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Stellantis strategic overhaul: Plans to sell or share four factories in Europe, reports suggest Dongfeng Motor may become a potential buyer.

Stellantis strategic overhaul: Plans to sell or share four factories in Europe, reports suggest Dongfeng Motor may become a potential buyer.

To resolve the issue of overcapacity in the European market, Stellantis is accelerating its strategic adjustments and considering selling or sharing some factories by introducing partners; related negotiations have entered a substantive stage. According to a Bloomberg report on April 23, insiders revealed that Stellantis has identified four factories in
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Sunwoda’s Q1 revenue increased by 31% year-on-year, but foreign exchange losses dragged down net profit attributable to shareholders, which fell by 70% year-on-year | Earnings Report Highlights

Sunwoda’s Q1 revenue increased by 31% year-on-year, but foreign exchange losses dragged down net profit attributable to shareholders, which fell by 70% year-on-year | Earnings Report Highlights

``` Sunwoda Electronics' first quarter report for 2026 shows significant divergence. During the reporting period, the company achieved operating income of 16.116 billion yuan, up 31.14% year-on-year, with the power battery business maintaining high growth; however, net profit attributable to the parent was only 114 million yuan, down
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