The Lucky Motor Corporation (LMC) Ltd. have just made an agreement with the Stellantis Group. In the agreement, the LMC will have Rights to Assembling, manufacturing, & marketing, along with distribution.
Stellantis group is a global giant conglomerate as it comes the 4th on the Largest automotive manufacturer. it is also helped the merger between France, Based PSA Groupe & the Italian, American Fiat Chrysler Automobiles (FCA) group.
In total there are 16 Automobile brands under the Stellantis Group — Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Fiat Professional, Jeep, Lancia, Maserati, Mopar, Opel, Peugeot, Ram Trucks, and Vauxhall.
CEO Asif Rizvi made a statement that Lucky motors Plan to manufacture vehicles under the Stellantis Group in light of the Auto Development Policy (ADP) 2016-21 this production will be done at its Bin Qasim Industrial Park production facility in Karachi.
This will pave the way for manufacturing & Distributing two Different international Brands under 1 Roof, regaining an Era of multi Brand car companies