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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 ....

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