Stellantis CEO says ‘breach of trust’ broke alliance with China’s GAC


Source: nikkei.com nikkei.com

Key Topics in this News Article:

News Snapshot:

Stellantis CEO Carlos Tavares: The fourth-largest global automaker will dissolve its joint venture with Chinese partner Guangzhou Automobile Group. © Reuters KENJI KAWASE, Nikkei Asia chief business news correspondent July 29, 2022 01:11 JST | China Copy Copied HONG KONG -- The CEO of Stellantis, the fourth-largest global automaker by volume, has blamed the company's decision to end its key joint venture in China on a "breach of trust" by partner Guangzhou Automobile Group (GAC). Read Next