Stellantis continues its strengthening strategy, also looking at the used vehicle market with interest. The group has in fact announced that it has acquired a majority stake of Stimcar, a French company specializing in the reconditioning of used vehicles, through its specialized division Stellantis & You, Sales and Services. The agreement provides that the current structure, led by Jean-François and Yann Brazeau, will continue to operate as well as the staff employed in the company. The group led by Carlos Tavares then made it known that it intends to increase the number of Stimcar employees if market conditions are favorable.
The French company will make it possible to acquire and strengthen know-how in the reconditioning processes of used vehicles, industrializing practices and improving skills. By gradually bringing in further volumes of Used Cars to be reconditioned, Stellantis & You, Sales and Services will thus act as a business provider for Stimcar, albeit without any exclusivity: Stimcar will continue both to offer its services to its current customers, and to develop and diversify its portfolio. clients. The agreement also includes the development of several refurbishing centers in France and Europe. Stimcar initially plans to create new centers in France, in addition to those already present in Bordeaux, Nantes and Toulouse, and then, internationally, to meet the demand of its existing customers and of those who have already expressed interest in the solution. Stimcar. From 2023, new centers will be opened in Europe, in particular in the markets in which Stellantis operates.
“The development of the used car business is a long-term strategic priority for Stellantis and for Stellantis & You, a sales and service distribution affiliate – commented Senior Vice President Pre-Owned vehicles Business Unit – We have identified Stimcar as the best independent operator. player in the field of reconditioning of used cars, a fundamental lever for the creation of value in the used car business I am pleased with this agreement that creates the conditions for our strategic independence in the field of reconditioning of used cars, allowing Stimcar to pursue a development autonomously ambitious, according to a partnership model that has already proved successful “.
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