Well, it’s official—another chapter in the long and rocky history of Fiat Chrysler’s attempts in China has come to a close. The Guangzhou Automobile Group Co., Ltd (GAC) – Fiat Chrysler Automobiles (FCA) joint venture, once seen as a promising gateway into the world’s largest auto market, has now been declared bankrupt.
On July 8th, 2025, the Changsha Intermediate People’s Court in Hunan Province accepted the joint venture’s bankruptcy filing after it was confirmed the company couldn’t reorganize its debts. According to Car News China, the filing was supported by creditors after a long financial struggle that lasted years.
