By Julien Marion

 

Stellantis NV will keep selling its premium brand DS Automobiles in China, a spokesman for the brand told Agefi-Dow Jones on Tuesday.

"There is nothing against keeping our presence in China," the spokesman said. "Our course of action is to stay [in China] to start again on a sound basis," he added.

DS Automobiles has seen disappointing sales in China, and some in the market have been questioning its presence following the merger between Fiat Chrysler Automobiles NV and Peugeot SA early this year.

Stellantis will set out its strategy on how to reinvigorate sales in the Chinese market by early 2022.

 

This story was translated in whole or in part from a French-language version initially published by L'Agefi-Dow Jones.

 

Write to Julien Marion at jmarion@agefi.fr

 

(END) Dow Jones Newswires

October 26, 2021 12:30 ET (16:30 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
Stellantis (BIT:STLA)
Historical Stock Chart
From Oct 2021 to Nov 2021 Click Here for more Stellantis Charts.
Stellantis (BIT:STLA)
Historical Stock Chart
From Nov 2020 to Nov 2021 Click Here for more Stellantis Charts.