Stellantis is starting its engines

For a long time, business in China stagnated for the Stellantis Group. Supposedly impressive growth rates were based primarily on low starting levels. But a series of new developments are setting the course for the brand’s global future.

The roaring starting signal came in the form of Stellantis’ first six-month report for 2021. A profit of €8.6 billion within just six months meant an operating margin of 11.4 percent. Even as the semiconductor crisis intensified, Group CEO Carlos Tavares refused to depart from his target of a ten percent margin for the entire year. The annual figures for 2021 will be published in just over two weeks. But the group is already planning its future using its brimming war chest – including in the important Chinese auto market.

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