Stellantis, the carmaker that owns the Jeep and Citroën brands, will launch twelve additional vehicles in India by 2030 and spend $421 million at current exchange rates over the next three years. The plan, called FaSTLAne 2030, was announced on October 15, according to Autocar India. Shailesh Hazela, managing director...
Stellantis Expands Its India Investment to Add New Jeep and Citroën Models
Car maker Stellantis that owns the Jeep and Citroën brands and bought Chrysler Corporation will invest an additional $421 million in India over the next three years. The money will fund twelve vehicles across the two brands: seven all-new models and five major upgrades. Shailesh Hazela, chief executive and managing director...
Stellantis Takes Full Ownership of Its India Manufacturing Plant
Stellantis, the automaker headquartered in Hoofddorp, Netherlands (and the owner of Chrysler), has taken full ownership of its vehicle plant in Tiruvallur, in southern India, by buying out the remaining stake held by its India joint-venture partner. The companies did not disclose the price or the size of the stake....
Stellantis Expands Digital Hub in India
Amsterdam headquartered automaker Stellantis inaugurated its second software center in Bangalore, India. Its first global digital hub in India is in Hyderabad. Spread across 50,000 sq.ft, the facility will serve as the main development center for the SmartCockpit Technology Platform that will focus on digitally integrating vehicles and drivers. The hub,...
Automaker Stellantis to Expand Footprint in India
Amsterdam-headquartered automaker Stellantis will step up its presence in India by launching three new vehicles under the Citroen brand starting next year, said CEO Roland Bouchara. Stellantis was founded earlier this year after the merger of Fiat Chrysler and Peugeot maker PSA. These vehicles will be developed and produced in...