Stellantis and Jaguar Land Rover sign MoU to explore possibility of joint vehicle development for US market

Stellantis and Tata-owned Jaguar Land Rover (JLR) have signed a memorandum of understanding (MoU) to look at how they can collaborate on developing vehicles for the United States market. This comes just days after the former, which has 14 brands in its portfolio, expanded its long-standing partnership with Dongfeng.

In a joint press release, both companies said the non-binding MoU will see them explore collaboration opportunities to create synergies across product and technology development, leveraging their complementary strengths to create value for both organisations.

“By working with partners to explore synergies in areas such as product and technology development, we can create meaningful benefits for both sides while remaining focused on delivering the products and experiences our customers love,” said Antonio Filosa, CEO of Stellantis.

“As we continue to evolve JLR for the future, collaboration will play an important role in unlocking new opportunities. Working with Stellantis allows us to explore complementary capabilities in product and technology development that support our long‑term growth plans for the US market,” said PB Balaji, CEO of JLR.

Should both companies decide to work on vehicle development together, it opens up the potential for future Jaguar or Land Rover products to be produced in the US, which is beneficial to JLR as it can avoid import tariffs currently in place.

Looking to sell your car? Sell it with Carro.