"Car Giant Stellantis Doubles Down on China Investment" In a significant move, Stellantis, the parent company of iconic brands Jeep and Peugeot, is set to inject €130 million into its Chinese operations in partnership with Dongfeng. The investment is aimed at boosting production of Jeep and Peugeot models at a Wuhan-based facility, marking the latest step in the company's efforts to expand its presence in the world's largest car market. Under CEO Antonio Filosa, Stellantis has been actively pursuing deeper collaborations with Chinese partners, driven by the country's growing demand for premium vehicles and its status as a key hub for global automotive manufacturing. The move is expected to create new opportunities for the company in China, where it has been seeking to strengthen its foothold in recent years.
Stellantis is investing €130 million as part of a deal with Dongfeng to build Jeep and Peugeot models in Wuhan. Under CEO Antonio Filosa, Stellantis has been deepening collaboration with Chinese ...
