GAC-Stellantis, formerly GAC Fiat Chrysler Automobiles Co., Ltd. was an automobile manufacturing company headquartered in Changsha, China. It is a 50:50 joint-venture between the GAC Group and Stellantis. The company was founded on 9 March 2010. Fiat agreed to invest an initial US$559 million in the venture. Fiat and GAC signed a joint venture agreement in Rome on 6 July 2009, in the presence of Chinese President Hu Jintao and Italian Prime Minister Silvio Berlusconi. Construction of GAC Fiat facilities in Changsha began on 26 November 2009, with a groundbreaking ceremony attended by the Italian ambassador to China, the provincial leaders of Hunan and Guangdong, and city leaders of Changsha and Guangzhou. GAC Fiat Automobiles Co., Ltd. was incorporated on 9 March 2010. More information...
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