Stellantis, Dongfeng sign $1.2b Peugeot and Jeep production deal
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Stellantis and Dongfeng have signed a $1.2 billion deal for the production of Peugeot and Jeep vehicles. The agreement appears to be related to electric vehicle production in China. Other carmakers, including Ford, are also seeking licenses for China-built models, possibly in response to US auto curbs on China.
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