Stellantis-Leapmotor JV Gets OK From China Regulator, Reuters Reports
-- A planned joint venture between Stellantis and Leapmotor has been approved by China's National Development and Reform Commission, Reuters reported Wednesday, citing "two sources familiar with the matter."
-- The deal would allow Stellantis to build and sell Leapmotor vehicles outside China, the report said.
-- The deal must still get regulatory approval in other markets, according to Reuters.
-- Stellantis declined to comment and representatives of the NDRC couldn't be reached for comment, the report said.
Full story: https://www.reuters.com/business/autos-transportation/china-gives-green-light-stellantis-leapmotor-joint-venture-sources-2024-03-06/
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
March 06, 2024 14:08 ET (19:08 GMT)
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