Stellantis will recognize a non-cash impairment charge of approximately 297 million euros ($299.5 million) for its first half 2022 results, said the carmaker.

"The Jeep brand will continue to strengthen its product offering in China with an enhanced electrified line-up of imported vehicles meant to exceed Chinese customer expectations," Stellantis added.

($1 = 0.9918 euros)

(Reporting by Tassilo Hummel; Editing by Sudip Kar-Gupta)