Stellantis CEO says Leapmotor venture a model for future China partnerships
Stellantis has a mutually rewarding partnership with China's Leapmotor which can be a model for future cooperation with other Chinese automakers, C...
Opening excerpt (first ~120 words) tap to expand
The logo of Stellantis / Reuters Stellantis has a mutually rewarding partnership with China's Leapmotor which can be a model for future cooperation with other Chinese automakers, CEO Antonio Filosa said on Thursday."We take this partnership as an example of what we can do with, for instance, (another) Chinese automaker," Filosa said in a call with journalists, after the Franco-Italian company presented its first quarter results.Stellantis teamed up with Leapmotor in 2023 when it acquired around a fifth of the Chinese company and formed a joint venture in charge of producing and selling Leapmotor cars outside of China.Stellantis will this year start assembling Leapmotor's B10 compact SUV in Spain, while Reuters reported earlier this month that the two groups were in advanced talks to…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Korea Times.