Overview
- Stellantis confirmed on Tuesday that it will invest more than €1 billion in France with funds split 50% for research and development, 40% for the Mulhouse plant and 10% for other French sites.
- The Mulhouse factory, which employs about 4,500 people, will assemble three new Peugeot compact segment C models—berlines and SUVs, electric or hybrid—from 2029.
- More than €500 million of the R&D share will accelerate development of the STLA One modular platform, which is planned to underlie 30+ future models and help the group build half its volume on three global platforms by 2030.
- Company executives and ministers visited Mulhouse to present the plan and unions welcomed the announcement as a key reassurance for local jobs, while officials stopped short of giving fixed long-term employment guarantees.
- The investment follows heavy 2025 losses and a prior Stellantis plan to cut European capacity by about 800,000 units, so the move both secures a French site and advances a broader cost-saving restructuring that could reshape production across Europe.