Passenger Cars

Stellantis Takes Full Ownership of India Operations, Plans 160% Production Ramp-Up

Stellantis India today announced that it has acquired the remaining stake held by Hindustan Motor Finance Corporation Ltd. (HMFCL), a CK Birla Group company, in Stellantis Automobiles India Private Limited (SAIPL). With the completion of this transaction, Stellantis now holds full ownership of SAIPL and its manufacturing operations in Thiruvallur, Tamil Nadu. The acquisition marks […]