Stellantis CEO Antonio Filosa has called on European regulators to create stronger incentives for carmakers to manufacture vehicles in Europe as Chinese rivals dominate the market. Chinese brands have seen their market share in Europe jump from near zero in 2020 to 12% in August 2025, while Stellantis shares have dropped nearly 60% year-to-date as the company implements a 70 billion dollar turnaround strategy. Under an agreement with the European Union, China has agreed to halve its exports of hybrid cars to the bloc, which boosted Stellantis shares by 2.7% on Monday.
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