Stellantis evaluates sale of four European plants

The automaker is in talks with potential partners and buyers regarding surplus manufacturing capacity in Europe. Chinese firms have already toured several sites.

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Automotive giant STELLANTIS NV is reportedly exploring the sale or shared operation of four European manufacturing facilities as it seeks to mitigate significant surplus production capacity. According to reports, the automaker has informed the governments of France and Italy that its regional overcapacity is equivalent to the output of four plants.

The Stellantis corporate logo displayed on the company's facility in Poissy, France. REUTERS/Stephanie Lecocq/File Photo
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