Stellantis and Dongfeng Announce Plans to Form a European Joint Venture
Stellantis and Dongfeng announced on Wednesday their intention to establish a European joint venture encompassing sales and distribution activities, production, procurement, and engineering. This shared structure will cover key areas of the automotive value chain.
A Joint Venture Covering Sales, Production, and Engineering
The two groups are structuring this joint venture around four main pillars: sales and distribution activities, production, procurement, and engineering. This integration pertains to all European operations related to these functions.