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China's GAC Rebuked Stellantis Over Joint-Venture Plan Announcment
car&bike Team
Jan 28, 2022, 1:45 AM
Stellantis said it was planning to increase to 75% its stake in the joint venture with Guangzhou Automobile Group (GAC), which produces Jeep-branded vehicles. GAC rebuked Stellantis for announcing plans to increase a stake in their joint venture without the Chinese automaker's approval.
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