Recently, Stellantis' official website announced that shareholders of GAC Fick, GAC Group and Stellantis have approved a resolution authorizing GAC Fick to file for bankruptcy in the event of losses. The following is the notice from the official website: From the official article

2025/07/0214:38:35 car 1832

Recently, Stellantis' official website announced that shareholders of GAC Fick , GAC Group and Stellantis have approved a resolution authorizing GAC Fick to file for bankruptcy in the event of losses. The following is the notice from the official website:

From the official manuscript, shareholders of GAC Fick joint venture , GAC Group Co., Ltd. and Stellantis NV have authorized the joint venture to file for bankruptcy in the event of losses. Stellantis has fully impaired its investments and other related assets in GAC Fick in its financial results in the first half of 2022.

In addition, Stellantis also stated that it will continue to provide corresponding high-quality services to existing and future Jeep brand customers in China.

It is reported that GAC Fick was established on March 9, 2010 and was jointly invested and constructed by GAC Group and Stellantis Group with a share ratio of 50:50. The total investment is about 17 billion yuan. The main business covers the research and development, production and manufacturing, sales and after-sales services of passenger vehicles, engines and components.

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On October 31, Stellantis Group issued an announcement stating that shareholders of GAC Fick, GAC Group and Stellantis have approved a resolution agreeing that GAC Fick file for bankruptcy to the court when it is in a loss. - DayDayNews

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