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Share Name Share Symbol Market Type
Stellantis NV BIT:STLA Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.214 1.75% 12.428 12.436 12.44 12.45 12.068 12.296 12,351,902 16:35:56

Stellantis to Maintain DS Automobiles Brand in China

26/10/2021 5:45pm

Dow Jones News


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By Julien Marion

 

Stellantis NV will keep selling its premium brand DS Automobiles in China, a spokesman for the brand told Agefi-Dow Jones on Tuesday.

"There is nothing against keeping our presence in China," the spokesman said. "Our course of action is to stay [in China] to start again on a sound basis," he added.

DS Automobiles has seen disappointing sales in China, and some in the market have been questioning its presence following the merger between Fiat Chrysler Automobiles NV and Peugeot SA early this year.

Stellantis will set out its strategy on how to reinvigorate sales in the Chinese market by early 2022.

 

This story was translated in whole or in part from a French-language version initially published by L'Agefi-Dow Jones.

 

Write to Julien Marion at jmarion@agefi.fr

 

(END) Dow Jones Newswires

October 26, 2021 12:30 ET (16:30 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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