Stellantis to invest over €1B in French van production, overhaul European manufacturing
Stellantis plans to invest more than €1 billion to produce a new van at a factory in France as part of a wider overhaul of its European manufacturing operations. The investment comes alongside increased automation and more manufacturing brought in-house, raising the company's capex.
Detected & updated continuously · Source: Nebula
Story subjects
Sources
@business
Stellantis plans to invest more than €1 billion to produce a new van at a factory in France, part of a wider overhaul of its European manufacturing operations, according to people familiar with the situation. https://t.co/OYyre5469y
@Sam_Badawi
$STLA capex is definitely heading higher, with Stellantis planning to invest more than €1B in France for new van production and related R&D. The investment comes alongside increased automation and more manufacturing brought in-house as Stellantis overhauls its European https://t.co/AawYWCpVHr