STLA News & Events

Stellantis (STLA) executives have met with China's Xiaomi (XIACY) and Xpeng (XPEV) to discuss options for an overhaul of the carmaker in Europe, including acquiring stakes in Maserati or other brands and possibly investing in the Fiat owner's struggling European operations, people familiar with the matter told Bloomberg's Albertina Torsoli, Daniele Lepido and Donato Paolo Mancini. "As part of its normal course of business, Stellantis holds discussions with a range of industry players around the world on various topics, always with the ultimate aim of providing customers with the best mobility choices. The company does not comment on speculations," the automaker is quoted as having stated to Bloomberg.

Stellantis exploring deals with Chinese carmakers, Bloomberg says

China's commerce ministry warned of another global semiconductor supply chain crisis due to conflicts between Nexperia and its Chinese subsidiary, Eduardo Baptista of Reuters reports. Last October, production in the global auto industry was disrupted after Beijing imposed export controls on Chinese-made Nexperia chips. While the chip shortage eased after negotiations, the conflict between Nexperia's headquarters and its China-based unit has only intensified. Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC), Lucid Group (LCID), Mercedes-Benz (MBGYY), Nissan (NSANY), Rivian (RIVN), Stellantis (STLA), Tesla (TSLA), Toyota (TM), BMW (BMWYY), Audi (AUDVF), and Renault (RNSDF).