Stellantis Picks Four Plants in Europe for Possible Deals
A Citroen C5 Aircross on the production line at the Stellantis plant near Rennes, France.
Photographer: Damien Meyer/AFP/Getty Images
Stellantis NV has identified four factories in Europe it may sell or share as the maker of Peugeots and Citroëns tackles overcapacity, with France’s Rennes site among them, according to people familiar with the situation.
The manufacturer has started talks with potential partners or buyers, with representatives from China’s Dongfeng Motor Corp. touring the Rennes and Madrid plants earlier this month, said the people, asking not to be identified discussing non-public information.