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STLA Stellantis NV News Story

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Brief: Stellantis partnering with Tata for product, manufacturing synergies in emerging markets

May 21 (Reuters) - Stellantis says in slides STLAM.MI during the group's capital markets day:

PARTNERING WITH TATA MOTORS TO LOOK FOR SYNERGIES ACROSS SUPPLY CHAINS, PRODUCTS AND MANUFACTURING IN EMERGING MARKETS

TARGETS 10% REVENUE GROWTH IN SOUTH AMERICA, 40% IN MIDDLE EAST AND AFRICA, 100% GROWTH IN ASIA PACIFIC BY 2030

TARGETS REDUCING PRODUCT DEVELOPMENT TIME TO 24 MONTHS FROM 40 MONTHS BY 2030

Further company coverage: STLAM.MI

 (Reporting by Milan newsroom)

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