We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Stellantis Deepens Ties With Dongfeng to Establish New JV in Europe
Read MoreHide Full Article
Key Takeaways
STLA and Dongfeng signed an MoU to form a Europe JV focused on Voyah-branded NEVs.
Stellantis may build Dongfeng NEVs at its Rennes plant to meet European sourcing rules.
STLA unveiled its affordable E-Car EV project, with production planned in Italy from 2028.
Stellantis N.V. (STLA - Free Report) and Dongfeng Motor Group recently signed a non-binding Memorandum of Understanding (MoU) to deepen their 34-year partnership. The companies aim to establish a Europe-based joint venture focused on the sales, distribution, manufacturing, procurement and engineering of Dongfeng’s new energy vehicles (NEVs), initially targeting selected European markets.
The proposed venture would be structured as a 51/49 partnership led by Stellantis. The new entity would oversee the sale and distribution of Dongfeng’s premium Voyah-branded NEVs in Europe while benefiting from Stellantis’ established dealer network and after-sales capabilities. It would also manage joint purchasing and engineering operations by leveraging Dongfeng’s strong position within China’s competitive NEV ecosystem. The partners are additionally considering manufacturing Dongfeng NEVs at Stellantis’ Rennes facility in France to align with European regulations and “Made-in-Europe” requirements.
Earlier this month, Stellantis and Dongfeng also announced plans to strengthen their long-running Dongfeng Peugeot Citroën Automobile Co., Ltd. (DPCA) partnership. The Wuhan plant operated by DPCA is set to manufacture new Peugeot- and Jeep-branded NEVs for both China and export markets beginning in 2027. Since its formation, the joint venture has produced more than 6.5 million Peugeot and Citroën vehicles for domestic and international markets.
The execution of the proposed initiatives remains subject to final implementation agreements, operational and financial terms, regulatory approvals and other customary conditions.
In separate news, Stellantis signed another non-binding MoU with Jaguar Land Rover to explore collaboration opportunities in product development within the United States. The companies will evaluate potential synergies in product and technology development by utilizing their complementary strengths. Any future transaction stemming from these discussions would depend on definitive agreements and standard closing conditions.
Stellantis also unveiled its new affordable electric vehicle initiative known as the E-Car project, with production expected to begin in 2028. The “E” represents European, Emotion, Electric and Environmental friendliness. The project has received recognition from the European Commission for its potential to support European manufacturing jobs and accelerate the adoption of fully electric vehicles for urban transportation.
Designed as a compact, affordable and fully electric vehicle, the E-Car aims to revive Europe’s shrinking small-car segment while reflecting Stellantis’ broader mission of providing accessible mobility solutions. Production has been assigned to the Pomigliano plant in Italy, a site known for manufacturing iconic and budget-friendly vehicles such as the Fiat Panda. The E-Car lineup will incorporate advanced design and battery-electric technologies developed alongside selected partners to improve affordability and shorten development timelines.
The Zacks Consensus Estimate for GELHY’s 2026 sales and earnings implies year-over-year growth of 76.1% and 36.3%, respectively. The EPS estimate for 2026 and has improved 34 cents and 42 cents, respectively, over the past 30 days.
The Zacks Consensus Estimate for PLOW’s 2026 sales and earnings implies year-over-year growth of 16.7% and 31.4%, respectively. The EPS estimate for 2026 and 2027 has improved 39 cents and 29 cents, respectively, over the past 30 days.
The Zacks Consensus Estimate for PHIN’s 2026 sales and earnings implies year-over-year growth of 6.6% and 28.2%, respectively. The EPS estimate for 2026 and 2027 has improved 42 cents and 22 cents, respectively, over the past 30 days.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Stellantis Deepens Ties With Dongfeng to Establish New JV in Europe
Key Takeaways
Stellantis N.V. (STLA - Free Report) and Dongfeng Motor Group recently signed a non-binding Memorandum of Understanding (MoU) to deepen their 34-year partnership. The companies aim to establish a Europe-based joint venture focused on the sales, distribution, manufacturing, procurement and engineering of Dongfeng’s new energy vehicles (NEVs), initially targeting selected European markets.
The proposed venture would be structured as a 51/49 partnership led by Stellantis. The new entity would oversee the sale and distribution of Dongfeng’s premium Voyah-branded NEVs in Europe while benefiting from Stellantis’ established dealer network and after-sales capabilities. It would also manage joint purchasing and engineering operations by leveraging Dongfeng’s strong position within China’s competitive NEV ecosystem. The partners are additionally considering manufacturing Dongfeng NEVs at Stellantis’ Rennes facility in France to align with European regulations and “Made-in-Europe” requirements.
Earlier this month, Stellantis and Dongfeng also announced plans to strengthen their long-running Dongfeng Peugeot Citroën Automobile Co., Ltd. (DPCA) partnership. The Wuhan plant operated by DPCA is set to manufacture new Peugeot- and Jeep-branded NEVs for both China and export markets beginning in 2027. Since its formation, the joint venture has produced more than 6.5 million Peugeot and Citroën vehicles for domestic and international markets.
The execution of the proposed initiatives remains subject to final implementation agreements, operational and financial terms, regulatory approvals and other customary conditions.
In separate news, Stellantis signed another non-binding MoU with Jaguar Land Rover to explore collaboration opportunities in product development within the United States. The companies will evaluate potential synergies in product and technology development by utilizing their complementary strengths. Any future transaction stemming from these discussions would depend on definitive agreements and standard closing conditions.
Stellantis also unveiled its new affordable electric vehicle initiative known as the E-Car project, with production expected to begin in 2028. The “E” represents European, Emotion, Electric and Environmental friendliness. The project has received recognition from the European Commission for its potential to support European manufacturing jobs and accelerate the adoption of fully electric vehicles for urban transportation.
Designed as a compact, affordable and fully electric vehicle, the E-Car aims to revive Europe’s shrinking small-car segment while reflecting Stellantis’ broader mission of providing accessible mobility solutions. Production has been assigned to the Pomigliano plant in Italy, a site known for manufacturing iconic and budget-friendly vehicles such as the Fiat Panda. The E-Car lineup will incorporate advanced design and battery-electric technologies developed alongside selected partners to improve affordability and shorten development timelines.
STLA’s Zacks Rank & Key Picks
Stellantis currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the auto space are Geely Automobile Holdings Limited (GELHY - Free Report) , Douglas Dynamics, Inc. (PLOW - Free Report) and PHINIA Inc. (PHIN - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for GELHY’s 2026 sales and earnings implies year-over-year growth of 76.1% and 36.3%, respectively. The EPS estimate for 2026 and has improved 34 cents and 42 cents, respectively, over the past 30 days.
The Zacks Consensus Estimate for PLOW’s 2026 sales and earnings implies year-over-year growth of 16.7% and 31.4%, respectively. The EPS estimate for 2026 and 2027 has improved 39 cents and 29 cents, respectively, over the past 30 days.
The Zacks Consensus Estimate for PHIN’s 2026 sales and earnings implies year-over-year growth of 6.6% and 28.2%, respectively. The EPS estimate for 2026 and 2027 has improved 42 cents and 22 cents, respectively, over the past 30 days.