GAC Fiat Chrysler Automobiles, a joint venture between Stellantis and China’s Guangzhou Automobile Group, said on Tuesday it has been declared bankrupt. The joint venture posted images of a ruling issued by a court in China’s Hunan province declaring the bankruptcy, with its announcement, in a social media post. Read the original article here
Industry leading debt settlement company secures spot for third year in a row NEW YORK, July 8, 2025 /PRNewswire/ — National Debt Relief, the industry leader in debt settlement known for its unique approach to debt relief, has been recognized as “Best Debt Relief and Settlement Companies of 2025” by Forbes Advisor. This is the third consecutive…
BEIJING (Reuters) -GAC Fiat Chrysler Automobiles, a joint venture between Stellantis and China’s Guangzhou Automobile Group, said on Tuesday it has been declared bankrupt. The joint venture posted images of a ruling issued by a court in China’s Hunan province declaring the bankruptcy, alongside its announcement, in a social media post. (Reporting by Beijing Newsroom;…
GAC Fiat Chrysler Automobiles joint venture declared bankrupt Reuters Read the original article here
Stellantis N.V. is one of the world’s leading car manufacturers. The activity is essentially organized around 4 sectors: – sales of passenger cars and light commercial vehicles: Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys brands; – sale of luxury vehicles: Maserati and DS Automobiles brands;…
Rising debt burdens in many low- and middle-income countries are putting significant pressure on spending for the social sector, including for health. Debt2Health, the Global Fund’s debt swap program, aims at reversing a small part of this trend by allowing creditor and debtor countries to convert –…
Supermodel Kate Moss is the latest celebrity to see their beauty brand topple. Cosmoss has entered liquidation proceedings less than three years after launching. Cosmoss launched with just six products in 2022(Image: Dave Benett/Getty Images for Cos) British supermodel Kate Moss’ premium skincare and wellness business has officially filed to end all operations. Cosmoss has…
Nexus Corporate Solutions Limited Offers Business Insolvency Support in the UK NORTHEAST – NEWS CHANNEL NEBRASKA Read the original article here
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Rakesh Kumar Jain (Judicial Member), Mr. Naresh Salecha (Technical Member) and Mr. Indevar Pandey (Technical Member) has held that if property is alleged to be proceeds of crime and is under adjudication by a competent authority under a penal statutes, it cannot be…
In a written update to people owed money following the collapse of the company, joint liquidator Leonard Gerber said that he was continuing to recover payments from people who still owed money to the firm, but a refusal by some to engage was going to lead him to pursue recoveries through the courts. The liquidators…