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
Stellantis to end automobile production at Poissy plant after 2028
Stellantis announced that it will cease automobile production at its historic Poissy plant in Yvelines after 2028. The site will be converted into a parts manufacturing and vehicle dismantling center. The company will retain 1,000 of the current 1,500 jobs at the facility.
Stellantis commits to job reductions through attrition at Poissy
Stellantis stated that workforce reductions at the Poissy plant will occur primarily through natural departures and voluntary redundancy programs, reducing headcount from 1,500 to 1,000 positions.
Stellantis invests 100 million euros in Poissy plant conversion
Stellantis will invest 100 million euros to reconvert the Poissy facility from automobile manufacturing to parts fabrication and vehicle dismantling operations.
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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.