GAC-FCA Went From Fastest Growing JV To Bankrupt In 5 Years
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1 Articles
GAC-FCA Went From Fastest Growing JV To Bankrupt In 5 Years
GAC-FCA used to produce and market Fiat and Jeep vehicles in China. China is the single largest automotive market in the world and also the most competitive one where new tech becomes old overnight and prices must be slashed often to remain appealing. One of the many victims on the list are one of Stellantis’ joint ventures – GAC-FCA. This entity has been on the decline for many years but what exactly happened here and why is it making waves thi…
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