Currently reading: GAC rebuffs Stellantis's Chinese joint venture plans

Chinese manufacturer denies that it has agreed to changes in jointly owned company's stakeholding

GAC has reacted to an announcement made by Stellantis on Thursday outlining its plans to increase its shareholding in the GAC-Stellantis joint venture, claiming the move isn't agreed. 

The Chinese manufacturer said it learned of the announcement regarding the equity adjustment from Stellantis’s official website.

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