stellantis
Multinational carmaker Stellantis is planning a multibillion-dollar investment in South America. The firm, which has its corporate headquarters in the Netherlands, announced on Thursday that it would invest €5.6 billion ($6.1 billion) in the region from 2025 to 2030. "The planned investments will support the launch of more than 40 new products during the period as well as the development of new Bio-Hybrid technologies, innovative decarbonization technologies across the automotive supply chain, and strategic new business opportunities," the company said. Bio-hybrid technologies combine electrif...
DPA
Dutch multinational carmaker Stellantis on Monday said it has inked multi-billion euro frame agreement with leasing and fleet management company Ayvens. The deal involves the sale of to 500,000 vehicles across Europe by 2026. As per the agreement, Ayvens' affiliates will buy the vehicles for its long-term leasing fleet across Europe. The company expects the first significant delivery volumes to begin in the first half of 2024. The customers of Ayvens, which was formed in May 2023 when ALD Automotive acquired LeasePlan, will be offered brands including Alfa Romeo, Citroen, DS Automobiles, FIAT,...
DPA
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