Italy government: wants to sell 2 car brands to Chery and Dongfeng

Smart electric travel

2024-08-09 10:14Posted in Beijing Automotive Creators

In the first half of this year, Stellantis Group's net revenue in the first half of the year was 85.02 billion euros, down 14% year-on-year, and it is estimated to be 87 billion euros; Net profit in the first half of the year was 5.65 billion euros, down 48% year-on-year, and it is estimated to be 6.97 billion euros, which is far from the world's first net profit margin in 2023. In April, Stellantis CEO Carlos Tavares also said he had rejected a proposal to sell Alfa ·Romeo to another company, specifically naming Chinese brands in his speech, insisting that it was the "greatest jewel" within the group.

Recently, the Italy government has also negotiated with China's Dongfeng Motor Group; According to people familiar with the matter, negotiations on the construction of an automobile plant in Italy have entered an advanced stage, and the group's brands such as Lantu and Dongfeng Nano may soon enter the Italy market. Italy is also in talks with other major automakers, including China's Chery Automobile, for potential investments in Italy.

In the first half of this year, Maserati sales plummeted by more than 50% year-on-year to just 6,500 units, with an adjusted operating loss of 82 million euros. And Carlos Tavares, CEO of Stellantis, also said earlier: "If they don't make money (they refer to brands), we will shut them down." We can't afford brands that don't make money. "Up to now, the sales volume of the Group's Maserati and Alfa · Romeo brands has declined significantly, and it is not ruled out that the Italy government will sell the two brands to Chery and Dongfeng Group in the later stage.

View original image 121K

• 

• 

• 

• 

• 

•