USSTOCK.TODAY
Pre-Market
Log in Sign up

Stellantis begins production of Leapmotor vehicles at Spanish plant

Wards Auto · ·by G4L

STLA
STLA Stellantis N.V
$4.26 -3.62%
View chart & analysis →
  1. 1Stellantis began production of Leapmotor vehicles at its Zaragoza plant in Spain on October 16.
  2. 2The two companies established a joint venture in 2023, with Stellantis holding a 51% stake in Leapmotor International.
  3. 3Leapmotor, which holds a 49% stake in the Leapmotor International joint venture of Zhejiang Leapmotor Technology, views Europe as a strategic part.

So what's the key point?

Stellantis has started making Leapmotor cars at its factory in Spain. This is a move by the two companies to work together and target the European market.

Source Wards Auto · View original ↗

Related 3-line summaries

Stellantis faces Fiat production disruptions in Italy due to component shortages Just Auto +2 · Nov 4Weakening competitiveness of US automakers and rapid growth of Chinese brands Chicago Tribune · Nov 2Stellantis shares rise approximately 15% following Q3 earnings release The Motley Fool +1 · Nov 1
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news