The distribution networks which represent the various Stellantis vehicle brands in Australia and New Zealand say it is business as usual despite the formation of the new global company.
Ateco Group which oversees the Maserati and Ram brands in Australia, and the Abarth, Fiat, Alfa Romeo, Maserati, Chrysler, Jeep and Mopar brands in New Zealand and the Maserati brand in South Africa says it business as usual in all markets following recent announcements by Stellantis.
Fiat Chrysler Automobiles (FCA) Australia made the same business as usual comment, but a representative for Peugeot Citroen Australia which is operated by Inchcape said they were unable to comment and referred us to the official press release.
Auto Distributors New Zealand, the official Peugeot Citroen importer, said it was too early to make an official comment on Stellantis.
Stellantis says it is starting from a position of considerable strength with robust operating margins reflecting the Company’s leading positions in North America, Europe and Latin America.
It is eyeing up untapped potential in markets such as China, Africa, the Middle East, Oceania and India.
With industrial operations in more than 30 countries, the company says it has the ability to deliver vehicles and services in more than 130 markets.
Stellantis expects to leverage its size and economies of scale as an enabler to invest in innovative mobility solutions for its customers, targeting annual synergies of more than €5 billion.
These synergy estimates will be achieved through the implementation of smart purchasing and investment strategies, optimising powertrain and platform utilisation, applying cutting-edge R&D and a continuous focus on manufacturing and tooling efficiencies. These synergy estimates are not based on any plant closures resulting from the transaction.
Stellantis says it will offer sustainable mobility solutions to meet its customers’ evolving needs, as they embrace electrification, connectivity, autonomous driving and shared ownership.
As the electrified market continues to grow, Stellantis says it is well-positioned today with 29 electrified models available and plans to introduce ten additional vehicles by the end of this year.
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