French-Italian auto group Stellantis and China’s Dongfeng have announced a plan to launch a joint venture based in Europe, with Stellantis having a 51 percent controlling stake. The deal would see Dongfeng’s new electric models assembled at Stellantis’s plant in western France to comply with the EU’s new “Made in Europe” rule that requires 70 percent of EV content to be made locally. Also in the segment: one man in the US has turned a broken pink Barbie car into a solution to combat soaring fuel prices.
