Stellantis

Stellantis has lost 22 billion euros with the electric car. Their hope to solve it is called Zaragoza

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Stellantis embarked on a path of rapid and aggressive transition to the electric car. Along the way, it merged models on the same platform, wanted to convert brands to zero emissions and lost the identity of some of them. The result is 20 billion euros of real and expected losses. Now, part of his future is at stake in Zaragoza with a Chinese car. Saragossa. The news was almost a not news because Stellantis, through the mouth of its CEO Automotive Newshad already confirmed that it would manufacture Leapmotor’s Chinese cars in Spain. By then, with a CATL factory in the middle of construction and already manufacturing Stellantis small electric cars, Zaragoza seemed the best placed city, ahead of Madrid and Vigo. Last week, Filosa himself reconfirmed what was already known but expanded the information with some nuances as stated in The Aragon Newspaper. The car will be manufactured in Zaragoza and will not be alone. And the company has awarded Spain the production of up to four completely electric Chinese models. It will, therefore, be the reconversion of Figueruelas. The Stellantis situation. Although the investments were already confirmed, the last presentation of results could have raised some doubts. Then Stellantis confirmed that the electric car would have a negative impact of 22,000 million euros in your accounts. This does not mean, exactly, that it loses that money, but it is the readjustment that amounts to the cancellation of two new factories, the compensatory payment to suppliers, the money invested in new developments and the money that will no longer enter the company’s coffers. All of this is a consequence of a project led by Carlos Tavares, former CEO of the company, which has failed. The Portuguese wanted to accompany the conversion to all-electric too quickly and with a very aggressive cost adjustment. The result has been too much product at dealerships that very few have bought and models little differentiated from each other with a total loss of identity between companies. Good news (1). Firstly, because the arrival of Leapmotor in Zaragoza represents support for the electric transition in Figueruelas. The factory will be in charge of producing one of the first purely Chinese electric cars to arrive in Europe, a key step to be able to sell them without tariffs. But this also guarantees two things. The first is the opening of a new assembly line because they cannot use exactly the same one as for the Opel Corsa, Peugeot 208 and Lancia Ypsilon electric that Figueruelas produces at the moment. The second is that it increases pressure on the production of batteries that CATL will set up nearby, giving greater support to the project. It remains to be seen if the other three Stellantis models will also roll out of their doors.. Good news (2). The second part of the announcement is interesting in that the Leapmotor B10, the first car to be assembled in Zaragoza, is different from the three mentioned above and that in itself is a reason for joy for Zaragoza. And it is that the Stellantis urban electric cars have not been working well in the market. Everything indicates that, in the future, these electric vehicles will have to receive the embrace of the European customer but at the moment it is not being like thatwhich raised questions about long-term production with a plant that could operate at half gas. The Lepmotor B10 is a car that Stellantis has hopes for because it is different. It has much more striking interiors, adjusted to the huge screens that the industry has demanded in recent years. And it has purely Chinese software and development, so Stellantis can play with the price because its investments have been minimal. The company has the power to distribute the car outside of China but the development, investments and sales within China have been left to Leapmotor itself. Strengths and weaknesses. Stellantis’ decision to produce in Spain reminds us the strength that our country has gained in Europe as a productive alternative to advance electric cars. Either because labor is cheaper than in countries like Germany or France, or because energy is also cheaper, Chery or Stellantis, with Leapmotor, have decided that they will manufacture on our soil. Spain has the advantage of a well-established industry that needs reconversion. The problem is that, for the moment, it has focused on the assembly of small cars (as also happens in Martorell) which are the ones that are having the most problems to sell them or, if necessary, for the brand to make a profit from them. It would be interesting for our country to expand its presence in the development of vehicles and not only focus its industry on their production. Therefore, it is good news that Chery also bets on our country for its new R&D&i space. Photo | In Xataka | Volkswagen’s cheap electric car is manufactured in Spain: this is the new megaconstruction that makes it possible

Europe has filled with Stellantis cars that are not sold. And Madrid and Zaragoza will pay the consequences

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Zaragoza and Madrid will suffer a temporary stop in vehicle production. This has been confirmed to us from Stellantis, who we have asked about the rumored machine stop in six European floors. With a stock that is not giving out, the company does not want to return to past times. Temporary. That is the makeup: a temporary stop. Although we have asked in Stellantis about stops distributed throughout Europethe company has only confirmed in our case those related to Madrid and Zaragoza. Nor have we been offered data on when and how long these stops will take place. If it is confirmed that the company for the Poissy factory, which produces the DS 3 and Opel Mokka, from October 13 to 31, 2025, according to the French media Echos. In Bloomberg They expand the stop to the Italian Pomigliano factory where the Alpha Romeo Tonale and the Fiat Panda are manufactured. There are already four confirmed plants but in the French media it was ensured that the strikes could affect up to six European factories. Spain. What is manufactured in our country? In Madrid, Stellantis produces the Citroën C4y C4 X, as well as its completely electric variants. For its part, in Zaragoza produces the small electric electric. That is, Los Lancia Ypsilon, Opel Corsa Ey Peugeot E-208. In addition, it had recently confirmed that the B10 Leapmotor would arrive in Spain and, everything indicates, should land in Zaragoza. The one that will not stop is the Vigo plant. There Stellantis produces the commercial vehicles of Peugeot and Citroën, as well as the 2008 Peugeot and its completely electric version that takes advantage of the lines of the electric vans. The stock. Stellantis’s intention is to reduce the stock of his stores. The company has long dealt with its stores at a healthy level. In fact, during The last call with shareholders Following the middle of the year results, the message was sent that the company had maintained a “strong discipline in inventories after the corrective actions of 2024” and that it is “maintaining that discipline throughout 2025”. These messages are not causal. The company has been dealing with an enormous overstock, especially in the United States. So much so that in that market some of their concessionaires came to accumulate so many fiat 500 electric that ended give them away to take them off. The company does not want to be in a similar situation but some of its products are becoming outdated and are increasingly complicated to sell. That is why the production of cars such as the Alfa Romeo Tonale or the DS3, which do not reap good results. A serious problem. In your latest results reportStellantis confirmed that the network has more than 1.2 million cars without selling. Of these, 300,000 are possession of the group but there are more than 900,000 cars distributed by independent dealers to those who have not given exit. In Europe, in addition, this inventory has grown by 7% compared to 2024 because products to the available cars portfolio have been added. Among the data maremagnum, he emphasizes that Stellantis has produced fewer cars but his margin has also collapsed. If we talk about Europe, the company had already reduced its production in about 100,000 units but its benefit for the sale of these cars has collapsed at 2,000 million euros, because of discounts to sell vehicles in stock, low sales and the obligation to repurry units set on the market. Sales. In that last fact, sales were made. At the end of August, According to AceaStellantis has reduced its sales by 8.9%. And what is worse, the rivals eat ground because their market share has gone from 17,%to 15.9%. The reorganization in the portfolio of its range leaves us dramatic falls in what we have been. For example, Opel, its third best selling brand, falls 11.8%. Fiat, its fourth best brand, falls 19%. Lancia, which only has the electric ypsilon, falls by 72.8%. And the electric? When it was confirmed that Zaragoza was going to continue receiving electric cars, Like the Leapmotorwe already explain that the news can be seen from two perspectives that seem contradictory. The optimistic is that Zaragoza will manufacture the electric cars of Stellantis, which should guarantee the future of the long -term factory, especially if we take into account that, together with CATL, the company will raise a battery production plant To nurture your lines. This should be the confirmation that the bet is very serious. The pessimistic is that although the small electric car Sales should increase (especially if manufacturers want to meet the maximum limits set and flee) They will have to put these cars on the market. But, for now, they continue to demand certain complications from their owners and, therefore, they are being more complicated to sell even if they lower their prices. And a financial situation … difficult. To all of the above we must add what we have already counted a few weeks ago. Stellantis is going through a complicated moment in some decisions made by Carlos Tavares in the past. His commitment to the multienergy platform has forced the company to make great efforts to develop the Stla Medium and Small. Those economic results are still green. But, in addition, they have gotten into investments such as hydrogen and two electricity cars that They have been canceled. In total, 3.3 billion euros in the trash. Photo | Stellantis In Xataka | Before developing a pile of hydrogen or competing with Chinese electric, Stellantis has chosen a third way: surrender

Stellantis awaits a ship with open arms. One loaded with Chinese cars to assault the SUV of 30,000 euros

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China has an objective with its automotive industry: flooding Europe and other main markets with its cars. Its main bet is the electricbut Chinese brands are consolidating in the West with All types of motorizations. Saic, Geely, Byd and, of course, Xiaomithey are increasingly recognizable brands in the market, but at the end of 2024, Another joined the party: Leapmotor. Its objective is to compete in the most tight price segment, and for this they joined Stellantis. Now, the first ship loaded with the new LEAPMOTOR B10 China has left Rumbo to Europe. And it is a serious bet to assault the urban electric SUV segment of 30,000 euros. Stellantis 🤝 China. Stellantis is one of the largest automotive groups, but in recent years he has had to face a Image crisis due to its Puretech engines. Millions of cars with potentially defective engines translate into A guarantee extension (with the cost that this implies for the brand), Millions of euros have burned in unsuccessful developments and have even managed to anger the Italian police. To try to bite in the electricity share of the electric, at the end of 2023 He invested 1,500 million euros in Leapmotor for have 21% of the company. With that movement it became a Strategic shareholder of the Chinese companybut they also created a joint venture called Leapmotor International led by Stellantis (51%) and Leapmotor (49%) that gives Stellantis exclusive rights to export, sell and manufacture Leapmotor products outside China. In a nutshell: Stellantis assembles and sells Chinese models in Europe and other markets and Leapmotor takes advantage of the Stellantis distribution network to consolidate its position in the global market. And a very important model is the B10. LEAPMOTOR B10. Leapmotor has designed the B10 with the international market in mind. It has a 218 hp motorization and something common with the rest of Chinese cars (and following the trend that It has swallowed until the identity of Mazda), a 14.6 -inch screen dominates the interior. After the steering wheel there is an instrument frame that is also a panel of 8.8 inches. It has a length of 4.52 meters by 1.89 meters wide and will arrive with two battery options. On the one hand, 56.2 kWh that allows up to 361 kilometers WLTP. On the other, 67.1 kWh for up to 434 kilometers. The load is up to 168 kW, allowing 80% of the battery to recover in half an hour. Leven Anclas. The commercial debut of the SUV will occur in the IAA Munich Mobility. It is one of the most important windows for electric vehicles and, both Stellantis and Leapmotor, they want to ensure a good inventory for possible buyers. China wants to dominate the electric cars sector in Europe (And not just electric), And companies do not conform to rent huge ro-ro ships To transport your product. We have already seen cases like byd either SAIC opening a flotTo transport their cars, and Leapmotor has also secured his, but without having his own fleet. An alliance with the Italian Grimaldi Group is the one that will allow the Chinese company to use its ships, including the latest generation, for its operations. The fact that It has already started from China With 2,500 units of B10 is the great Tianjin, which holds imposing figures: 200 meters of length. 38 meters manga. Capacity for up to 9,241 units. Electrical system to avoid emissions during scales. Low emissions man engines prepared for future conversion to fuels without carbon. Rivals. The idea is that the great Tianjin arrives on time for both the presentation at the German event and for the start of sales in concessionaires. In addition, its arrival will allow Stellantis to have a car to compete, directly, with the most settled electronic SUVs in our market such as the Renault Scénic E-Techhe Volkkswagen ID.4he Byd Atto 3 And the most ‘dangerous’, the MG ZS EV. The version with less autonomy is expected to be positioned for less than 30,000 euros, a figure lower than those of those direct rivals, but we must wait for the official presentation to confirm it. Climbing. Although the IAA Mobiliy is the event that marks the start of Stellantis and Leapmotor operations with the B10, companies will not limit this model to the European market. Apart from 20 countries on the continent, the intention It is selling it in the Middle East, Asia, Africa and South America at the end of this year. Images | Stellantis In Xataka | Family and friends keep asking me if “it is worth buying a Chinese car.” This is my answer

Stellantis wanted to conquer China with his combustion cars. What has happened to almost any other western company has happened

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The Changsha court has finally declared bankruptcy The Gac-Fiat Chrysler Automobiles joint company, thus closing the final chapter of Stellantis in the Asian giant. The news was already expected since 2022 when the group came into liquidation. After debts equivalent to more than 1.1 billion dollars and five failed public auctions, the dream of conquering the largest world car market ends in failure. The end of a 15 -year adventure. The Joint Venture GAC-FCA was born in 2011 With huge ambitions: 17,000 million investment yuan, two production and capacity plants for 300,000 vehicles per year. Under the baton of Sergio Marchionne, the project intended to bring brands such as Jeep and Fiat to the Chinese market with models adapted to local needs and trends, including the Jeep Renegade, Compass and Cherokee, in addition to the Fiat Viaggio and Ottimo. Free fall after initial success. After reaching its peak in 2017 With more than 200,000 units soldGac-FCA experienced an unstoppable descent. Sales collapsed to 124,780 units in 2018, continued to fall in 2019 and reduced just 20,396 units in 2021. Insufficient numbers for a market of more than 25 million vehicles per year and a muscle like Gac-FCA. The problem of combustion engines in China. While the Chinese market turned to electric vehicles and plug-in hybrids, Gac-FCA remained faithful to combustion engines. This strategy is over resulting fatal In a country where new technologies and electrification have become the norm. And it is that Chinese consumers have been opting for the electricity in an environment of high competitiveness between automobile manufacturers. The failed attempt to save yourself. In 2022, Carlos Tavares tried to recover control increasing Stellantis’s participation From 50% to 75%, but GAC publicly rejected the maneuver. The joint company entered into a restructuring process and, subsequently, in liquidation. Five public auctions to sell land, equipment and the two factories were deserted, something common in China where it is more profitable to build from zero electric vehicles. Historical symbolism. Stellantis withdrawal marks the end of a historic era. Jeep was the first foreign brand to make cars in China when AMC invested 16 million dollars in 1983 To produce the Cherokee XJ. Peugeot contributed in the mid -80s to the creation of GAC as a car manufacturer, transforming what was a bus repair workshop into a company produced by Peugeot 505. Citroën arrived in 1992 and came to manufacture 719,000 cars in 2015. Another western company in China Fallida. Stellantis’s case is not isolated. Is Another great western company that perishes in China Given the high competition, aggressive and regulatory costs of the country. It is the example that you don’t care who you are. Even Stellantis, the world’s largest car group (in terms of volume of brands and models), which began as a Peugeot partner and now has a full range of electric vehicles of its own creation, has not even been able to adapt to the Chinese market. The new strategy: ally with China. Paradoxically, after leaving China as a manufacturer, Stellantis returned as a investor. Carlos Tavares bought in 2023 21% of Leapmotora Chinese company of electric vehicles, with the intention of sell these cars in Europe “With a great margin of benefits.” A strategy that reflects the new reality: if you cannot compete with China, join it. Cover image | Dinkun Chen In Xataka | The most ambitious shopping center in China is not formed to sell: the Wushang Dream was a mini -city with a roof

After Puretech, Stellantis calls thousands of cars with 1.5 BlueHdi engine in Spain. In France there are 600,000 affected

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Thousands of Citroën, Opel, Peugeot, DS and Fiat. Specifically, those of diesel that mount the 1.5 BlueHDI engine and that were manufactured before February 2023. Stellantis has called for revision to more than 600,000 units of these cars in France, as confirmed by our partners from L’Automobileand is already beginning to do the same in Spain, as the company has confirmed to our colleagues from Motorpasion. In Spain, for the moment, the scope of the Call for review In figures but it has been confirmed that a review campaign begins in which the status of the chain will be verified since it can be broken prematurely. A breakage of the chain, Most likely, it ends the life of the engine since the repair is so large that the arrangement is not worth it. Those affected will be called to revision by waves with a communication by the brand but also with A letter from the DGT that will ask the owners of these vehicles to go through the workshop. Puretch ghosts come back Although Stellantis has not given the exact figure of those affected in Spain, the list of vehicles is long since it is an engine that has been used in much of the models of the companies specified above. Specifically, the following models will have to go through the workshop as long as they will be manufactured between October 2017 and February 2023: Citroën: C3 and C3 Aircross (2018-2023), C4 and C4 Cactus (2020-2023) as well as the C4 Picasso and C4 SpaceTourer (2018-2023), C5 Aircross (2018-2023). Peugeot: 208 and 2008 (2018-2023), 308 and 3008 (2017-2023), 508 and 5008 (2017-2023) Opel: Corsa (2019-2023), Crossland X and Crossland (2018-2023), Mokka (2021-2023), Astra (2022-2023), Grandland X and Grandland (2018-2023). DS: DS 3 and DS3 Crossback (2019-2023), DS 4 II (2021-2023), DS 7 Crossback (2017-2023). In the same way the following commercial models are affected: Citroën Berlingo (2018-2023) and the SpaceTourer and Jumpy (2018-2023), the Opel Zafira Life and Vivaro (2018-2023), the Peugeot Traveler and Expert (2018-2023), as well as the Fiat Double and SCUDO (2022-2023) or the Toyota Proace and Proace City (2018-2023) that continued to assemble this engine after the agreement with the old PSA. In the affected models, after the checks, Stellantis will decide whether to make a chain change or a reprogramming of the software. The problem is that the chain has a width of 7 millimeters in diameter that since February 2023 has been replaced by a 8 millimeters. The diagnosis will be made Analyzing the noise of the vehicle that, according to the company, will be decisive when replacing or not the piece. If they consider that it should not be changed, it will be when the reprogramming is performed. While this campaign is launched, Stellantis has announced that Special coverage will be applied. Vehicles equipped with this 1.5 BlueHDI engine, manufactured between October 2017 and January 2023 will have 100% of the cost of the parts or the replacement of them up to 240,000 kilometers or 10 years, which before happens. If the car is affected, the client has the right to be reimburse On this website But it is necessary to have fulfilled the manufacturer’s maintenance obligations. This way of acting is very similar to the one that has been applied with the Defective PureTech engines of the company. In that case, the blocks of gasoline They had the same problem, with a degradation of the distribution strap that could end with a complete breakage of the same and the engine. Stellantis has had to face the call to review thousands of vehicles but, above all, a Image loss in terms of quality who has tried to alleviate with The extension of the guarantee to the affected engines. However, he is facing a Collective demand in our country. Photo | Citroën In Xataka | The ghost of the Puretech engines chases Stellantis: it will pay repairs from 2022 to 2024 if these conditions are met

The maneuver Stellantis is testing in the United States

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Imagine the situation: you go with your car so quietly back home. It’s time to eat, you are tired, stop at a traffic light and in the Info -detached screen An ad appears to buy a car subscription. Now stop imagining it, because this is already happening in Stellantis vehicles. Specifically, it has jumped to light thanks to the complaints of vehicle users of the Jeep brand. And it is not a mistake, but a function. “Buy tranquility.” Marras’s controversy has occurred when a user has shared a photo In Reddit in which an announcement is shown that occupies the entire screen of the car in which the brand encourages us to “buy tranquility.” Surely tranquility is the last thing someone would feel when paying for a car and that advertisements appear on the screen, but this user’s announcement with a Grand Cherokee with a Uconnect system says: “Flexcare extended Care Premium plans are backed by the factory and offer you peace of mind in case of mechanical breakdown. Press the “call” button to talk to a specialist. The odometer must mark less than 57,936 kilometers to buy it. ” Marras pop-up A problem. If you have more of those kilometers in the account, you will see an advertisement that, in addition, it is useless. If you do not have them, they have interrupted an action such as looking for something in the music system or checking an address in the GPS. A equis appears in one of the corners to close the Pop-upbut it is evident that it is a situation that has gone control. It is something that bothers the experience, since you may want to use the screen for something fast and concrete and you have to be looking for the symbol to close the advertising box. Also, like indicate Users, these ads appear every time you stop the vehicle. And some do it with a software failure. It feels. It is not the first time Someone complains about this, but it may be the most popular. The answer It has arrived by two ways. When a user shared his surprise about this in the forum 4xeforums For Jeep enthusiasts, from the Jeepcares service it was replied that they lamented frustration, which recommended customers to click on the EQUIS and eliminate past notifications. But that “the ads are part of a contractual agreement with Sirius XM” On the Carscoop website they contacted Stellantis and a representative confirmed That it is a message designed to inform Jeep’s customers “about the extended caring options of the vehicle.” And the software failure? Well, among the options for the announcement to go, we have to call, the Equis and the “ok”. The problem is that it seems that a bug made pressing in “OK” not use of anything, but from Stellantis they also confirmed to Carscoops that they are working to solve this error. In The Drive They comment that these windows can be deactivated, but you have to go to the Jeep Connect website, create a user account with mail and password and navigate to a section in which you can disable emerging windows. And the most curious thing that has made the controversy jump is that the user Comment That, in two years, the announcement had not appeared, but last week it reached the mileage indicated and the advertising began to jump. Fatigue. In the end, the underlying problem is what is known as subscription fatigue. The services that, currently, work with subscriptions are countless, even if they do not need it, and in the case of advertising in cars, it is something similar to the advertisements in prime video: it is not a cheaper rate, but to the that you had before you put ads. And it is evident that automotive companies seek a more continuous cash flow than they simply have for the sale of vehicles. There are few cases of subscriptions to unlock functions installed in cars, such as BMW idea of charging $ 80 a year for using Carplay (initially were 300 dollars) the Annual Mercedes Subscription that, for more than 400 euros a year, allowed to expand the angle of turn of the directional rear wheels or the Klim smart airbag. US problem. Advertising is no longer so much, but the business model that many companies in the sector are pushing. Now, it seems something located in the United States with its subscription and insurance program. Jeep, and the cars of the Stellantis group are important both in the European and Spanish market. We have contacted a Jeep Spain representative who confirmed that they know nothing. “Spain is part of the G5 of Europe, of the strongest markets of Jeep, and it is not something that is being applied or that they have reported,” they confirm. And this is extrapolated to the rest of Europe. Therefore, although from the same group they already confirmed a few years ago that subscriptions would be very present in your business modelin Spain you do not have to worry about the moment about this advertising implementation on the cars screens. Images | Reddit In Xataka | Large car manufacturers have launched the subscription models. Volvo believes that they are precipitating

Spain will manufacture the electric car that Europe needs. And Stellantis’ commitment to Vigo and Zaragoza is the proof

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It had been a while since it was rumored but it has been a official communication from Stellantis which has settled the matter: the STLA Small multi-energy platform is awarded to Spain. The Vigo and Zaragoza plants have their future guaranteed by producing the smallest electric or electrified cars of the automotive group. In addition, Stellantis has also confirmed that it is working on a project to modernize the Villaverde plant in Madrid and give it life beyond the current production of the Citroën C4. The announcement of this award is really important for the Galician and Aragonese plant that in recent years They have feared for the future of their jobs. Furthermore, without leaving Aragon, the confirmation that Stellantis will manufacture its electrified B segment cars there is an endorsement of the joint plans that it maintains with CATL to build a huge battery plant for electric cars next to Zaragoza. The electric car that Europe needs to succeed In your path towards cleaner mobilityIn 2025, Europe will have one of its first touchstones. The new emissions regulations will force us to significantly reduce the combustion car market and increase, even if artificially, the market share of electric and plug-in hybrids. Even if this requires reducing the production of vehicles with combustion engines. Manufacturers who do not act in this way will have to face billion-dollar fines which will be calculated from 95 euros for each gram of CO2 exceeded (the fleet average must not be higher than 93.6 gr/km of CO2) and car sold. In addition to balance your production, Stellantis will pay Tesla to reduce their polluting emissions and present themselves to the European Union under the same group. With this panorama, Europe will have to take a breath and cross its fingers before checking If the customer is willing to pay what the manufacturers ask for for smaller electric cars. The reception of those of 25,000 euro vehicles will be key to understand if the goals set regarding emissions are realistic or, on the contrary, have been overestimated. In that price range, compact and smaller electric cars are the ones that will have to be attractive enough to convince potential clients. These cars are the ones that Stellantis will manufacture on the platform STLA Smalla base that allows vehicles mounted on it to achieve ranges of up to 500 kilometers. But, above all, they have the advantage of being multi-energy and, therefore, offering hybrid versions (plug-in or not) of the same car. This platform has been the one that has been awarded to Vigo and Zaragoza. It is an especially important announcement since they keep alive two plants that last year produced 890,000 vehicles (one in every three cars of all national production), according to Five Days. The economic newspaper assures that, although there is no official data, Stellantis’ investment in modernizing the Vigo and Zaragoza lines for its STLA Small will be around 900 million euros and that, in total, 5,000 million euros will be invested in our country if added to the amount of the new CATL battery plant in Zaragoza. This combo of a car production plant and batteries for said cars is great news for workers. It must be taken into account that, beyond European trends, countries such as France They are betting heavily on electric vehicles of the size that Vigo and Zaragoza will manufacture. It is not only a question of how many electric cars are sold in Spain. Furthermore, Spain is positioned as an interesting country to produce automobiles that, in addition to having a lot to gain from customers, are of special interest to manufacturers. The new regulations will force them to sell more electric vehicles, so greater competition is expected at the most reasonable prices. The award of STLA Small also confirms that Spain is making a especially competitive gap between countries willing to manufacture cars that leave very little profit margin for manufacturers. The smaller and more electrified a car is, the less profit a company can make from it, which is why Spain feared that part of the production of these cars would end up in Eastern Europe. Morocco either Türkiye. As is now happening with Stellantis, the Volkswagen Group also confirmed that Martorell will be the indicated factory to produce its smaller electric cars. An investment that also adds a billion-dollar battery plantthat of Sagunto. The energy and labor costs in Spain are being quite an attraction for manufacturers who have important conflict fronts open in Italy either Germanywhere they propose thousands of layoffs or factory closures. Photo | Stellantis In Xataka | The ghost of PureTech engines haunts Stellantis: it will pay for repairs from 2022 to 2024 if these conditions are met

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