“I was contacted by several Chinese car manufacturers hoping to buy some brands, but I declined.” During the Paris Motor Show, Stellantis Group CEO Tang Weishi said that currently all 14 brands under the group are currently profitable, so no strategic discussions have been initiated, but in the future, Stellantis Group will not be able to retain brands that no longer create value for customers. The Stellantis Group was formed from the merger of France's Peugeot Citroen and Fiat Chrysler. Currently, it owns 14 car brands including Fiat, Chrysler, Peugeot, Citroen, and Maserati. In addition, Stellantis Group also holds about 20% of the shares of Zero Sports Auto, a new car manufacturer in China.

Zhitongcaijing · 10/17 11:49
“I was contacted by several Chinese car manufacturers hoping to buy some brands, but I declined.” During the Paris Motor Show, Stellantis Group CEO Tang Weishi said that currently all 14 brands under the group are currently profitable, so no strategic discussions have been initiated, but in the future, Stellantis Group will not be able to retain brands that no longer create value for customers. The Stellantis Group was formed from the merger of France's Peugeot Citroen and Fiat Chrysler. Currently, it owns 14 car brands including Fiat, Chrysler, Peugeot, Citroen, and Maserati. In addition, Stellantis Group also holds about 20% of the shares of Zero Sports Auto, a new car manufacturer in China.