Jul 27, 2022 08:05 PM

BUSINESS

Analysis: Dutch Carmaker Stellantis and State-Owned Guangzhou Auto Go Their Own Ways

By Qi Zhanning and Ding Yi

The production line of the GAC FCA Guangzhou factory in Guangzhou, Guangdong province, on Nov. 10, 2016. Photo: VCG

The production line of the GAC FCA Guangzhou factory in Guangzhou, Guangdong province, on Nov. 10, 2016. Photo: VCG

Sparks are flying between Guangzhou Automobile Group Co. Ltd. (GAC) and Stellantis NV, an Amsterdam-based auto giant formed by the merger of Fiat Chrysler and PSA Group, with the pair putting different spins on news that they plan to dissolve a struggling joint venture (JV).

The decision to shut down the JV that produces Jeep vehicles for the Chinese market, named GAC Fiat Chrysler Automobiles Co. Ltd, came after the two companies clashed over the ownership structure.

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