Jaguar Land Rover and Stellantis Partner on New Truck Development
What happened
Jaguar Land Rover and Stellantis are engaged in a formal joint venture focused on joint vehicle development for the U.S. market. The companies are collaborating on projects that include the development of a new truck model. JLR showcased the Wolf Series II, a new pickup based on the Defender 110, which is being evaluated against U.K. Ministry of Defense Light Mobility Vehicle tender requirements.
From robbreport.com
Why it matters
The partnership between the two global automotive companies signals a major push into the competitive North American market. The joint venture aims to leverage combined resources to develop vehicles for the U.S. market, including specialized military applications.
JLR and Stellantis are increasing their focus on North America and forming partnerships to develop vehicles for the U.S. market.
From robbreport.com
Who's involved
- Jaguar Land RoverBritish multinational automotive company involved in a formal joint venture with Stellantis.
- StellantisFranco-Italian-American multinational automotive manufacturer in a formal joint venture with JLR.
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The entities involved
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Jaguar Land Rover
British multinational automotive company
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Stellantis
Franco-Italian-American multinational automotive manufacturer