CompaniesStellantis Joint Venture in China Filing for Bankruptcy Due to Plunging Vehicle Sales, Company Says00CopyFacebookXTruthGettrLinkedInTelegramEmailSavePrintStellantis CEO Carlos Tavares poses following the presentation of the Jeep Avenger 4Xe Concept on the first day of the 2022 Paris auto show on Oct. 17, 2022. Eric Piermont/AFP via Getty ImagesNaveen AthrappullyReporter10/31/2022|Updated: 10/31/20220:00X 1European 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.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.Share this articleLeave a commentNaveen AthrappullyReporterNaveen Athrappully is a news reporter covering business and world events at The Epoch Times. Author’s Selected ArticlesNew Vehicle Sales to Fall by Nearly 8 Percent Yearly: CoxNov 29, 2025Retail Workers Currently Earning 51.6 Percent Less Than Needed to Afford Rent: ReportNov 29, 2025Eliminating Measles Remains a ‘Distant Goal’ Despite 88 Percent Decline in Deaths: WHONov 29, 2025Study Links Tattoos to 29 Percent Increased Risk of Cutaneous MelanomaNov 28, 2025Related TopicscarmakerChinese business practicesStellantisbusiness in china
