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Stellantis and Dongfeng Ink €1 Billion Deal for China Production

Stellantis has finalized a €1 billion deal with China's Dongfeng to co-produce Jeep and Peugeot vehicles in China. This partnership aims to manufacture vehicles for global markets, leveraging local EV technologies to compete with Chinese rivals.

15 May, 04:13 — 15 May, 14:20
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Sources

Showing 4 of 5 sources
ReutersVery High21h ago

Stellantis and Dongfeng in $1.2 billion deal to make Jeeps, Peugeots in China - Reuters

Stellantis and Dongfeng in $1.2 billion deal to make Jeeps, Peugeots in China  Reuters

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SCMPMostly Factual11h ago

Peugeot, Jeep take on Chinese rivals with new models using local EV technologies

Peugeot and Jeep, owned by French-Italian automotive group Stellantis, have committed to fresh investments to build electric cars with its partner Dongfeng Motor, as more international marques join the fight against Chinese rivals in the world’s largest car market. Stellantis announced on Friday that four electric vehicles (EVs) under the two storied auto brands would roll off the production lines in 2027 as the European carmaker leverages Chinese technologies to assemble best-class cars for ...

By Daniel Ren

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ANSAMostly Factual17h ago

Stellantis reaches €1 bn deal with China's Dongfeng

(ANSA) - ROME, MAY 15 - Stellantis said Friday that it has reached a deal worth about one billion euros with the Dongfeng Group for a joint venture to build Peugeot and Jeep vehicles in China. The Italian-French-American carmaker said it would contribute around 130 million euros of that money. It said the cars produced in China would be for both the Chinese market and for sales worldwide. It said the joint venture would produce two all-new Peugeot-brand energy vehicles and two Jeep-branded of...

By ANSA

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seeking-alphaMixed22h ago

Stellantis, Dongfeng to co-produce Jeep and Peugeot vehicles in China for global markets

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