Will Chrysler/Dodge/Jeep/Fiat go Commie?

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greybeard

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Looks to be a possibility...Mao Zedong must be laughing in his grave. :x

http://www.foxbusiness.com/...chrysler-report.html

Fiat Chrysler Automobiles (FCAU) has attracted takeover interest from multiple Chinese automakers, according to a new report Monday.

An unidentified Chinese automaker extended at least one offer this month to acquire Fiat Chrysler, industry publication Automotive News said. Fiat Chrysler rejected the bid, which was said to provide a small premium over the company’s market value. The report added that executives at other large car makers in China are evaluating a potential buyout and recently met with groups that represent U.S. dealers.

Chinese delegations were also spotted inside Fiat Chrysler’s headquarters in Auburn Hills, Michigan, last week. Meanwhile, Fiat Chrysler executives reportedly went to China and met with Great Wall Motor. Dongfeng Motor, Volvo owner Zhejiang Geely Holding Group and Fiat Chrysler’s Chinese joint venture partner Guangzhou Automobile Group are potentially interested as well, according to the report.


More at the link
 

shaz

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China wants US intellectual property and buying a company is a good way to get the last 40yrs of R&D.
 
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greybeard

greybeard

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dun":2nd1nkd7 said:
I can;t picture a chinese ferrari, alfa riomeo or lambrigini

No, but then too, I had problems envisioning an Indian LandRover or Jaguar...
(Tata motors bought both from Ford about 10 years ago)
 

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