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Stellantis Said to Be Interested in Bringing CN Automakers into European Biz, Once Holds Talks with XIAOMI-W/ XPENG-W
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Stellantis is evaluating the introduction of Chinese automakers to its European operations, while Stellantis shifts its investment focus to the Americas market, Bloomberg quoted sources as saying. It is reported that Stellantis has met with XIAOMI-W (01810.HK) and XPENG-W (09868.HK) to discuss various plans for restructuring Stellantis' European business, involving shares of Maserati or other brands. As Chinese companies seek to expand in Europe, the negotiations also involve acquiring auto manufacturing capacity, sources added. AASTOCKS Financial News Website: www.aastocks.com |
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