The European company was accused of disrespecting customers in the world's biggest auto market by their Chinese partner.
Carlos Tavares made comments the previous day on how trust had broken down between the two companies over their Chinese manufacturing partnership.
GAC Group said that several Stellantis ventures failed to achieve success because of a lack of respect for customers.
The latest twist in the months-long back-and-forth took place on Thursday when the CEO, Carlos Tavares, flagged the risks of operating factories in China because its politicians are becoming more involved in business.
Last week it was announced that the only Jeep factory in China would be closing. Jeep is leaving as foreign auto brands have struggled to maintain their share of the market, raising questions about their future in China.
Jeep pulls out of China due to government interference in business.
GAC Group said that the joint venture has not been able to establish a mutually trustworthy operating mechanism adapted to the highly competitive environment in China.
The company's reasons for leaving ran deeper, despite the fact that the business was losing money. He said the decision was based on broken trust with its local partner and Chinese policy favoring the emergence of local brands.
GAC Group didn't do what it was supposed to do when it raised its stake in the joint venture to 75%. We decided that it was better to let it go.
An agreement to proceed to filing was signed by the company and GAC Group in February, but the spokesman wouldn't say more about it.
There was no consensus on relevant agreements and the Chinese group didn't file paperwork because of that
The Jeep Cherokee and other models were produced for the China market. Different Jeep vehicles will be sent to its dealers in the country.
The assistance was given by Tara Patel.
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