Will Xiaomi and Xiaopeng invest in Maserati? Stellantis Group responds

Phoenix Technology News, March 13 — According to Caixin, regarding rumors of cooperation with Chinese automakers, Stellantis Group stated that as part of its normal business operations, the group discusses various topics with excellent industry companies around the world, always with the ultimate goal of “providing the best mobility solutions to customers.” “We do not comment on speculative reports,” said Wang Chao, Executive Committee Member of Stellantis Asia-Pacific and Vice President of Communications.

In addition, Stellantis Group explicitly stated that there is no factual basis for the claim that “Stellantis Group is considering a plan to split the group,” and such assertions are purely speculation and fabrication. Stellantis also announced that it will not sell the Maserati brand externally.

According to market sources, Stellantis is exploring cooperation plans with Chinese automakers, hoping to inject funds into European operations through Chinese capital, and has already contacted Xiaomi Group and Xpeng Motors to discuss restructuring plans for Stellantis’ European business, one possibility being Chinese companies taking stakes in Maserati or other brands.

It is understood that Fiat, Opel, and Peugeot brands under Stellantis are currently facing issues such as overcapacity, fierce competition, and high costs of electrification transformation. Chinese automakers hope to expand their market share in Europe through this. Due to intense price wars in the domestic Chinese auto market, the European market has become an important source of profit for Chinese automakers.