Stellantis CEO Says Total Decoupling From China Neither Realistic Nor In The Interest Of Western World; We Are Not At War With Any Chinese Supplier, We Are Collaborating With Them
Portfolio Pulse from Happy Mohamed
Stellantis CEO has stated that a total decoupling from China is neither realistic nor in the interest of the Western world. The company is not at war with any Chinese supplier, but rather collaborating with them.
July 05, 2023 | 3:32 pm
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NEUTRAL IMPACT
Stellantis' CEO's statement indicates a continued partnership with Chinese suppliers, suggesting stability in the company's supply chain.
The CEO's comments indicate that Stellantis is not planning to sever ties with its Chinese suppliers. This suggests a stable supply chain, which is crucial for the company's operations. However, the impact on the stock price is neutral in the short term as this is a continuation of existing policy rather than a new development.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100