growing Chinese market, particularly in the luxury segment where Hongqi operates. As the automotive industry continues to navigate shifting global dynamics, this potential collaboration is being closely watched by industry observers for its implications on the European and Chinese markets.
China’s Hongqi in talks to build cars at Stellantis Spain plant – report Just Auto