News Snapshot:
A Jeep Rubicon Recon on display at the Beijing Auto Show in Beijing in September 2020 - Copyright AFP Christof STACHE US-European carmaker Stellantis said on Monday it was ending production in China of its Jeep SUV after failing to acquire a majority stake in its joint venture with local firm GAC. GAC-Stellantis is one of two joint ventures in China embarked on by Stellantis, which was formed in January 2021 last year by the merger of Fiat-Chrysler and PSA. “Stellantis intends to cooperate with GAC Group in an orderly termination of the joint venture formed in March 2010, which...
