Stellantis scraps plan to launch Peugeot in US market

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Stellantis NV has scrapped a plan to launch the Peugeot brand in the United States and will focus instead on the RAM pickup trucks, high-margin Jeeps and Fiat Chrysler’s (FCA) other brands – Dodge, Chrysler and Alfa Romeo – in the world’s second-largest auto market, it said on Tuesday.