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Selling factories to Chinese partners: risky road for European carmakers
AFP96d agobearish
Selling factories to Chinese partners: risky road for European carmakers

Carmaker Stellantis announced Friday it is considering selling an underutilised factory in Spain to its Chinese joint venture Leapmotor, which could save jobs in the short term but risks further strengthening Chinese automakers.The Stellantis announcement, however, is the first time a European automaker has so openly presented such collaboration on producing models with a Chinese partner.