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Stellantis to incorporate former Punch Powertrain joint venture into European business structure

On May 26, FIOM-CGIL and FISMIC unions announced that from July 1, 2026, the former Punch Powertrain JV will become part of Stellantis Europe. Around 770 workers at the Mirafiori plant, which produces electrified dual-clutch transmissions, will be included. The plant will become an internal unit of Stellantis Europe.....

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