2022-07-23 22:30
Jeep's Plant Closure Could Signal The End Of The Joint Venture Era In China
Recent news of Stellantis closing its only operating Jeep production facility in China surprised the automotive world just days ago. While the automaker will continue to sell Jeep products in the country, the shift to an import-only model is telling. It could very well mark the end of the joint-venture era as automakers know it in China, the world's largest market. Joint ventures were initially intended to help Chinese companies get into the automotive market faster than they could on their own.

https://www.carscoops.com/2022/07/jeeps-plant-closure-could-signal-the-end-of-the-joint-venture-era-in-china/

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