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    Home > Headlines > Carmaker Stellantis buys full control of Punch Powertrain venture
    Headlines

    Carmaker Stellantis buys full control of Punch Powertrain venture

    Published by Global Banking & Finance Review®

    Posted on January 29, 2025

    1 min read

    Last updated: January 27, 2026

    Stellantis strengthens its hybrid technology position by acquiring full control of the Punch Powertrain venture, focusing on dual-clutch transmissions. This strategic move highlights Stellantis's commitment to electric and hybrid vehicle innovation.
    Stellantis logo representing the acquisition of Punch Powertrain venture - Global Banking & Finance Review
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    Tags:innovationtechnologyAutomotive industryjoint ventureinvestment

    Quick Summary

    Stellantis acquires full control of its joint venture with Punch Powertrain, enhancing its hybrid vehicle technology. Financial details remain undisclosed.

    Stellantis Acquires Full Control of Punch Powertrain Partnership

    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)

    Key Takeaways

    • •Stellantis acquires full control of Punch Powertrain.
    • •The venture focused on dual-clutch transmissions for hybrids.
    • •Stellantis aims to strengthen its hybrid vehicle technology.
    • •Financial details of the buyout were not disclosed.
    • •Stellantis includes brands like Fiat, Peugeot, and Vauxhall.

    Frequently Asked Questions about Carmaker Stellantis buys full control of Punch Powertrain venture

    1What did Stellantis agree to do with Punch Powertrain?

    Stellantis agreed to buy full control of its joint venture with Punch Powertrain.

    2What was the focus of the Stellantis and Punch Powertrain venture?

    The venture focused on the production of dual-clutch transmissions for hybrid and plug-in electric vehicles.

    3Did Stellantis disclose financial details of the buyout?

    No, Stellantis declined to provide financial details regarding the full buyout of the venture.

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