[Stellantis Partners with Jaguar Land Rover to Establish Vehicle R&D in the US] Stellantis is advancing a large-scale business restructuring, with its latest move being a plan to join forces with Jaguar Land Rover to conduct vehicle R&D in the US. The two enterprises announced on May 20 that they would explore product R&D collaboration in the US market. This also marked the first partnership agreement reached in the high-profit core US market since Stellantis CEO Filosa Antonio took office.

[Stellantis and Dongfeng Group Plan to Establish Joint Venture in Europe] On May 20, Stellantis Group issued a statement announcing that it had recently signed a non-binding memorandum of understanding with Dongfeng Motor Group Company Limited (hereinafter referred to as "Dongfeng Group"). The two parties plan to further deepen their strategic partnership building on their existing 34-year cooperation. According to the preliminary plan, the two companies intend to establish a new joint venture in Europe, responsible for the sales, distribution, manufacturing, procurement, and engineering R&D of Dongfeng Group's new energy car models in designated European markets.

On May 15, six institutions — including Europe-headquartered Stellantis Group — participated in the restructuring of Dongfeng Peugeot Citroën Automobile (DPCA), with total investment exceeding 8 billion yuan, primarily directed toward the new energy vehicle sector. This marks an important shift for China's auto industry from "bringing in" to "going global," reflecting the completeness of China's NEV industrial and supply chain and its strong appeal to global capital.

Leapmotor management stated at today's Q1 2026 earnings call that the company's plan to utilize Stellantis Group's Brazilian factory capacity is being implemented to achieve localization of its products in the South American market. In addition, Stellantis-owned Opel will co-produce vehicles with the Leapmotor B10 at its Spanish factory. The launch of Opel models is expected around 2027–2028, after which it will have an impact on the company's revenue.

The 2025 2nd SMM Southeast Asia Automotive Supply Chain Conference was successfully held, featuring the release of 10 new car models, Southeast Asia brand strategies from three automakers, and SMM's local steel prices in Thailand. The event facilitated efficient matchmaking between 12+ buyers and 60+ suppliers, and preliminarily established a communication platform for the entire industry chain of Southeast Asian automotive sector. Currently, the NEV industry in Southeast Asia is entering a critical development phase. Thailand, Indonesia, and Vietnam each have their own strategic layouts and breakthroughs, while the industry also faces challenges such as supply chain restructuring, competition over technology roadmaps, and localization compliance. Thanks to the support from all parties, SMM's local pricing systems in Thailand and Indonesia have been implemented and adopted by core enterprises, establishing a credible cost benchmark for the industry. The 2026 3rd Conference will focus on three core themes: exploring the auto sales potential of NEVs in Southeast Asia; connecting the last mile of the supply chain and integrating regional industry chain resources; and advancing SMM's Southeast Asia metal pricing from a price reference to a transaction benchmark, implementing electrification material procurement applications and establishing an executable pricing system. We firmly believe that true progress comes from turning consensus into action. At this conference, Shenzhen Jinhelian Technology Co., Ltd. - UNIND sincerely invites you to gather again in Bangkok, to transform strategic blueprints into market competitive advantages, to witness and participate in this extraordinary and far-reaching industry event, and to co-create a brilliant new chapter! Click the to register now. Powering and Roads Ahead UNIND is a one-stop manufacturing partner for automotive stamping parts. Beyond the press itself, we operate a fully integrated in-house post-processing chain — deburring, sizing, heat treatment, surface coating, cleaning, and final inspection — delivering parts that are ready to assemble the moment they reach our customers' lines. Operating from a fully-equipped facility in Vietnam and backed by Union Industry's global supply network, UNIND serves automotive Tier 1s across Southeast Asia and beyond, with quality systems trusted by Sensata, Eberspächer, ITT, Stellantis, ZF, DRiV and ELDOR. Process Process Integrated Automotive Stamping Parts Solutions INTEGRATED AUTOMOTIVE STAMPING SOLUTIONS Stamping → Deburring → Sizing → Heat Treatment → Surface Coating → Cleaning → Inspection → Packaging & Delivery Clients We Work With Customer We Work With Contact Contact Shirley Wang M: +86 18573109058 E: shirley.wang@unindasia.com Contact Us Yan Caowei 15618581967 yancaowei@smm.cn

[Canada's Unifor Union Targets Ford as Top Priority for 2026 Contract Negotiations] Unifor, Canada's largest private-sector union, has locked in Ford Motor as its primary negotiating target, prioritizing a new collective labor agreement with the automaker, one of the Detroit Big Three. Negotiations are set to officially begin on June 22. If a new agreement is reached with Ford, it will establish a benchmark pattern for subsequent negotiations with Stellantis and General Motors. Just days after negotiations begin, on July 1, the United States-Mexico-Canada Agreement (USMCA) will undergo its mandatory joint review, in which the three countries will need to decide whether to extend the agreement for 16 years.

[Stellantis Opens First Vehicle Dismantling Center in Middle East and Africa] Stellantis recently inaugurated its first vehicle dismantling center in the Middle East and Africa region in Casablanca, Morocco, marking the company's expansion of its circular economy strategy into the region. The facility covers an area of 6,000 m² and can dismantle 10,000 retired vehicle units per year. This is the third dismantling center Stellantis has established globally, following those in Turin, Italy, and São Paulo, Brazil.

Rio Tinto is considering increasing its stake in the Los Azules copper project in Argentina. The project is regarded as one of the world’s largest undeveloped copper deposits and is expected to begin production in 2030, with average annual copper cathode output estimated at approximately 204,800 mt during its first five years of operation. Rio Tinto currently holds around 17.2% of project developer McEwen Copper through its Nuton venture, while Stellantis is also among the project’s key shareholders. Market attention remains focused on major mining companies continuing to strengthen investments in high-quality global copper resources.

Shanghai Unison Aluminum Co., Ltd. disclosed in its 2025 annual report that, in terms of Chinese market expansion, the company established strategic partnerships with high-end quality clients such as Xiaomi Auto, AITO, CATL, NIO, XPeng Motors, and BYD. In terms of international market development, the company successfully entered the supply chain systems of internationally renowned producers such as Tesla, Volvo, Stellantis, Volkswagen, and Audi, and had achieved volume supply to some clients, laying a solid foundation for continuously increasing its market share in markets outside China. As of the end of the reporting period, the company's cumulative orders on hand from awarded projects totaled approximately 33.867 billion yuan, of which ex-China business accounted for 29.30%.

One of the most striking developments this year in the silver market is the growing divergence between Asian and Western silver prices.