Jeep China fail

[MattHamilton]

https://www.cnbc.com/2022/10/31/ste...-venture-in-china-to-file-for-bankruptcy.html

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[Rusty PW]

There will be more to follow.

 

[Killroy Was Here]

So in other words, China is finished stealing all the tech they wanted from Stellantis/Jeep & kicking them to the curb.
Pretty much standard operating procedure for them, and no big surprise.

 

[BAT]

So in other words, China is finished stealing all the tech they wanted from Stellantis/Jeep & kicking them to the curb.
Pretty much standard operating procedure for them, and no big surprise.

Very True

 

[robinja]

So in other words, China is finished stealing all the tech they wanted from Stellantis/Jeep & kicking them to the curb.
Pretty much standard operating procedure for them, and no big surprise.

Nailed it.

 

[Rockabillyroy]

The world is moving towards electrification at a breakneck speed. Look at all the latest ebike tech coming out of europe and china.

"Foreign automakers as a group have been under growing pressure in China, where the market has shifted quickly to battery-electric vehicles and domestic brands have been taking market share."

 

[ttn333]

So in other words, China is finished stealing all the tech they wanted from Stellantis/Jeep & kicking them to the curb.
Pretty much standard operating procedure for them, and no big surprise.

Yup that's exactly what it is. Definitely not this "Sales for the venture, which sold the Jeep Cherokee SUV and the Compass crossover, have been in sharp decline for the past four years. Sales fell by 50% in 2021 from the previous year to 20,396 vehicles."

 

[AmosMoses]

This enters into politics. I would delete this thread.

 

[Elff]

The world is moving towards electrification at a breakneck speed. Look at all the latest ebike tech coming out of europe and china.

"Foreign automakers as a group have been under growing pressure in China, where the market has shifted quickly to battery-electric vehicles and domestic brands have been taking market share."

Kind of funny due to the fact that they lead the world in smog

 

[TimC]

This enters into politics. I would delete this thread.

You should stop hallucinating

 

[Rockabillyroy]

Kind of funny due to the fact that they lead the world in smog

another fine example of them catching up and surpassing us. at least we're still ahead per capita.... hahaha...

but yeah, california had a massive smog problem and took major changes to get it in check. Everyone is else benefiting from better fuel economy and less polluting vehicles.
There's an article about the massive batteries that were ramped up that kept the rolling black outs from this heatwave at bay.

 

[Hootbro]

This enters into politics. I would delete this thread.

Really, where did that happen? Disagreeing with something does not make it political.

 

[legacy_etu]

So in other words, China is finished stealing all the tech they wanted from Stellantis/Jeep & kicking them to the curb.
Pretty much standard operating procedure for them, and no big surprise.

^^ This. Happened to my company there too.

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