Stellantis Invests €100 Million to Keep Site Near Paris Open

The Stellantis NV automobile plant in Poissy, France. 

Photographer: Nathan Laine/Bloomberg

Stellantis NV plans to invest €100 million ($118 million) to transform its Poissy car-assembly plant near Paris, an initiative to keep the site open as the maker of Peugeots and Citroëns scales back its European manufacturing operations.

Stellantis, which currently produces the Opel Mokka and DS compact sport utility vehicles in Poissy, will keep making cars at the site through at least the end of 2028, it said Thursday. Then it will shift to other kinds of activities, including auto part production, recycling, and 3D printing for special car series.