FB Pixel no scriptGAC FCA declares bankruptcy in China
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KrASIA
Jul
9

GAC FCA declares bankruptcy in China

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GAC Fiat Chrysler Automobiles (GAC FCA), the Jeep joint venture between GAC and Stellantis, has filed for bankruptcy after failing to restructure. Once a breakout SUV brand in China, the venture saw steep sales declines and shareholder disputes before a Changsha court approved its liquidation request on July 8, formally ending the venture.
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