Dongfeng to acquire an additional stake in Dongfeng-Stellantis joint venture.

Dongfeng, an automobile company, agreed to acquire an additional stake in Dongfeng-Stellantis joint venture, from Stellantis, a global automaker and provider of innovative mobility solutions. Financial terms were not disclosed. "As we continue our push to drive profitable growth in China, we need to also reset our financial services offering in the country," Carlos Tavares, Stellantis General Director.