# Stellantis plans to increase stake in GAC-Stellantis JV to 75%

Stellantis announced plans to increase its shareholding in the GAC-Stellantis joint venture from 50% to 75%, subject to Chinese government approval, to strengthen its Jeep brand operations in China.

- Type: Acquisition
- Announced: 2022-01-27
- Where: Changsha, China
- Status: announced
- Products: Jeep vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Stellantis](https://endata.com/companies/7966.md) (acquirer)
- [Guangzhou Automobile Group](https://endata.com/companies/15914.md) (target)

## Sources

- [stellantis.com](https://www.stellantis.com/en/news/press-releases/2022/january/stellantis-plans-to-take-majority-share-in-joint-venture-with-gac-in-china), 2022-01-27: "The announcement is a key element of Stellantis’ plan to set a new basis for its business in China."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.