Stellantis terminates Jeep joint venture with GAC in China after failed takeover attempt

Global automaker Stellantis is making its footprint slightly less global, following the termination of a joint venture established with GAC Group over a decade ago to build Jeeps overseas. Stellantis has cited a “lack of progress” in acquiring a majority stake in the JV, and instead will try to import its electrified Jeep offerings to China.
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