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. GAC Fiat Automobiles Co., Ltd. was incorporated on 9 March 2010. 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. In January 2015, GAC Fiat was renamed as GAC Fiat Chrysler. In January 2022, Stellantis announced a plan to take a 75% majority stake of the joint venture. GAC quickly responded that no formal agreement to change the joint venture had been signed. In July, Stellantis announced that due to a lack of progress in its attempt to take a greater stake in the company, it was terminating the joint venture with GAC. Stellantis planned to shut down local production operations and move towards importing Jeep vehicles to the Chinese market. Later that year, the joint venture filed for bankruptcy. ==Operations==