Stellantis exits from its China venture

I read elsewhere that Jeep sales in China amounted to only 1% of the total new car sales in that country, so this isn’t really a major setback for them.

https://www.autonews.com/china/stellantis-terminates-jeep-joint-venture-chinas-gac

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I am surprised Jeeps are not more popular in China.

Not surprised GAC blocked the increase in Stellantis’ stake. NO non-Chinese business has that kind of control. The Chinese government will not allow that.

GAC will probably continue building the same product with a different name badge. :slightly_smiling_face:

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With all the China vehicles that copy other vehicles I am not surprised that this venture was not a success . It just seems that every move by Chrysler is a mistake .

I suspect they’ll never get their tooling back.