Chinese manufacturer wants to get Fiat Chrysler

Chinese manufacturer wants to get Fiat Chrysler


China’s largest car repair company intends to buy Fiat Chrysler Automobiles (FCA), according to Automotive News. The offer was due earlier this month, but was rejected by the FCA.

The offer has reportedly been slightly higher than the FCA market value. And that was not enough for an Italian American company. According to Vehicle News, representatives of Chinese manufacturers have been spotted outside the FCA headquarters in Auburn Hills, Michigan. In addition, senior FCA employees are said to have been at the Great Wall Motor Company in China.

Scheduled

Chief Executive Officer Sergio Marchionne has simplified the FCA in recent years, possibly with a view to future sales of the company. For the Chinese, the international network of FCA is very important. The Jeep and Ram brands are especially profitable. Additionally, Chrysler, Dodge and Fiat would have been included in the sales possibility and Maserati and Alfa Romeo would not have been included, according to Automotive News.

Fiat Chrysler remembers 1.33 million cars

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Chinese manufacturer wants to get Fiat Chrysler

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