Stellantis Weighs Deals With China Rivals to Shore Up Europe (1)

March 12, 2026, 3:44 PM UTC

Stellantis NV is exploring deals with Chinese carmakers through which they would invest in the Fiat owner’s struggling European operations, as the company focuses its own investments on the Americas, according to people familiar with the matter.

Company executives have met with China’s Xiaomi Corp. and Xpeng Inc.to discuss options for an overhaul of Stellantis in Europe, including acquiring stakes in Maserati or other brands, said the people, who asked not to be identified discussing private deliberations. The talks have also covered access to automaking capacity as Chinese groups seek to grow in Europe, the people said.

The Stellantis auto works in Turin.
Photographer: Marco Bertorello/AFP/ Getty Images

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