Owner of Jeep and Fiat, Stellantis Threatens to Close Factories With the Arrival of Chinese Production in Europe

Written by Roberta Souza

Published on 18/04/2024 at 10:20

Foto: adaptação divulgação stellantis

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Conflict Between Stellantis And Italian Government Calls Into Question Future Of Jeep And Fiat Brands In Europe. Learn More!

Stellantis, the company responsible for the Jeep and Fiat brands, is facing a turbulent moment due to a possible agreement between the Italian government and Chinese companies for production in Europe. Stellantis’ refusal to increase production in Italy has led the government to consider the entry of Chinese companies BYD and Chery into the European market, raising concern within the company, according to the website Garagem 360.

The Italian government is looking to increase vehicle production in the country, pressuring Stellantis to expand its output to 1 million vehicles, instead of the current 750,000. In light of Stellantis’ refusal, the government has begun negotiations with Chinese companies, worrying the automaker.

How BYD Is Dominating The Electric Vehicle Industry

Possibility Of Factory Closures In Europe

Carlos Tavares, CEO of Stellantis, has threatened to close factories in Italy if Chinese production is authorized. He warned that the entry of Chinese companies into Europe could lead to a reduction in Stellantis’ market share, even with efforts to increase productivity.

ARTICLE CONTINUES BELOW

Job Cuts And Possible Strike In Europe

Despite the investments, Stellantis plans to cut over 3,700 jobs in Europe, which has raised concerns and strike alerts from the metalworkers’ union.

Stellantis is not the only company questioning the entry of Chinese firms into Europe. The CEO of Renault proposed a plan to protect Europe from what he referred to as “Chinese EV Attack”, highlighting the European automotive industry’s concern over Chinese competition.

6 Comments

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older Most voted

Marcus Burjato

#2975

20/04/2024 07:56

O mundo se cansou de pagar caro por produtos ruins a China vende produtos razoáveis por bom preço,governos europeus cobram impostos absurdos a China não.Agora querem proteção

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Sérgio Afonso(@sergio202365)

#2971

Member

20/04/2024 07:38

Falam tanto em liberdade e não sei mais o que, mas deixem meu bolso em paz! Kkkk…A palavra mais odiada do momento é CONCORRÊNCIA!!!

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Carlos José de Jesus dos Anjos

#2857

19/04/2024 17:20

A STELLNTIS e um aglomerado de fábricas, considerada uma das maiores só mundo e agora tá com medo dos veículos ASIÁTICOS? Não entendi!!

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Owner of Jeep and Fiat, Stellantis Threatens to Close Factories With the Arrival of Chinese Production in Europe

Conflict Between Stellantis And Italian Government Calls Into Question Future Of Jeep And Fiat Brands In Europe. Learn More!

How BYD Is Dominating The Electric Vehicle Industry

Possibility Of Factory Closures In Europe

Job Cuts And Possible Strike In Europe

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Owner of Jeep and Fiat, Stellantis Threatens to Close Factories With the Arrival of Chinese Production in Europe

Conflict Between Stellantis And Italian Government Calls Into Question Future Of Jeep And Fiat Brands In Europe. Learn More!

How BYD Is Dominating The Electric Vehicle Industry

Possibility Of Factory Closures In Europe

Job Cuts And Possible Strike In Europe

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

SpaceX will dock a $843 million vehicle to the International Space Station to push a nearly 420-ton laboratory against the atmosphere and make the debris fall in a controlled manner into the ocean.

China opens the world’s first school where more than 100 humanoid robots from different brands will study together, each movement will be repeated up to 600 times a day and the data will feed a collective brain that will teach all the robots of the future.

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