Stellantis announces the end of its Jeep partnership with GAC in China
Stellantis will recognize a non-cash impairment of around 297 million euros. The loss-making joint venture with GAC has been producing Jeep vehicles. Stellantis (STLA.MI) reported the “systematic end” of its misfortune making joint endeavor with Chinese carmaker GAC (601238.SS) , which has been delivering Jeep vehicles starting around 2010, after it bombed in its endeavor … Read more