"Automotive Giant Stellantis Shifts Gears: Major Manufacturing Deal Unveiled In a significant move to expand its presence in the global automotive market, Stellantis, the parent company of iconic brands such as Peugeot and Citroen, has announced a major manufacturing partnership. As part of its strategy to tap into larger vehicle segments, the company will transfer its Madrid factory to Leapmotor International, a Chinese electric vehicle manufacturer. Meanwhile, Dongfeng, a leading Chinese automaker, will take over the assembly of Voyah models in Rennes, France. This deal marks a significant shift in Stellantis' manufacturing strategy, with the company seeking to leverage its partnerships to drive growth and innovation in the increasingly competitive electric vehicle market."
Stellantis will transfer its Madrid factory to Leapmotor International and have Dongfeng assemble Voyah models in Rennes, France, as part of a strategy to expand into larger vehicle segments.
