Stellantis CEO to unveil strategic plan addressing global restructuring
Stellantis CEO announces strategic plan May 21 following €20 billion restructuring provision.
Event / Economy
Stellantis Chinese EV Production
Stellantis partners with Leapmotor to establish Chinese electric vehicle production in Europe, including Spanish facilities and Opel co-production, while discontinuing some existing European plants.
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2026-08-18 to 2026-11-15 · UTC publication dates
Coverage begins 16 Apr, 08:37 UTC
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What happened
Leapmotor delivered over 40,000 vehicles to Europe in 2025
Leapmotor's joint venture with Stellantis expanded its presence to more than 850 sales and service points across Europe and shipped over 40,000 vehicles to the region in 2025, including its affordable T03 model.
Citroën C4 production to end at Madrid Villaverde facility
Stellantis announced the planned discontinuation of Citroën C4 production at its Madrid Villaverde plant. This transition is part of the company's strategy to reallocate production capacity, with the facility potentially shifting to Leapmotor vehicle assembly starting in 2028.
Stellantis CEO Antonio Filosa to unveil new strategic plan on May 21
Stellantis CEO Antonio Filosa is scheduled to present the company's new strategic plan on May 21. This announcement is expected to address broader restructuring initiatives and factory capacity management across the automotive group.
Stellantis announces end of automobile production at French Poissy facility
Stellantis announced the cessation of automobile production at its Poissy site in the Paris region, France. This closure is part of broader restructuring efforts as the company addresses factory overcapacity across Europe, where assembly sites operate at approximately 50% capacity on average.
Opel electric SUV to be co-designed and produced by German-Chinese partnership starting 2028
A new Opel electric SUV would be designed by Opel in Germany with international teams based in Germany and China, and produced at the Saragosse facility starting in 2028. The vehicle would integrate Leapmotor's competitive Chinese components for electrical architecture and battery technology, enabling faster development timelines and more accessible pricing for European customers. This collaboration would serve as a reference model for future cooperation between Stellantis and Leapmotor.
Leapmotor to produce 'Made in Europe' vehicles using local components to avoid EU tariffs
Production at the Madrid facility would comply with future 'Made in Europe' requirements, integrating local components that would allow the vehicles to avoid European tariffs on imported Chinese electric vehicles. This strategy enables Chinese manufacturers to circumvent EU tariffs on Chinese EV imports by assembling vehicles within Europe using locally-sourced components.
European automakers including Volkswagen and Ford explore partnerships with Chinese manufacturers
Multiple European automotive manufacturers are studying similar partnerships with Chinese automakers to address manufacturing overcapacity. Volkswagen in Germany and Ford in Spain are reportedly exploring comparable arrangements, reflecting a broader industry trend as Chinese manufacturers seek to establish production facilities in Europe to avoid tariffs.
Stellantis plans to strengthen alliance with Chinese automaker Leapmotor for Spanish factory production
Stellantis announced plans to deepen its partnership with Chinese automotive group Leapmotor, allowing Leapmotor to produce vehicles in two Spanish Stellantis factories. Leapmotor would produce its B10 model starting in 2026 at the Saragosse plant and an Opel SUV would be co-produced at the same facility. Additionally, Leapmotor models would be produced at the Madrid plant beginning in 2028, with Stellantis studying a potential partial ownership transfer of the Madrid facility to their 51%-49% joint venture with Leapmotor.
Stellantis to unveil strategic plan on May 21, 2026
Stellantis announced it will unveil a comprehensive strategic plan on May 21, 2026, designed to demonstrate how the company can reverse its trajectory amid intensifying Chinese competition pressuring automaker margins.
Stellantis operating margin reaches 2.5 percent in Q1 2026
Stellantis reported an operating result of 960 million euros in the first quarter of 2026, yielding an operating margin of 2.5 percent. This represents significant improvement from 327 million euros in the same period the previous year.
Stellantis North America revenue rises 11 percent to 16.1 billion euros
Stellantis reported net revenue of 16.1 billion euros in North America during Q1 2026, a 11 percent increase, with operating results of 263 million euros. The region achieved a 7.9 percent market share, supported by strong performance from the Ram brand.
Stellantis Asia-Pacific sales decline 4 percent despite 71 percent surge in India
Stellantis experienced a 4 percent sales decline in Asia-Pacific during Q1 2026, with the region posting negative operating results. However, sales in India surged 71 percent. Sales were stable in the Middle East and Africa, and increased 1 percent in South America.
Stellantis North America sales volume increases 6 percent in Q1 2026
Stellantis achieved a 6 percent increase in sales volume in North America during the first quarter of 2026, including a 4 percent increase in the United States, despite the broader U.S. market declining 6 percent. The Ram brand drove growth with a 20 percent increase in U.S. sales.
Stellantis posts 20 billion euro provision in early 2026 for strategy overhaul
Stellantis recorded a massive 20 billion euro provision in early 2026 to comprehensively revise its industrial strategy in response to competitive pressures and market challenges.
Stellantis Q1 2026 revenue reaches 38.1 billion euros, up 6 percent
Stellantis achieved Q1 2026 revenue of 38.1 billion euros, representing a 6 percent increase compared to the same quarter in the previous year. The revenue growth reflects increased sales volumes across major markets.
Stellantis Europe sales volume increases 5 percent in Q1 2026
Stellantis achieved a 5 percent increase in sales volume in broader Europe (EU, Norway, UK, Switzerland) during Q1 2026. When including the Chinese group Leapmotor, whose models it distributes internationally, the increase reached 8 percent, driven by strong performance in Italy, Germany, and Spain.
Stellantis plans to halt car production at Poissy plant
Stellantis announced plans to discontinue automobile production at its historic Poissy facility located in the Paris region. This decision is part of the company's broader strategic restructuring efforts.
Stellantis cuts 650 engineering positions at Opel in Germany
Stellantis announced the elimination of 650 engineering positions at Opel, its German brand, as part of strategic restructuring measures implemented during the first quarter of 2026.
Stellantis posts net profit of 377 million euros in Q1 2026
Stellantis returned to profitability in the first quarter of 2026 with a net profit of 377 million euros, reversing a loss of 387 million euros in the same period the previous year. This marks a significant turnaround for the automaker after a difficult 2025.
Stellantis reports neutral tariff impact in Q1 2026 with 400 million euro adjustment
Stellantis reported that tariff impacts were broadly neutral in Q1 2026, with a favorable adjustment of approximately 400 million euros offsetting tariff costs.
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2 alternative perspectives
Stellantis closes French and Spanish production as European footprint shrinks
Stellantis closes Poissy and Madrid plants, shifting European production toward new EV partnerships.
Stellantis strengthens Leapmotor partnership for European EV manufacturing expansion
Stellantis expands Leapmotor partnership to produce "Made in Europe" EVs in Spain starting 2028.
Stellantis absorbs tariff impact with 400 million euro adjustment
Stellantis neutralized Q1 2026 tariff impact with 400 million euro adjustment.
Stellantis allocates €20 billion provision for 2026 strategic overhaul
Stellantis allocates €20 billion provision ahead of May 2026 strategic plan unveiling.
Stellantis halts Poissy production, cuts 650 Opel engineering roles
Stellantis halts Poissy production and cuts 650 Opel engineering jobs in Europe.
Stellantis Q1 2026: Revenue growth masks regional disparities amid restructuring
Stellantis Q1 2026 revenue grew 6 percent to €38.1 billion, with strong North America performance offsetting Asia-Pacific weakness.
Stellantis invests €100 million to transform Poissy plant beyond automobiles
Stellantis commits €100M to transform Poissy plant, ending car production by 2028.