Stellantis and Renault are not considering a merger, as confirmed by Stellantis Chairman John Elkann at a recent summit.
Stellantis, already a major player in the automotive industry, is focused on appointing a new CEO and addressing challenges with underperforming brands.
A potential Stellantis-Renault merger would have faced complexities due to Renault's existing partnerships, and both companies share concerns about the future of small gas-powered cars in Europe.
While sales for Renault Group brands improved in 2024, stringent emissions regulations are posing challenges for the future, with a complete ban on new cars with harmful emissions in the EU by 2035.