Core Viewpoint - GAC Fiat Chrysler (广汽菲克) has officially declared bankruptcy after more than two years in liquidation, marking the end of its operations as a joint venture that once thrived with domestic Jeep models [1][2]. Group 1: Bankruptcy Declaration - On July 8, the management of GAC Fiat Chrysler announced the application for bankruptcy due to the company's inability to restructure and the lack of assets to cover its debts [1][2]. - The Changsha Intermediate People's Court confirmed that GAC Fiat Chrysler could not repay its due debts and lacked the conditions for reorganization or settlement, leading to the bankruptcy declaration [2][4]. Group 2: Financial Performance - GAC Fiat Chrysler was established in 2010 with a total investment of approximately 17 billion yuan, with a 50:50 shareholding between GAC Group and Stellantis [3]. - The company saw a peak in sales in 2017, reaching 222,000 units, but experienced a significant decline in subsequent years, with sales dropping to 20,100 units by 2021 [3][6]. - As of the bankruptcy application date, the total debt owed by GAC Fiat Chrysler was approximately 4 billion yuan, while its total assets were about 3.894 billion yuan, indicating a shortfall in asset value to cover liabilities [6]. Group 3: Market Position and Challenges - The company failed to keep pace with the electric and intelligent vehicle trends, leading to a lack of competitive models in the market [2]. - Internal disputes over shareholding adjustments between the foreign and domestic partners contributed to the company's challenges, culminating in the termination of the joint venture in July 2022 [3][4]. Group 4: Aftermath and Customer Concerns - Following the bankruptcy, issues regarding after-sales service for Jeep and Fiat models have arisen, with Stellantis indicating that it would take responsibility for after-sales service for existing customers [7][8]. - However, customers have reported problems such as parts shortages and long repair times, leading to unresolved complaints regarding after-sales service [8].
挥别国产Jeep,破产的广汽菲克售后保障仍待解决
Bei Ke Cai Jing·2025-07-09 09:13