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.”
