Stellantis (STLA) is partnering with Dongfeng Motor (DNFGY) (SNFGY) to explore a new model for Sino-French joint ventures with DPCA at its core. “This aligns perfectly with our vision of relaunching our second entrepreneurship journey,” Liu Ziqing, member of the Standing Committee of CPC Wuhan Municipal Committee and secretary of the WEDZ Party Working Committee, said.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on STLA:
- Stellantis Stock (STLA) Shifts Gear as Q1 Vehicle Shipments Climb — Is the Comeback Starting?
- Stellantis reports Q1 consolidated shipments 1.4M units, up 12%
- How Amazon (AMZN) Is Taking a Bigger Swing at the Auto Market
- Midday Fly By: Delta reports Q1 beat, Bed Bath & Beyond to buy F9 Brands
- Trump Trade: U.S.-Iran talks to end war said to begin Friday