Headlines
GAC Fiat Chrysler Automobiles joint venture declared bankrupt
GAC Fiat Chrysler Automobiles joint venture declared bankrupt
Published by Global Banking and Finance Review
Posted on July 8, 2025
Published by Global Banking and Finance Review
Posted on July 8, 2025
BEIJING (Reuters) -GAC Fiat Chrysler Automobiles, a joint venture between Stellantis and China's Guangzhou Automobile Group, said on Tuesday it has been declared bankrupt.
The joint venture posted images of a ruling issued by a court in China's Hunan province declaring the bankruptcy, alongside its announcement, in a social media post.
(Reporting by Beijing Newsroom; Editing by Andrew Heavens)
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