Published by Global Banking & Finance Review®
Posted on January 29, 2025
1 min readLast updated: January 27, 2026
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Stellantis acquires full control of its joint venture with Punch Powertrain, enhancing its hybrid vehicle technology. Financial details remain undisclosed.
PARIS (Reuters) - Carmaker Stellantis, brands of which include Fiat, Peugeot and Vauxhall, said it had agreed to buy full control of its joint venture with Belgium's Punch Powertrain, strengthening its position in hybrid vehicle technology.
Its venture with Punch Powertrain had focused on production of dual-clutch transmissions (eDCT) for hybrid and plug-in electric vehicles.
Stellantis declined to provide financial details of its full buyout of the venture.
(Reporting by Gilles Guillaume; Editing by Sudip Kar-Gupta and David Goodman)
Stellantis agreed to buy full control of its joint venture with Punch Powertrain.
The venture focused on the production of dual-clutch transmissions for hybrid and plug-in electric vehicles.
No, Stellantis declined to provide financial details regarding the full buyout of the venture.
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