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A Fiat Chrysler Automobiles (FCA) sign is at the U.S. headquarters in Auburn Hills, Mich., on May 25, 2018. Rebecca Cook/Reuters
News Analysis
GAC Fiat Chrysler Automobiles, once a flagship joint venture between China’s Guangzhou Automobile Group (GAC) and the multinational Stellantis, has officially been declared bankrupt by a court in Changsha, China, after years of financial struggles and unsuccessful attempts at restructuring.
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