Stellantis considers Saudi plant, Symbio issue grows

marketscreener
2025.11.21 06:10
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Stellantis has signed a memorandum of understanding with Petromin Corporation, the Saudi Arabian Ministry of Investment, and the National Industrial Development Center to evaluate creating a vehicle manufacturing plant in Saudi Arabia. This aligns with Saudi's Vision 2030 strategy. Meanwhile, Stellantis faces challenges with its joint venture Symbio, risking a liquidity crisis and potential litigation due to the loss of 80% of orders.

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