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.[3] Fiat agreed to invest an initial US$559 million in the venture.[4]
![]() | |
Native name | 广汽菲亚特克莱斯勒汽车有限公司 |
---|---|
Formerly | GAC Fiat Chrysler Automobiles Co., Ltd. GAC Fiat Automobiles Co., Ltd. |
Type | Joint venture |
Industry | Automotive |
Founded | 2010 (2010) |
Defunct | 2022 |
Headquarters | , China |
Area served | China |
Key people | Zheng Xiancong (president)[1] Jack Cheng (managing director)[2] |
Products | Automobiles |
Owners | GAC Group (50%) Stellantis (50%)[3] |
Website | gacfiatauto.com |
GAC-Stellantis | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Simplified Chinese | 广汽菲亚特克莱斯勒 | ||||||||||
Traditional Chinese | 廣汽菲亞特克萊斯勒 | ||||||||||
| |||||||||||
GAC FCA | |||||||||||
Simplified Chinese | 广汽菲克 | ||||||||||
Traditional Chinese | 廣汽菲克 | ||||||||||
| |||||||||||
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.[4] 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.[5] GAC Fiat Automobiles Co., Ltd. was incorporated on 9 March 2010.[3]
The Changsha assembly plant was officially opened on 28 June 2012, in a ceremony attended by Fiat chief executive Sergio Marchionne and representatives of Hunan and Guandong provinces.[6]
In January 2013, it was announced that GAC Fiat would be also expanded to include Chrysler, and that, GAC Fiat would construct a new assembly plant in Guangzhou for the production of Jeep products.[7][8]
In January 2015, GAC Fiat was renamed as GAC Fiat Chrysler.[9]
In January 2022, Stellantis announced a plan to take majority stake of the joint venture.[10]
In July 2022, Stellantis announced their intent to terminate the joint venture with GAC, shutting down local operations and moving towards importation.[11]
GAC Fiat has facilities in Changsha, with an annual production capacity of 140,000 cars and 220,000 engines, covering around 700,000 m2.[5] Vehicle production began in June 2012, with the Fiat Viaggio four-door sedan.[3][12][13] Later, the company started to manufacture the Ottimo (the hatchback version of the Viaggio).[14] In October 2013, GAC Fiat announced the construction of a second manufacturing plant in Guangzhou[15] In November 2014, Fiat Chrysler and GAC expanded their partnership to produce Jeep vehicles.[14] The Changsha plant began assembling the Jeep Cherokee in October 2015 and the Guangzhou plant began assembling the Jeep Renegade in April 2016.[16] In late 2016, the Guangzhou plant began assembling the Jeep Compass. In 2018, the Changsha plant began manufacturing the Jeep Grand Commander.[17]
Year | Fiat[19] | Jeep[20] | Combined |
---|---|---|---|
2012 | 11,288 | 0 | 11,288 |
2013 | 48,375 | 0 | 48,375 |
2014 | 68,090 | 0 | 68,090 |
2015 | 31,481 | 8,005 | 39,486 |
2016 | 12,699 | 133,009 | 145,708 |
2017 | 2,273 | 202,755 | 205,028 |
2018 | 269 | 124,514 | 124,783 |
2019 | 23 | 72,956 | 72,979 |
2020 | 0 | 40,659 | 40,659 |
2021 | 0 | 20,357 | 20,357 |
Total | 174,498 | 602,255 | 776,753 |
| |||||
---|---|---|---|---|---|
A subsidiary of Guangzhou Automobile Industry Group | |||||
Marques | |||||
Subsidiaries |
| ||||
Joint ventures and shareholdings |
| ||||
Stellantis | ||
---|---|---|
Predecessors |
| ![]() |
Leadership |
| |
Marques | ||
Subsidiaries / joint ventures |
| |
Regional operations |
| |
Factory locations |
| |
Related topics |
| |
|
Fiat Chrysler Automobiles (2014–2021) | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Predecessors | ![]() | ||||||||||
Successor |
| ||||||||||
Marques | |||||||||||
Subsidiaries |
| ||||||||||
Facilities |
| ||||||||||
People |
| ||||||||||
|
![]() | |||||
---|---|---|---|---|---|
| |||||
Chinese vehicle manufacturers | |||||
Sino-foreign joint venture vehicle manufacturers |
| ||||
Subsidiaries of foreign companies |
| ||||
Other |
| ||||
N.B. Only companies and organisations from Mainland China and Hong Kong are included
|