Stellantis Expands Tamil Nadu Plant, Production Set to Rise 160%
Stellantis Expands: Stellantis is taking complete ownership of its vehicle manufacturing operation in Thiruvallur, Tamil Nadu, after acquiring the remaining stake held by Hindustan Motor Finance Corporation Limited (HMFCL), a CK Birla Group company. The transaction, funded through Foreign Direct Investment (FDI), gives Stellantis direct control of the facility at a time when the automaker … Read more