Stellantis does not exclude the transfer of production from Russia due to sanctions

The automaker Stellantis allows the transfer of production from Russia in the event of negative consequences due to sanctions in connection with Russia's recognition of the DPR and LPR. This was announced to The Wall Street Journal by the head of Stellantis, Carlos Tavares, by noting that geopolitical risks affect how the company will make decisions in the future.

“If the reality is that we will not be able to supply the plant, we will either be forced to move this production to other plants or face restrictions,” said Carlos Tavares. According to the Interfax agency, the main production asset of the Stellantis group in Russia is the PSMA Rus plant in the Kaluga region, the capacity of which is designed to produce 125,000 vehicles per a year.

Investments in an enterprise producing cars on a full cycle were 550 million Euros. Stellantis owns 70% of the Kaluga plant worth 470 million Euros, the remaining 30% belongs to Mitsubishi.