FILE PHOTO – “Stellantis”, “Grandland X” and the Opel logo are seen on banners in front of the Opel Automobile GmbH Eisenach plant. (is associated with: «Stellantis and JLR to work together on US car development») Martin Schutt/dpa-Zentralbild/dpa
Stellantis and JLR have signed a memorandum of understanding that will see the pair work together on product development in the United States.
Under the non-binding agreement, both carmakers will look to “create value” by developing both product and technology for the American market.
Antonio Filosa, chief executive officer of Stellantis, said: “By working with partners to explore synergies in areas such as product and technology development, we can create meaningful benefits for both sides while remaining focused on delivering the products and experiences our customers love.”
Current Stellantis-owned brands in the US include Jeep, Ram and Chrysler, alongside more European companies such as Alfa Romeo, Fiat and Maserati.
JLR, meanwhile, sells its Defender and Range Rover products in the US and is expected to launch its new Type 01 soon.
PB Balaji, chief executive officer of JLR, said: “As we continue to evolve JLR for the future, collaboration will play an important role in unlocking new opportunities. Working with Stellantis allows us to explore complementary capabilities in product and technology development that support our long‑term growth plans for the US market.”