Stellantis and Jaguar Land Rover teaming up
Stellantis and Jaguar Land Rover just signed an MOU to collaborate on product development in the US. The official line is they're combining "complementary strengths" to create "synergies."
Translation: both companies make absolute garbage and they're hoping collaboration fixes it. This is what happens when an industry's reputation collapses so badly that merging unreliable product lines becomes a strategy.
#Stellantis and Jaguar Land Rover (JLR) have signed a MOU to explore collaboration opportunities in product development in the U.S. By combining complementary strengths across product & technology development, we will create new synergies and deliver value for both organizations.
Source
x.com