Stellantis could export UK production over strict EV regulations
By Ilkhan Ozsevim2024-06-25T15:54:00
Stellantis warns UK production may halt unless the government boosts EV demand, citing stringent regulations and market challenges.
In a crucial development for the UK’s automotive industry, Stellantis, parent company of Vauxhall, Citroën, and Peugeot, has issued a stark warning: UK production might cease unless the government ramps up efforts to boost electric vehicle (EV) demand. Maria Grazia Davino, the head of Stellantis, which also owns Fiat, Jeep, and Alfa Romeo, voiced concerns over the UK’s mandate banning the sale of new petrol and diesel cars by 2035. “Stellantis UK does not stop, but Stellantis production in the UK could stop,” she declared at an industry conference.