Stellantis, the second largest automaker in Europe after Volkswagen, seems to follow the lead from one of the speakers at the Schiller Institute seminar in Berlin, earlier this month: “The teachers have become students”—and is in negotiations with Chinese automaker DongFeng to take over troubled Stellantis production sites in Spain, France, Germany, and Italy.
According to Bloomberg, a DongFeng delegation visited four production sites in those countries recently, which “it may sell or share … according to people familiar with the situation. Current talks center around options on sharing the facilities to fill extra capacity, in exchange for access to technology, the people said. A sale of one or more plants could also take place, they said.”