On May 28, buying a car network Buycar learned from the Stellantis Group, in order to accelerate the latter market strategic layout in China’s auto independence, the Group has held its proportion of Shandong “Excellent Car Union” shares from 30 The percentage is increased to 51%, which has become the controlling shareholder of “Excellent Museum”. At this point, the Stellantis Group has completed the holding of Shanghai “Jianxin”, Fujian “Longxin” and Shandong “Excellent Car Union”, and realized the layout of the Group’s supply chain in China’s coastal auto market. It is a solid foundation for the Group to further explore the market business in China.
According to the plan, Stellantis will promote the merger of the above three auto parts service enterprises as soon as possible, and the merged new company will rely on the localization team to carry out operations through unified procurement, product , Services, and systems, etc. to achieve comprehensive synergy, thereby achieving integrated auto parts supply chain layout.
At the same time, the merged new company will host the land and development of the STELLANTIS Group “EurorePAR European Maintenance” products, supply chain network, and “EurorePAR Car Service European Maintenance Auto Service” network in China’s auto market, To bring better products and services for domestic auto market maintenance companies and owners.
The Steeleman, the Global Executive Committee, and the Chief Operation Officer of China, said: “At present, we have completed the Group’s independent market business in the first phase of the strategy layout in China. At the same time, we also Fully open and welcome attitude is expected to work with us with us in this field. “
It is understood that January 5, this year, FCA and PSA shareholders voted to merge New company stocks landed on January 18th, New York and Paris Exchange. After the combination is completed, the Group has 14 brands such as Fiat, Jeep, Dodge, Ram, Peugeot, Citroen, and Opel, becoming the world’s fourth largest car manufacturer.
According to the group consolidation of the group consolidated by Stellantis, in 2020, the FCA adjustment is 3.3 billion earlier profits, the profit margin is 4.3 percent.The ratio; the PSA automobile business is adjusted to operate the profit rate of 7.1%, and the contingent operating profit is 3.4 billion euros.