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Stellantis Aiming At More Control In Joint Venture With GAC, To Help New China Plan:

Stellantis Aiming At More Control In Joint Venture With GAC, To Help New China Plan:​

Bloomberg Sources State Stellantis Is Having "Advanced Discussions"...​


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According to a report in Bloomberg, Stellantis is looking at taking control of its joint venture with Chinese state-owned partner Guangzhou Automobile Group Co. (GAC) to help with its new strategy for the market. The report states the Stellantis is in “advanced discussions” with GAC on raising its ownership in the 50:50 venture, which currently oversees its manufacturing operations for the Jeep® brand in the Chinese market.

 
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