The venture between Stellantis and Guangzhou Automobile Group producing Jeep vehicles in China will file for bankruptcy, the companies said, after a lengthy decline for the oldest foreign auto brand in the world’s largest market. Stellantis said in a statement on Monday it had fully impaired the value of its […]
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Stellantis Jeep joint venture in China to file for bankruptcy
Oct 31 (Reuters) – The undertaking in between Stellantis (STLA.MI) and Guangzhou Vehicle Group Co (GAC) generating Jeep autos in China will file for individual bankruptcy, the companies stated on Monday, after a lengthy decline for the oldest foreign car manufacturer in the world’s major current market. Stellantis stated in […]
Stellantis says Jeep joint venture in China to file for bankruptcy
CEO of Stellantis Carlos Tavares in the course of a push conference at the Stellantis cars and trucks factory in Hordain, northern France on Oct 27, 2022. Sameer Al-doumy | Afp | Getty Pictures The venture concerning Stellantis and Guangzhou Automobile Group developing Jeep vehicles in China is submitting for […]