18
Jul
15:37
Stellantis ends Chinese JV with GAC Group
Stellantis confirmed on Monday it will end its joint venture with GAC in China and supply the country with imported Jeeps instead of locally produced ones, Kallanish reports.
The European carmaker says its decision to terminate the GAC-Stellantis JV comes from the lack of progress in the previously announced plan for Stellantis to take a majority share in the venture.
The plan now is to cooperate with GAC Group to “orderly” terminate the loss-making…
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Anonymous
Very good overview of the weekly steel market.
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