Stellantis strikes Russian van manufacturing and freezes new investments

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Tavares mentioned additional shortages of uncooked supplies, together with nickel for EV batteries have been to be anticipated.

“Stellantis has not been harm a lot as far as our provide base shouldn’t be concentrated in Jap Europe,” he mentioned.

The Kaluga manufacturing facility, with an annual capability of 125,000 autos, had been seen as a worldwide export hub for Stellantis. The manufacturing facility started constructing vans in 2017 for the previous PSA Group, which merged with Fiat Chrysler Vehicles to type Stellantis.

It builds the Outlander and Pajero fashions for Mitsubishi.

Kaluga, about 112 miles southwest of Moscow, has grow to be a middle of the Russian auto business. Volkswagen Group opened an meeting plant there in 2007, as did Volvo vans. Distinguished suppliers within the space embody Continental, Magna Worldwide and Visteon.

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