Kia Signs Assembly MoU with Stellantis in Malaysia
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 09 2026
0mins
Source: Yahoo Finance
- Local Assembly Partnership: Kia has signed a memorandum of understanding with Stellantis in Malaysia, with production set to commence in Q3 this year, aimed at enhancing the brand's competitiveness in the Malaysian and regional markets through local assembly.
- Production Facility Utilization: Stellantis Malaysia will conduct completely knocked down (CKD) assembly at its Gurun facility, supporting multi-powertrain model assembly and ensuring production capabilities for both current and future Kia models.
- Strategic Localization Plan: This agreement is part of Kia Malaysia's long-term localization and manufacturing strategy, aimed at expanding CKD vehicle production and strengthening its business presence in Malaysia and the ASEAN region.
- EV Manufacturing Initiative: Stellantis Malaysia recently began local assembly of Leapmotor electric vehicles at the Gurun facility, marking the official start of its EV manufacturing operations in Malaysia and further positioning the country as a regional EV manufacturing hub.
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Analyst Views on STLA
Wall Street analysts forecast STLA stock price to rise
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7 Buy
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Moderate Buy
Current: 6.470
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11.81
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Current: 6.470
Low
9.33
Averages
11.81
High
15.15
About STLA
Stellantis N.V., formerly Fiat Chrysler Automobiles N.V., is a holding Company based in the Netherlands and operates as an automaker and a mobility provider. The Company is engaged in designing, engineering, manufacturing, distributing and selling vehicles, components and production systems. The Company has industrial operations in more than 30 countries and sells its vehicles directly or through distributors and dealers in more than 130 countries. The Company designs, manufactures, distributes and sells vehicles for the mass-market under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia and Ram brands. In addition, the Company designs, manufactures, distributes and sells luxury vehicles under the Maserati brand. The Company's brand portfolio also includes Peugeot, Citroen, DS Automobiles, Opel and Vauxhall. It offers a wide variety of vehicle choices from luxury and mainstream passenger vehicles to pickup trucks, sport utility vehicle (SUVs).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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