STELLANTIS GOODBYE?

CAR giant Stellantis may stop building vehicles in China, CEO Carlos Tavares said, citing building tensions with the West as a deterrent to investment there.

Stellantis has dropped a joint venture that built Jeep SUVs in China after failing to take a controlling stake, and is in talks with local partner Dongfeng about its Peugeot and Citroen brands. Unlike Volkswagen, which sold three million cars in China last year, the historic mass-market French vehicles have never broken through there.