Stellantis drops plan to launch Peugeot in US
By REUTERS | 10 March 2021AMSTERDAM: Stellantis NV has scrapped a plan to launch the Peugeot brand in the United States and will focus instead on the RAM pickup trucks, high-margin Jeeps and Fiat Chrysler’s (FCA) other brands - Dodge, Chrysler and Alfa Romeo - in the world’s second-largest auto market, it said on Tuesday.
Stellantis, the world’s fourth-largest carmaker, was created by merger of FCA and Peugeot maker PSA in January.
It was widely expected by analysts and industry experts that PSA’s plans to launch the brand in the US market would be abandoned by Stellantis given the strength of FCA’s most profitable models there.
Tags
Autos Stellantis
Reviews
8.4
BMW R 1250 GS: A symbiotic connection
7.8
Nissan Almera Turbo VLT Kuro GT package: Dark draw
Great Wall Motor (GWM): Going high-five in Beijing
Geely Driving Experience in Beijing: Zeekr 001 FR hypercar d...
Jaecoo J7: Ready to rumble
7.6
Hyundai Ioniq 6 Max RWD driven
8.2