Stellantis & Leapmotor joint venture gets approval from Chinese regulator
Teslarati
MARCH 12, 2024
It acquired 20% of the Chinese automakers, making it a significant shareholder. The Chinese automaker also said that the executive team for its joint venture with Stellantis is in place as C10. In November, Stellantis repurchased €934 million shares from Chinese automaker Dongfeng based on a pre-existing share repurchase framework.
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