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 China LEAMPOTOR: part of Stellantis' plan@SE Asia, Wow

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TSEnergyAnalyst
post Apr 11 2024, 09:50 AM

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https://carnewschina.com/2024/04/08/stellan...spied-in-china/

Although covered in stickers, we can see that the design is similar to the Leap C10 which was the brand’s first global car. It has hidden door handles and it seems smaller than the C10 with the design pushing the wheels as far as possible to the corners to maximize internal space. Fast Technology estimate the length to be between 4.5 and 4.6 meters.
TSEnergyAnalyst
post Apr 13 2024, 09:06 PM

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Too bad this is not yet planned for our market

https://www.wapcar.my/news/alfa-romeo-milan...olvo-ex30-78768
aAlfa Romeo Milano BEV
TSEnergyAnalyst
post Apr 15 2024, 01:18 PM

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OOPs

https://www.drive.com.au/news/alfa-romeo-in...al-milano-name/

Alfa Romeo in hot water over “illegal” Milano model name – report
A law banning "Italian-sounding" names on foreign products has Alfa Romeo in a difficult position, after it revealed its new Polish-built Milano SUV last week.

https://www.roadandtrack.com/news/a60480795...-italian-drama/

[QUOTE]Named after Italy's moral capital and Alfa Romeo's origin city, Milan, the subcompact crossover shares its platform with the Jeep Avenger and Fiat 600e. Sharing platforms with fellow Stellantis models is cost-saving, no doubt, but it means the Milano will be manufactured in Tychy, Poland. With an ever-strong national heritage, Italy's industry minister, Adolfo Urso, believes this move by Stellantis is unacceptable.[

"A car called Milano cannot be produced in Poland. This is forbidden by Italian law," Urso said in Turin on Thursday. "This law stipulates that you cannot give indications that mislead consumers. So a car called Milano must be produced in Italy. Otherwise, it gives a misleading indication which is not allowed under Italian law."

The law that Urso is referencing dates back to 2003, stating that it is illegal to market Italian-sounding products produced elsewhere as Italian in the name of consumer safety.


/QUOTE]



This post has been edited by EnergyAnalyst: Apr 15 2024, 01:28 PM
TSEnergyAnalyst
post Apr 16 2024, 08:19 AM

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https://www.reuters.com/business/autos-tran...aly-2024-04-15/

Milano is changed to Junior
TSEnergyAnalyst
post Apr 17 2024, 12:22 AM

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https://www.teslarati.com/stellantis-india-...-asia-market-2/

Stellantis makes India its EV export hub for SE Asia

» Click to show Spoiler - click again to hide... «

TSEnergyAnalyst
post Apr 25 2024, 09:06 AM

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https://www.electrive.com/2023/08/02/vw-rum...with-leapmotor/

Intriguing "Four-Leaf Clover” architecture developed entirely by Leapmotor...
TSEnergyAnalyst
post May 5 2024, 12:39 AM

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May 01, 2024 12:00 AM
Stellantis-Leapmotor JV to challenge value brands in Europe
Dacia could be a key rival to the joint venture, which will start sales of the Leapmotor T03 minicar and C10 SUV this year.
PETER SIGAL

The Leapmotor T03 full-electric minicar will reportedly be assembled in Poland starting this year.

Stellantis plans to challenge budget brands such as Dacia with “value-for-money” cars from its new joint venture with the Chinese automaker Leapmotor, analysts said after an investors’ meeting at the Beijing auto show.

Stellantis invested €1.5 billion ($1.6 billion) last October for a 21 percent share in Leapmotor, and the two companies set up a joint venture called Leapmotor International, in which Stellantis holds a 51 percent share. It gives Stellantis exclusive rights to build, export and sell Leapmotor products outside China, a first for a legacy Western automaker

The JV plans to build and sell cars in Europe, reportedly starting with the T03 full-electric minicar to be made from kits in Poland this year. Other markets include the Middle East, Southeast Asia and Latin America.

The Leapmotor C10 SUV is set for European sales this year, and is undergoing EU homologation.

The partnership offers Stellantis a way to compete in China’s auto market, the world’s largest, after a rocky few years that saw brands such as Peugeot and Citroen lose most of their market share there, as well as the end of Jeep production there in 2022. During the mid-2010s, PSA Group, now part of Stellantis, sold more than 700,000 cars annually in China.

At the same time, Stellantis can benefit from Leapmotor’s lower-cost production and technology, executives said. "The Chinese offensive is visible everywhere," Stellantis CEO Carlos Tavares said last October in announcing the joint venture. "With this deal we can benefit from it rather than being the victims of it."


Stellantis CFO Natalie Knight referred to Leapmotor as the group’s “15th brand.” In Europe, Leapmotor could be slotted in below Citroen and Fiat in the group's cluster of volume brands. Citroen, Fiat and Opel/Vauxhall will all launch vehicles on the low-cost Smart Car platform this year.

Knight said on Tuesday that the first sales and revenue from the joint venture would appear in the second half of the year, but she said the impact on Stellantis' balance sheet "won't be huge" at first.

Initially, Leapmotor’s main products for Europe will be the T03 and the C10, a 4750 mm-long SUV that will reportedly be available in EV and hybrid versions.


New details on the partnership that emerged from the investors’ meeting include information about sales channels, distribution, product positioning and production, according to a note from Jefferies.

Among the details, according to Jefferies:

Future models: The C10 and T03 are expected to complete EU certification in by this summer. Two other minicars are being developed and scheduled for launches after 2024. Longer term, Leapmotor will cover different segments with SUVs and crossovers, and all models will be available with right-hand-drive versions, Jefferies said.
Sales: Leapmotor International will start to sell cars under the Leapmotor brand in the second half of this year through Stellantis’ existing sales channels, with dedicated space in Stellantis outlets.
Positioning: Leapmotor cars will not compete against existing Stellantis products but instead will compete against global brands with the same positioning as Leapmotor in China, which is “value for money” with affordable technology, Jefferies said. That matches the position Dacia occupies in Europe. The T03, for example, starts at about €26,000 euros in France.
Profits: The JV is expected to reach breakeven this year because it only has 20 employees, initial imports will come from China, and it will use existing Stellantis resources. The JV could reach 500,000 sales a year by 2030.
Production: Stellantis did not address reports of production in Poland, but said that the EU is supportive of Chinese automakers building factories in Europe.

The Leapmotor C01 at the Beijing auto show. The midsize sedan has just gone into production in China.

Outside of the joint venture news, Leapmotor plans to deliver 250,000 to 300,000 cars this year, Jefferies said, with monthly deliveries ramping up to 30,000 by the fourth quarter. Sales in 2023 were 144,000.

Leapmotor’s lineup also includes the C11 midsize SUV, which has 650 km (403 miles) range in full-electric verions, and is also available in China as a plug-in hybrid model. In addition to the T03 and future minicars, other models include the forthcoming low-cost C16 midsize SUV and long-range C01 midsize sedan, both of which were shown at the Beijing show.

The Jefferies report said that Leapmotor had narrowed its losses to 915 million renminbi ($126 million), in the fourth quarter of the 2023 fiscal year. Operating cash flow was 1.1 billion renminbi, while free cash flow is “expecting soon” to turn positive, Jefferies said.

The Leapmotor C11 SUV, seen at the Beijing auto show, is a higher-end model with an EV range of about 400 miles.

https://europe.autonews.com/automakers/stel...e-brands-europe

This post has been edited by EnergyAnalyst: May 5 2024, 08:16 AM
TSEnergyAnalyst
post May 8 2024, 03:12 PM

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https://www.wapcar.my/news/stellantis-leapm...-100k-bev-79243
Leap T03 will show up in 2024 Malaysia Auto Show 22-26 May 2024 @ Serdang?

This post has been edited by EnergyAnalyst: Sep 14 2024, 07:09 AM
TSEnergyAnalyst
post May 9 2024, 11:12 AM

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https://electrek.co/2024/05/08/stellantis-j...-international/

Drop name of JV from Stellantis International and becoming Leapmotor International.
TSEnergyAnalyst
post May 9 2024, 09:22 PM

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https://www.wapcar.my/news/miti-vw-malaysia...xport-hub-79279

VW to fight back
TSEnergyAnalyst
post May 22 2024, 11:43 PM

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https://soyacincau.com/2024/05/14/leapmotor...st-ev-malaysia/

https://soyacincau.com/2024/05/21/leapmotor...ia-atto3-rival/

https://autobuzz.my/2024/05/21/stellantis-m...20km-range-bev/

https://www.carlist.my/news/leapmotor-previ...s-136905/136905

https://www.zigwheels.my/car-news/malaysia-...kes-asean-debut




TSEnergyAnalyst
post May 23 2024, 08:51 AM

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“We will try to be Chinese ourselves, which means instead of being purely defensive vis-à-vis the Chinese offensive, we want to be part of the Chinese offensive,” Tavares said.

https://www.cnbc.com/2024/05/22/stellantis-...are-a-trap.html
TSEnergyAnalyst
post May 24 2024, 12:20 AM

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https://www.marketscreener.com/news/latest/...pfold-46806861/

LOL

What is next metaphor, Trojan horse?




TSEnergyAnalyst
post May 25 2024, 01:50 PM

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TSEnergyAnalyst
post Jun 19 2024, 02:35 PM

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EU import tariff does not scare the one who leap !

https://carnewschina.com/2024/06/17/week-af...s-polish-plant/
https://www.reuters.com/business/autos-tran...ays-2024-06-17/
https://carnewschina.com/2024/06/18/second-...ome-with-lidar/
https://uk.motor1.com/news/723659/leapmotor...-prices-europe/


This post has been edited by EnergyAnalyst: Jun 19 2024, 02:44 PM
TSEnergyAnalyst
post Jul 23 2024, 09:21 AM

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https://www.bharian.com.my/bisnes/korporat/...ada-30-cawangan

Plan to more than double the dealers
TSEnergyAnalyst
post Jul 25 2024, 02:31 PM

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https://www.nst.com.my/business/corporate/2...ansion-malaysia

Stellantis eyes major expansion in Malaysia
By Diyana Isamudin - July 25, 2024 @ 8:01am

QUOTE
KUALA LUMPUR: Stellantis is poised to double its dealers in Malaysia to 30 by the end of this year after achieving a significant milestones just over 100 days of operation since last March.

With a total of 14 dealers it currently has in Peninsular Malaysia, the French-Italian-American carmaker plans to expand to Sabah and Sarawak. It will start with Sabah in the current quarter.

Stellantis Malaysia managing director Jamie Morais said dealers are given some level flexibility this year to make the needed renovations and upgrade works.

Next year will see changes as all dealerships will be standardised and carry the same brand corporate image, reflecting the company's core values of customer centricity.

"We believe this will strengthen the brands local presence as well as give customers the confidence that Stellantis and Peugeot are here to stay," Morais told Business Times.


Since the formation of its national sales company (NSC) in March, it has taken over managing the sales, aftersales and brand marketing of Peugeot from the previous distributor.

"We are  proud to share that the aftersales team has successfully worked on reducing 7,000 open part line items to 499 which is a 93 per cent decrease. We also took ownership of over 2,500 open cases and successfully reduced it 95 per cent to 117 cases," Morais said.

He added that the call centre team continues growing and expanding to cater to the customers and offer efficient service.

According to him, it now has 13 personnels from five previously which improved the unanswered call rates from 53 per cent to 2.0 per cent.

On sales, Morais said Stellantis Malaysia had seen an increase of more than 100 per cent month-on-month (MoM).

This was led by the all-new locally assembled (CKD) Peugeot 408, which was launched in April this year, apart from other Peugeot models that are available.

"We want to continue capitalising on the momentum by ensuring we have a healthy order bank and stocks to meet customer demands as we believe the current Peugeot models cater to the current market trends of crossovers and SUVs," he added.

"Due to high traffic and interest at the Malaysian Autoshow, we want to continue the momentum and ensure we have attractive sales activations to continuously engage with our customers," he said.

Leveraging Stellantis renowned brand name as the world's fourth largest automaker with 14 marques under its portfolio, Morais said it is an exciting time for Malaysia as one of the company's objectives is to revive iconic brands under it.

"First, we have Leapmotor, which is set to launch in the fourth quarter of this year. This will be our first brand to sell only electric vehicles (EV) for the Malaysian market.

"We will bring in Leapmotor C10, which uniquely sits in its own segment and is Leapmotor's first global model," he said.

Leapmotor C10 is a D-segment SUV, an affordable EV car that has a battery range of up to 420km (WLTP).

Additionally, Stellantis plans to reintroduce French car Citroën to make continental cars accessible to the Malaysian consumers, which currently unavailable in the market, he said.

As inflation and declining currency are expected to increase prices, Morais assured that customers are prioritised and hence, the company continues to ensure the offerings remain competitive in the Malaysian market.

Looking forward, he said Stellantis Malaysia will open a regional parts hub soon that is expected to improve and streamline the parts distribution in Malaysia and the region.


This post has been edited by EnergyAnalyst: Jul 26 2024, 12:47 AM
TSEnergyAnalyst
post Aug 3 2024, 10:23 AM

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https://autonews.gasgoo.com/m/70034098.html

Leapmotor achieves highest-ever monthly deliveries in July 2024
Monika From Gasgoo| August 02 , 2024
Shanghai (Gasgoo)- In July 2024, Chinese new energy vehicle maker Leapmotor set a new monthly delivery record with 22,093 vehicles sold, marking a 54.1% year-on-year surge.

As of early July, Leapmotor has cumulatively delivered over 400,000 vehicles.

On July 30, Leapmotor International shipped its first batch of Leapmotor C10 and T03 electric vehicles from Shanghai Port to Europe. This milestone highlights the significant collaboration between Stellantis Group and Leapmotor, demonstrating their shared commitment to swiftly providing sustainable mobility solutions and innovative products to the European electric vehicle market. Starting from the fourth quarter of 2024, Leapmotor International will also launch the C10 and T03 models in the Middle East and Africa, Asia-Pacific, and South America markets.

On June 28, the company's intelligent six-seater SUV model, the Leapmotor C16, hit the market with a guidance price ranging from 155,800 yuan to 185,800 yuan. As the flagship model riding on the LEAP 3.0 technology architecture, the C16 has recorded over 10000 units in fixed orders since its market launch. The model is now being delivered across multiple regions in China.
TSEnergyAnalyst
post Aug 5 2024, 11:25 AM

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What a cheeky Poll

https://www.carscoops.com/2024/08/we-asked-...-what-you-said/

We Asked You Which Stellantis Brands Should Die, These Are Your Picks
Jeep, Alfa Romeo and Peugeot are safe if you ever become Stellantis CEO, but there’s one legendary brand that’s ready for the chop

We asked which Stellantis brands should be axed; results overwhelmingly support preserving Jeep.
Chrysler brand was the firm you most wanted to see snuffed out, with DS coming in second.
We ran the poll after Stellantis CEO Carlos Tavares warned of closing loss-making divisions
TSEnergyAnalyst
post Aug 10 2024, 10:06 PM

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QUOTE(gobiomani @ Aug 9 2024, 12:43 PM)
Most of the US brands under Stellantis only have a few models on sale. They should sell them off. Only Jeep should be retained.
Vauxhall and Opel sell the same cars with different names, should be merged as they do sell well in Europe.
They should ditch DS and make Citroen a premium brand like Peugeot instead of making it a cheaper brand.
Is Lancia still making any cars? Should sell off the brand and focus on Alfa and Maserati.
Abarth should be ditched as well and just go back to being a tuned version of Fiats.
*
As you wish, first chop

https://www.cnbc.com/2024/08/09/stellantis-...ckup-truck.html

QUOTE
Stellantis will indefinitely lay off up to 2,450 U.S. plant workers in Warren, Michigan, later this year as it discontinues production of an older version of its Ram 1500 pickup.

The company has not announced a vehicle to replace the truck.

The layoffs are expected to start as soon as October.


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