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Recently, the bankruptcy administrator for GAC Fiat Chrysler released a progress update regarding asset disposition in the bankruptcy liquidation proceedings. According to the report, the company's primary assets have been split into two distinct packages, both of which are being put up for public auction through the JD Asset Trading Platform. The first asset package encompasses land and buildings (including structures), with an initial bidding price set at 602 million yuan. The second package consists of equipment, and its starting bid stands at 198 million yuan. The announcement period for the auction will span from November 1 to November 16, 2025. The actual auction will take place from 10:00 AM on November 16 to 10:00 AM on November 17.
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