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Chinese business practices – XtremeCuztoms

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Home / Category: Chinese business practices

Category: Chinese business practices

Stellantis Joint Venture in China Filing for Bankruptcy Due to Plunging Vehicle Sales, Company Says

October 31, 2022 admin

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European carmaker Stellantis has announced that its joint venture (JV) in China is filing for bankruptcy following poor vehicle sales over the years. The JV, which sold the Jeep Cherokee SUV and the Jeep Compass crossover SUV in China, saw sales decline significantly during the past year. In 2021, sales crashed by 50 percent to…

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Category: Chinese business practices

Stellantis Joint Venture in China Filing for Bankruptcy Due to Plunging Vehicle Sales, Company Says

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