Auto: this French brand that could go under the Chinese flag

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At the launch of Alfa Romeo Milano, Stellantis boss Carlos Tavares revealed something surprising. One of the three brands of the French group was approached by a Chinese manufacturer with the intention of possibly taking …

“We love our brands.” The penalty is signed by Carlos Tavares. The boss of Stellantis is actually the head of several brands, fourteen in all, the most famous of which are Alfa Romeo, Chrysler, Fiat Automobiles, Jeep, Lancia, Maserati, Opel, as well as the three French companies Citroën, DS Automobiles and Peugeot. On April 10, the boss, whose payments have recently raised, presented Alfa Romeo Milano, his first 100% electric city car, in Milan. It was on this occasion that he was confident that he had already been approached several times for the possible purchase of one or more of his brands, which appeared. Number.

Was the Italian brand Alfa Romeo affected? “Are you kidding me? Alfa Romeo is one of our most precious jewels among the fourteen most popular brands”, answered Carlos Tavares firmly, about this brand that certainly does not have a large amount of sales, but a history that is always interesting. On the other hand, Carlos Tavares was more vocal when he admitted that he had contacted the Chinese manufacturer another, French brand : “A few years later, almost a year ago, the same thing happened, but with another brand of Stellantis”he agreed.

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Old Citroën DS?

The boss of the biggest car company in the world he refused to give “special brand”but he admitted that it was a “Brand of France”. Before making a joke in front of the Italian press: “Italians, you can relax.” Answer to the motives associated with the Stellantis group of “Get Out of Italy”. Accusing “fake news”, Carlos Tavares remembered that he remained strong in Italy through “big investment”. It is connected with Italy, therefore, with France. Because despite the Chinese approach, The boss of the group obviously did not follow up.

There is no information about the brand, but among the three candidates, it is possible that Peugeot is involved. The flagship of the car group, even one of its engines, especially in the electric car segment, recalls Numerama. So there are two more brands left, Citroën et DS cars. Two different entities: a historical one and a more Premium one. So the DS could be more in line with Chinese expectations… As for the potential buyer, again, nothing has been filtered, but it could be Geely or SAIC. The first already has Volvo and Lotus in its fold, and the second MG.