Stellantis secures full control over Punch Powertrain joint venture
On May 13, ABVV-Metaal union and multiple sources reported that Stellantis had gained full control of the joint venture with Punch Powertrain after a months-long battle for control of Punch Powertrain PSA E-Transmissions. Stellantis initially made a hostile takeover bid, contested by Punch Powertrain, but ultimately