News Snapshot:
[Automobile] Stellantis kicks off China reboot with push to take over Jeep venture, report says Stellantis is poised to roll out a new strategy for China, with the first major step being to take control of its struggling Jeep joint venture from a domestic partner, according to people familiar with the matter. The automaker formed from the merger between Fiat Chrysler and PSA Group is in advanced discussions with state-owned partner Guangzhou Automobile Group Co. on raising its stake in the 50-50 venture overseeing its Jeep operations in China, said the people, who asked not to be named because the...
