"The size and shape" of any future Stellantis investment in Europe will depend on the European Union's final decisions regarding automotive sector regulation, the carmaker's Europe chief said on Friday.
"The decisions made by the European Union will have a major impact on visibility, on what will become the dominant technologies that will be required," Emanuele Cappellano stated at the Brussels Motor Show, during his first press conference since taking office last October.
Stellantis CEO Antonio Filosa warned in December that the new package of measures for the automotive industry proposed by the European executive that same month poses a risk to carmakers' investments in Europe.
(Reporting by Giulio Piovaccari; French version by Gilles Guillaume, edited by Kate Entringer)
Stellantis N.V. is one of the world's leading car manufacturers. The activity is essentially organized around 4 sectors:
- sales of passenger cars and light commercial vehicles: Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys brands;
- sale of luxury vehicles: Maserati and DS Automobiles brands;
- sale of automotive equipment: interior systems, car seats, car exteriors, emission control systems, etc.;
- other: financing services (purchase, rental, leasing, etc.), after-sales services, etc.
Net sales are distributed geographically as follows: the Netherlands (1%), North America (41.6%), France (10.4%), Brazil (8.7%), Italy (7.1%), Germany (5.3%), the United Kingdom (5.2%), Turkey (3.8%), Spain (2.7%), Belgium (1.3%) and other (12.9%).
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Investor
Investor
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