Stellantis Files for Bankruptcy (in China)

[kt4hx]

File this under "for what its worth." A joint venture in China between Stellantis and Guangzhou Automobile Group (GAC) has declared bankruptcy due to staggering losses. This has nothing to do with our market, but found it interesting.

GAC-Stellantis joint venture GAC-FCA declared bankrupt in China

GAC-Stellantis JV GAC-FCA declares bankruptcy in China.

carnewschina.com