Stellantis, China's GAC to terminate loss-making JV

Stellantis, China's GAC to terminate loss-making JV

The Edge Markets - Automotive·2022-07-19 05:09

PARIS (July 18): Stellantis and Guangzhou Automobile Group (GAC) will end their loss-making joint venture (JV) producing Jeep vehicles in China, the carmakers said on Monday, only four months after the European carmaker said it would raise its stake in the business.

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