December 1, 2022

Stellantis, China’s GAC three way partnership to file for

business news

business news

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Stellantis mentioned that shareholders of its loss-making three way partnership producing Jeep automobiles in China have accepted it to file for chapter.

The European carmaker mentioned it has totally impaired the worth of its funding within the enterprise in its outcomes for the fist half of 2022, in an announcement.

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Stellantis had terminated the three way partnership with Guangzhou Car Group in July, solely months after it mentioned it might elevate its stake within the enterprise. (Reporting by…

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