Exclusive: China's Hongqi, once favoured by Mao, eyes Stellantis Spain plant for European expansion - Reuters
Exclusive: China's Hongqi, once favoured by Mao, eyes Stellantis Spain plant for European expansion Reuters
Coverage by Political Leaning
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Notable Quotes
"Il marchio sta sfruttando la rete di Leapmotor e Stellantis per ottenere una base produttiva in Occidente."
— Mao Zedong , Politician
"Hongqi está utilizando esa red para conseguir una base de fabricación a través de Leapmotor y Stellantis."
— Mao Zedong , Politician
"Hongqi aims to reach annual sales of 1.5 million units by 2030, with overseas markets accounting for 25%."
— Xu Liuping , Executive
"This was the way that Hongqi can start European production quickly."
— Mao Zedong , Politician
"This was the way that Hongqi can start European production quickly."
— Mao Zedong , Politician
Key People
Carlos Tavares is the CEO of Stellantis, overseeing the company's global strategies.
Mao Zedong was the founding father of the People's Republic of China.
Mao Zedong was a Chinese communist revolutionary and founding father of the People's Republic of China.
Former chairman of FAW Group who set targets for Hongqi's sales.
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<a href="https://news.google.com/rss/articles/CBMi0wFBVV95cUxOTDF5LWg3X0VJcGt5cWstaU8tM1BVemtzMGRjYVRBeElBb3NKcUlTTnV2M3NkSWlqVEp0TVZIQXRuYWdoTWJXQ3pFVkktM0x3UmVaQXp5U1RCem93TjFpTWoxSzlPY1J4LXQ2TlpIUTNjanFQM1czX3VCOHdCWlhnMFdSby1NR2ZkOXhQSkNMZmVQdW9nakIyTGx4YldmUVdoeldhRDdEb08ydEphZk52MG84VEljZDJYOWxpMGRxVDZPQ0tiMXJ2ejRmNERmRTNpV09B?oc=5" target="_blank">Exclusive: China's Hongqi, once favoured by Mao, eyes Stellantis Spain plant for European expansion</a> <font color="#6f6f6f">Reuters</font>
Chinese luxury automaker Hongqi is in talks with Stellantis to build vehicles at one of Stellantis's Spanish plants as it expands in Europe. The discussions are facilitated through Leapmotor, a Chinese electric vehicle maker in which both FAW and Stellantis are investors.

Chinese luxury auto brand FAW Hongqi is in talks with European carmaking giant Stellantis to use the latter's plant in Spain for localized production, aiming to accelerate its European rollout without building a new factory.
FAW Hongqi is negotiating with Stellantis to assemble Hongqi models at Stellantis’ Zaragoza plant in Spain, aiming to fast-track European localization and avoid significant upfront investment.
Chinese luxury automaker Hongqi is in talks with Stellantis to build vehicles at one of Stellantis's Spanish plants as it expands in Europe. The discussions are facilitated through Leapmotor, a Chinese electric vehicle maker in which both FAW and Stellantis are investors.
Chinese luxury carmaker Hongqi, favored by Mao Zedong, is negotiating with Stellantis to produce vehicles in one of its Spanish plants, aiming to accelerate its European expansion without investing in a new factory.
Chinese luxury automaker Hongqi is in talks with Stellantis to build vehicles at one of Stellantis's Spanish plants as it expands in Europe. The discussions are facilitated through Leapmotor, a Chinese electric vehicle maker in which both FAW and Stellantis are investors.
Chinese luxury automaker Hongqi is in talks with Stellantis to manufacture vehicles at one of the group's Spanish plants as part of its European expansion. The discussions are facilitated through Leapmotor, a Chinese electric vehicle manufacturer in which both FAW and Stellantis are shareholders.
Chinese luxury automaker Hongqi, known for being Mao Zedong's preferred brand, is in talks with Stellantis to manufacture vehicles in one of the group's Spanish plants as part of its European expansion.
Chinese luxury carmaker Hongqi, famed as Mao Zedong’s preferred car brand, is in talks with Stellantis to build vehicles at one of the Fiat-to-Jeep owner’s Spanish plants as it expands in Europe. The discussions are facilitated through Leapmotor, a Chinese electric vehicle maker in which both FAW and Stellantis are investors.
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