Stellantis buys share in Argentine solar company to power factories
Stellantis, which builds Citroens, Fiats and Peugeots in Argentina, will spend $100 million to acquire 49.5 percent of 360 Energy Solar to provide clean energy.
Read moreForvia says it is in talks with Chinese automakers weighing Europe factories
Suppliers such as Forvia, hurt by lagging global car sales, are seeking to take advantage of Chinese carmakers' plans to challenge Europe's legacy rivals on their home turf.
Read moreChinese automakers' production plans for Europe
China's automakers are looking to boost production in Europe as the EU mulls raising the current 10 percent import tariff on Chinese vehicle imports to a punitive level.
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