Stellantis and Jaguar Land Rover Explore U.S.-Based Collaboration
Stellantis (STLA) has signed a non-binding agreement with Jaguar Land Rover (JLR), owned by Tata Motors, to explore collaborative opportunities in the United States. The partnership could involve joint platforms, technology sharing, or co-building vehicles at Stellantis' U.S. factories, potentially helping JLR avoid import tariffs that have cost it £410 million last year alone.
Tickers: $STLA
Topics: automotive partnership tariffs U.S. market