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Stellantis gains full control of Punch Powertrain JV to increase hybrid transmission production
On January 29, Stellantis announced that it has acquired the remaining minority stake from Punch Powertrain in their 2018 joint venture, giving Stellantis full control of the company. This affects the plants in Metz, France, and Mirafiori, Italy, where they produce eDCT transmissions—advanced hybrid technology that i....
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