Jeep Maker Stellantis Downshifts Ambitions in China

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Jeep maker Stellantis is scaling back its ambitions in China, a strategic pivot that reflects the challenging landscape for global auto makers

When he took over Jeep maker Stellantis NV nearly two years ago, Chief Executive Carlos Tavares made it among his top priorities to jump-startof France’s PSA Group and Fiat Chrysler Automobiles NV in January 2021, had

given priority to efforts to boost its relatively meager sales in China. Mr. Tavares said shortly after the merger that Stellantis would remain in the country long term and would devise a strategy to become successful in the

 

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We as a nation especially our Congress continues to think the Chinese play by the same rules that we employ. Their 1 rule: China wins at all costs. 2 Never stop negotiating. 3 Eliminate the opposition even it means they die. JoeBiden SenSchumer MarshaBlackburn marcorubio

The real goal is maximize revenue & profit opportunities for US citizens without benefiting Chinese govt. nearly impossible considering our Congress is addicted to Chinese lobbyists.

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