MILAN — Stellantis will launch the reorganization of its European seller community subsequent week, beginning with 4 particular markets earlier than extending it additional throughout Europe in 2024, the automaker stated in an announcement.

As a part of its efforts to chop prices and help investments for electrification, the world’s third-largest automaker had introduced it was ending its earlier gross sales and companies contracts with European sellers for its 14 manufacturers and transferring towards a brand new distribution framework based mostly on an company mannequin.

With the direct-sales mannequin, automakers take extra management of gross sales transactions and costs, whereas sellers give attention to deliveries and servicing, not appearing because the buyer’s contractual accomplice.

Stellantis stated in its publication that it was finishing the signing of the brand new contracts and that the revised retail mannequin shall be absolutely efficient from Sept. 4, beginning with Austria, Belgium, Luxembourg and the Netherlands.

The corporate stated it signed greater than 8,000 gross sales and greater than 25,000 aftersales offers in latest weeks throughout 10 strategic nations in Europe.

The brand new framework shall be progressively prolonged throughout Europe throughout 2024, with contracts resulting from be signed within the subsequent few months, in step with the agreed framework, it added.

Uwe Hochgeschurtz, Stellantis’ chief working officer for the Enlarged Europe space, stated the dialogue with European seller associations and the group’s total seller community had been “pragmatic, business-driven, based mostly on full transparency and on extremely mutually constructive talks and interactions.”