Stellantis acquires full control of eDCT transmission joint venture from Punch Powertrain

Stellantis has taken full ownership of the Punch Powertrain PSA E-Transmissions joint venture in Sint-Truiden, Belgium, after a Belgian court ruling. The JV produces dual-clutch transmission components for hybrid vehicles.

“A Belgian judge’s decision in an appeal has officially secured Stellantis’ move to completely rake in the joint venture with Belgian Punch Powertrain in Sint Truiden.”newmobility.news

• 2 sources
• newmobility.newsStellantis rakes in eDCT-tech from Belgian Punch Powertrain - newmobility.newsJoris Van RoyMay 3, 2024
• hln.beAutobouwer Stellantis wordt eigenaar van Limburgse Punch Powertrain: 600 jobs gered | Regio | HLN.beRani AertgeertsMay 4, 2024

Summarized from public sources; check the original articles before acting on it.