[Stellantis] News & Updates

Stellantis Plans to Sell Brampton Plant to Roshel, but Two Hurdles Remain

Stellantis signed a memorandum of understanding with Canadian armored vehicle maker Roshel to sell the idle Brampton vehicle assembly plant near Toronto. The plant ceased production in late 2023 and once employed about 3,000 unionized workers. Its planned production of the Jeep Compass SUV was cancelled due to U.S. automotive tariffs. Roshel is bidding for a military contract worth up to C$4.9 billion and says that if it wins, it can recall about 1,000 workers and support an annual average of 4,530 direct and indirect jobs over three years. The deal still depends on labor negotiations with Unifor and Canadian government funding commitments, and companies including BYD had also made inquiries.

1881 day ago

Trump: Not Opposed to Chinese Automakers Building U.S. Plants, Opposes Mexico-Made Cars Exported to U.S.

According to Reuters, on September 11 Trump said he did not oppose Chinese automakers building factories in the US, provided they hire American workers, but opposed producing finished vehicles in Mexico and re-exporting them to the US, and denied allowing Chinese cars to be sold in the US. US regulations in early 2025 effectively prohibit Chinese automakers from selling or producing passenger vehicles in the US, with tariffs on Chinese electric vehicles exceeding 100%; the Alliance for Automotive Innovation is pushing Congress for a permanent ban, hoping to pass it by the end of December. US-Mexico negotiations are planned to be reached before the November 2026 midterm elections, with tariffs, local content ratios and Chinese companies' investment in Mexico becoming variables, and both North American paths for Chinese automakers facing uncertainty.

4861 day ago

Huawei, JAC and Maserati in talks for cooperation: Chinese intelligent driving platform may enter ultra-luxury ranks under a “dual-brand” model

Reuters reported that Stellantis is in negotiations with Huawei and JAC Motors over a long-term cooperation for Maserati, intending to adopt Huawei’s Harmony Intelligent Mobility platform. The first jointly developed model targets production before the end of 2027 and may adopt a dual-brand model: MAEXTRO in the Chinese market and Maserati in overseas markets. Maserati’s global shipments in 2025 were less than 8,000 units, with an adjusted operating loss of €198 million. Improving capacity utilization at the Cassino and Modena plants is Stellantis’s core demand.

2586 days ago

DPCA's "New Ship" Sets Sail: China's JV Model Evolves from "Market for Tech" to "Tech for Global"

The official registration of Dongfeng Stellantis Automotive Technology (Wuhan) Co., Ltd. marks a new chapter for the 34-year-old Shenlong Auto. Six-party capital union, Chinese partners leading NEV core technology, Stellantis opening global channels — this is not a simple capital injection, but a fundamental shift in China's auto JV model from "foreign technology for Chinese market" to "Chinese technology + European brand + global network."

21025 days ago

Six Parties Inject 8.2 Billion Yuan: Dongfeng Stellantis JV Officially Launches in Wuhan

On August 20, 2026, Dongfeng Stellantis Automotive Technology (Wuhan) Co., Ltd. was officially inaugurated in the Wuhan Economic and Technological Development Zone. Six shareholders together invested approximately 8.2 billion yuan. The new company will focus on vehicle R&D, industrial investment, and NEV sales, with the first four new models expected to roll out starting in 2027 covering both BEV and PHEV powertrains.

56626 days ago

Dongfeng-Stellantis Tech JV Launches in Wuhan; Chery's H1 Overseas Revenue Nears RMB 100 Billion

Dongfeng-Stellantis Automotive Technology was officially established in Wuhan with registered capital of approximately RMB 8.2 billion, planning four NEV models from 2027. Chery's H1 2026 overseas revenue reached RMB 98.968 billion, up 51% YoY. Schaeffler and Shougang signed a low-carbon cooperation agreement to advance supply chain decarbonization.

23027 days ago

8.2B Yuan Backing: Shenlong Tech Launches Peugeot-Citroën EV Era

Shenlong Automotive Technology (Wuhan) Co., Ltd. was officially established on August 20 with registered capital of approximately 8.2 billion yuan. Jointly funded by Dongfeng Motor, Stellantis Group, and four industrial investors, the new company will lead the electrification of Peugeot, Citroën, and Jeep brands, with four new energy models planned for launch from 2027.

41128 days ago

Dongfeng Shenlong Technology Registered with 8.2B Yuan Six-Party Joint Venture Reshaping French Auto Landscape

On August 17, 2026, Dongfeng Shenlong Technology (Wuhan) Co., Ltd. completed business registration in Wuhan Economic Development Zone with registered capital of nearly 8.2 billion yuan. Established by six parties including Dongfeng and Stellantis, the company will adopt a cooperation model where Chinese partners provide NEV and intelligent technology while Stellantis contributes brands and global sales channels, with NEV models launching from 2027 onward.

42229 days ago

Chery Enters Global Top 10 Automakers for First Time with 4.1% Market Share

In H1 2026, Chery Group entered the global top 10 automakers for the first time with a 4.1% market share, tying with Ford for 9th place. BYD, Geely, and Chery collectively hold 13.5% of global sales, exceeding Volkswagen Group's individual share.

45642 days ago

Leapmotor Targets 1 Million Sales and 5 Billion Yuan Profit in 2026 — Where Does the Confidence Come From?

Leapmotor released its 2025 financial results: annual deliveries reached 596,600 units, up 103.1% year-over-year; revenue hit 64.73 billion yuan, up 101.3%; net profit reached 540 million yuan, making Leapmotor the second Chinese EV startup after Li Auto to achieve full-year profitability. For 2026, Chairman Zhu Jiangming set more ambitious targets: break through 1 million annual sales and lift net profit to 5 billion yuan. Three pillars support these goals: product matrix expansion (four new models launching within the year), deepened globalization (overseas target of 100,000-150,000 units, covering 35 countries with 1,800+ outlets), and extreme cost control capabilities (in-house R&D covering 65% of core costs). Leapmotor is also planning a second brand above 300,000 yuan for 2027, targeting the premium market.

46345 days ago

Leapmotor's Zhu: Carmaking Needs 20B Yuan Minimum — The Cost Code Behind a Decade of Comeback

Leapmotor founder and Chairman Zhu Jiangming recently admitted in an interview that building cars requires at least 20 billion yuan, adding "I wouldn't have started if I had known how capital-intensive it would be." The veteran who left security giant Dahua Technology in 2015 to venture into vehicle manufacturing has taken Leapmotor from a marginal brand selling fewer than 100 units per month to a top-tier new force automaker targeting 1 million annual sales. As of June 18, 2026, Leapmotor's cumulative global deliveries surpassed 1.5 million units, with the third 500,000 achieved in just 8 months. Zhu revealed Leapmotor adheres to full-stack in-house R&D, self-developing and self-manufacturing 65% of core components, with 70% of large components sourced within a 20km radius in Jinhua, Zhejiang. The company has raised its 2026 sales target to 1 million units and plans to launch a new independent premium sub-brand positioned above RMB 300,000.

52246 days ago

Leapmotor Leads with 356K Units in H1, New Force Landscape Accelerates Divergence

In the first half of 2026, China's passenger vehicle market saw a 20.2% year-on-year decline, yet Leapmotor delivered 356,500 units to top the new force rankings with 60.8% growth. June single-month deliveries hit a record 93,376 units, with overseas exports nearing 100K units — exceeding full-year 2025 exports.

73558 days ago

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